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Stock Market & Financial Investment News

News Breaks
June 16, 2014
10:06 EDTAEM, AUYAgnico-Eagle, Yamana Gold complete acquisition of Osisko Mining
Agnico Eagle Mines (AEM) and Yamana Gold (AUY) announced the completion of their previously announced court-approved plan of arrangement pursuant to which Agnico Eagle and Yamana have jointly acquired 100% of the issued and outstanding common shares of Osisko Mining. Osisko's common shares will be de-listed from the Toronto Stock Exchange as at the close of business. Agnico Eagle and Yamana now each own 50% of Osisko and have formed a joint committee to operate the Canadian Malartic mine in Quebec. The partners will also jointly explore and potentially develop the Kirkland Lake assets, and continue exploration at the Hammond Reef, Pandora, and Wood-Pandora properties.
News For AEM;AUY From The Last 14 Days
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July 25, 2014
10:02 EDTAUY, AEMOn The Fly: Analyst Downgrade Summary
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08:27 EDTAUYYamana Gold downgraded to Underweight from Neutral at HSBC
HSBC downgraded shares citing valuation. Price target remains $8.20.
08:27 EDTAEMAgnico-Eagle downgraded to Underweight from Neutral at HSBC
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