The gold sector focused on Doray Minerals and Silver Lake Resources this week after the two WA-based gold producers announced a nil-premium merger to create a $400 million mid-tier ASX-listed company with pro-forma production this year of 240,000 ounces of gold and gold equivalents. After some initial selling by investors, Doray and Silver Lake returned to the winner’s list on Friday to end the week on a high.
Investor Insight by Cannings Purple is an online news service dedicated to providing investors and media with the latest insights and market trends. Investor Insight consists of company news, industry movements and key information on the Australian Stock Exchange (ASX).
Subscribe today to stay in touch with the latest.