Agnico Eagle Buying Rival Miner Kirkland Gold For $11 Billion

Agnico Eagle Mines Ltd. agreed to acquire Kirkland Lake Gold Ltd.in an all-stock deal to create a bullion giant in mine-friendly countries, heralding a potential wave of industry consolidation. The shares of both Canadian miners fell. Agnico CEO Sean Boyd and Kirkland's CEO Tony Makuch, both spoke to BNN Bloomberg's Jon Erlichman. (Source: Bloomberg)

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