Canaccord Genuity Upgrades Tahoe Resources (TAHO) to Buy
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Tahoe Resources (TAHO) to Buy Rio Alto Mining (RIOM) for About C$4/Share
February 9, 2015 8:16 AM ESTTahoe Resources Inc. (NYSE: TAHO) and Rio Alto Mining Limited (NYSE: RIOM) are pleased to announce that they have entered into a definitive agreement to combine their respective businesses and create a new, leading intermediate precious metals producer with several value-enhancing growth opportunities.
The combined company offers shareholders significant low cost production from the world-class Escobal silver mine in Guatemala and the established La Arena gold mine in Peru, in addition to long-term sustainable growth fueled by the development of the Shahuindo gold project with first production... More
