PRECIOUS METALS

Yamana team back with US$267M Allied Gold raise

Allied Merger Corporation (AMC), a company formed and run by former Yamana Gold principals led by Peter Marrone, and Mondavi have raised US$267 million ahead of a reverse takeover with Allied Gold and Mondavi Ventures.

Peter Marrone will lead Allied Gold

Peter Marrone will lead Allied Gold

Allied Gold owns or controls three producing mines and several development and exploration projects in Côte d'Ivoire, Mali, Ethiopia and Egypt, producing more than 370,000ozpa and with aggregate reserves...

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