M&A

Alacer at fresh high on Gediktepe sale

Miner Alacer Gold (TSX: ASR) is set to receive US$10 million in cash as part of the sale of its 50% stake in the polymetallic Gediktepe project to its Turkish joint venture partner.

Staff reporter
 Alacer, which declared commercial production at its Çöpler sulphide expansion project in June, says it is still planning to expand its operation base

Alacer, which declared commercial production at its Çöpler sulphide expansion project in June, says it is still planning to expand its operation base

The market's positive reaction lifted Alacer's Toronto-listed shares to a six-year high and pushed its market capitalisation further above US$1 billion. Alacer said yesterday it was selling its stake...

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