Second activist targets Detour; seeks board changes
US hedge fund Livermore Partners is calling for an overhaul of the board at Detour Gold Corp and a strategic review, becoming the second activist to target the Canadian mining company.
Newcrest Mining (ASX:NCM) (TSX:NM), one of the world’s top five gold miners by production, reserves and market capitalization, is facing a lawsuit that challenges its licence to Australia’s largest underground gold mine, Cadia Far East.