Endeavour to buy Teranga, creating top 10 gold miner

Endeavour Mining (TSX: EDV), already West Africa’s top gold producer, has agreed to buy Teranga Gold (TSX: TGZ) in an all-share deal worth C$2.44 billion ($1.86 billion), which would create a top 10 gold producer. The miner is offering 0.470 of its own...