Hochschild to buy Amarillo Gold for control of Posse project in Brazil

London-based Hochschild Mining (LSE: HOC; US-OTC: HCHDF) has announced a $105 million cash offer to acquire Amarillo Gold (TSX: AGC; US-OTC: AGCBF). The offer, priced at 40c per Amarillo share, will give Hochschild control of the takeover target's flagship Posse...