Glamis Gold Ltd

Glamis bid pushes Eldorado into red

Legal costs associated with defending the failed takeover attempt by Glamis Gold helped push Eldorado Gold (TSE) into the red for 1995.The company recorded a loss of US$2.4 million for the year after …


Glamis OKs Imperial development

Construction and development of the Imperial project in Kern Cty., Calif., are expected to start in the second quarter of 1997.Glamis Gold (TSE) has completed a feasibility study on the project, which…


Golden Queen re-affirms faith in Soledad Mountain

Junior Golden Queen Mining (TSE) has taken its Soledad Mountain project off the selling block and intends to develop the project as expeditiously as possible.The open-pit, heap-leach project, situated…


Glamis’ bid for Eldorado dead

Some two months after first taking a run at Eldorado (TSE), Glamis Gold (TSE) has allowed its takeover bid for the company to expire.Glamis, which was offering $1.50 in cash plus 0.47 of a common shar…




Glamis revises bid for Eldorado

Thwarted in its original offer, Glamis Gold (TSE) has boosted its bid for Eldorado (TSE) to $1.50 plus 0.47 of a Glamis share for each share of Eldorado. Based on Glamis’s trading level of $10.38, the…



Glamis-Eldorado marriage unlikely

The hostile takeover of Eldorado (TSE) by Glamis Gold (TSE) is on the rocks.In an eleventh-hour move, Glamis withdrew its application before the Ontario and British Columbia Securities Commissions, re…



Glamis extends Eldorado offer

The battle for control of Eldorado (TSE) shows little sign of letting up.Glamis Gold (TSE), which launched a takeover bid for the Bermuda-based company in early June, has extended the deadline for its…


Eldorado fights Glamis bid

An unsolicited takeover offer by Glamis Gold (TSE) does not appear to have diverted Eldorado’s (TSE) attention from its joint-venture projects nor from its mining operations in Mexico’s Sonoro state.W…


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