CAPITAL MARKETS

AurionGold follows Placer south

TAKEOVER target AurionGold saw its shares tumble more than 10% from the opening bell in Sydney this morning after hostile suitor Placer Dome's stock shed C$1.40 to C$14.18 on the Toronto Stock Exchange overnight.

Greg Tubby

AurionGold has managed to regain a couple of cents but was trading 35c down at $3.13 just after lunch, after falling to as low as $3.11. Placer's stock was punished in Toronto after the gold price shed...

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