Kinross just took out Aurelian
"Kinross Gold Corp. agreed to buy Aurelian Resources Inc. for C$1.2 billion ($1.18 billion), gaining the largest gold deposit in Ecuador, where mining was halted in April pending a new minerals law.
Kinross will swap 0.317 share for each one of Aurelian's, the company said today in a statement. That's a 48 percent premium, based on yesterday's closing prices. Toronto-based Aurelian jumped as much as 69 percent on news of the buyout, which also includes Kinross warrants."
Cheap buy for them. The big question, who's next?