Malbex Resources (V.MBG) jumps 66% on entering into earn-in arrangement with Barrick Gold (T.ABX) at Del Carmen project located in Argentina
Reports say the merger plan is being driven by soft gold prices and by $1 billion in potential cost savings.
Without a major news headline to sink its teeth into, gold has been hovering above its recent low of $1,280.
Why a mega-miner merger could make gold shine http://www.cnbc.com/id/101603496?__source=yahoo%257cfinance%257cheadline%257cheadline...
ELD moon shot nears insiders are buying