Original article by Tess Ingram
The Australian Financial Review – Page: 18 : 21-Jun-16

Shares in Australian-listed Gryphon Minerals finished 22.2 per cent higher at $A0.165 on 20 June 2016, in response to a takover bid from Teranga Gold. Both companies have gold projects in West Africa, and Scott Williamson of Hartleys anticipates further consolidation among gold players with a presence in the region. Duncan Hughes of Somers & Partners expects North American miners in particular to target West Africa-focused Australian gold producers.

CORPORATES
GRYPHON MINERALS LIMITED – ASX GRY, TERANGA GOLD CORPORATION – ASX TGZ, HARTLEYS LIMITED, SOMERS AND PARTNERS PTY LTD, PERSEUS MINING LIMITED – ASX PRU, AMARA MINING, ENDEAVOUR MINING CORPORATION, TRUE GOLD MINING, RESOLUTE MINING LIMITED – ASX RSG, WEST AFRICAN RESOURCES LIMITED – ASX WAF, CARDINAL RESOURCES LIMITED – ASX CDV