November 14, 2016 / 9:27 PM / in a year

Yamana Gold says no interest in making bid for Kirkland Lake

Nov 14 (Reuters) - Yamana Gold Inc has “no interest” in making a bid for fellow Canadian gold miner Kirkland Lake Gold, Yamana said on Monday in an emailed response to a question from Reuters.

Kirkland Lake has rejected three joint bids from South Africa’s Gold Fields Ltd and Silver Standard Resources Inc. That has lead to market speculation that a higher bid may emerge for Kirkland Lake, possibly from miners with interests in the Kirkland Lake area, such as Yamana.

Reporting by Nicole Mordant in Vancouver; Editing by Marguerita Choy

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