PRECIOUS METALS

Nevada's Walker Lane a deal hotspot

The US$370 million bid by AngloGold Ashanti to buy the 80.5% of Corvus Gold it doesn't already own is putting the Walker Lane district in Nevada, USA firmly back on the map. Should the deal go through, AngloGold would be the first gold major active in the area since 1994, when Barrick Gold wrapped up production at its Bullfrog mine a few miles to the west.