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Markets Live: Shares burst out of the blocks
Aug 6th 2012, 02:07

Australian share are strongly higher after US and European markets rallied following better-than-expected US jobs figures and a more positive view of the European Central Bank's (ECB) stand on the eurozone debt crisis. Follow the Diggers & Dealers live blog here 10.53am: While we're on a mining theme, West Australian gold miner Integra Mines has agreed to a $426 million takeover by fellow gold miner Silver Lake Resources. The takeover will create a gold company with resources totalling 6.6 million ounces of gold, and current production of 200,000 ounces per year. Integra shareholders will receive one Silver Lake share for every 6.28 Integra shares they hold, representing a premium of...

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