Capital Gold (CGC.A), a New York-based gold miner with operations in northern Mexico, said on Tuesday it had ended talks on being taken over by Timmins Gold (TMM.V), essentially opening Capital to being bought by Gammon Gold (GAM.TO) after months of speculation. Capital (CGC.TO) said its board had reviewed the Timmins all-stock proposal, and determined it was not superior to a $288 million cash and stock deal offered by Gammon Gold. (Reporting by Pav Jordan; editing by Peter Galloway)
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