Sprott completed the acquisition of Tocqueville’s gold strategy asset management business for $50m.

Sprott, an alternative asset manager, completed the acquisition of Tocqueville’s gold strategy asset management business for $50m. "We are pleased to be acquiring Tocqueville’s gold strategy asset management business. John Hathaway and his team are among the world’s most respected gold equities managers and we have enjoyed an excellent working relationship during the planning and launch of our joint venture over the past year. This transaction is a natural extension of that partnership, through which John will become a Sprott shareholder. We look forward to working closely together to serve our clients," Whitney George, Sprott President.