Mining consolidation to speed up as Chinese demand growth slows
However, full-scale mergers and acquisitions activity among diversified miners could be hampered for now, investors said at a CESCO event this week.
[caption id="attachment_825339" align="aligncenter" width="600"] Porgera gold mine in Papua New Guinea (Image courtesy of Barrick Gold)[/caption] Canada’s Barrick Gold’s (TSX, NYSE:ABX), the world's No.1 producer of the precious metal, has sold 50% of its subsidiary that manages the Porgera gold...
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