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.
Global gold-backed exchange-traded funds (ETFs) had $4.9 billion or 84.5 tonnes of net inflows in February, boosting holdings to new all-time highs of 3,033 tonnes, the World Gold Council (WGC) reported Thursday. Combined with a gold price increase of nearly...
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