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.
Shares in Australia’s Resolute Mining (ASX, LON: RSG) shot up on Wednesday on news that Ghana had restored the mining lease for the company’s Bibiani gold mine. The company’s stock jumped as much as 20.2% to A$0.565 in early trading in...
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