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.
Monarch Mining (TSXV: GBAR) plans to reopen its Beaufor mine and Beacon mill, 20 km east of Val-d'Or, Quebec, by next June. Currently on care and maintenance, Beaufor has produced over 1.1 million oz. of gold at an average grade...
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