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.
Gold Field’s (JSE, NYSE: GFI) intended acquisition of Canada’s Yamana Gold (TSX: YRI; NYSE: AUY) remains in limbo, though the South African miner has gained backers and says its shareholders are starting to understand the strategy. Speaking after his second international...
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