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.
Canada’s B2Gold (TSX: BTO)(NYSE: BTG) is buying fellow precious metals miner Sabina Gold & Silver Corp (TSX: SBB)(OTC: SGSVF) in an all-stock deal worth C$1.1 billion ($824m). The transaction hands B2Gold the Back River Gold District property in Nunavut, Canada, which...
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