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.
London-based explorer Stratex (LON:STI) got an early Christmas present this year as Canadian Centerra Gold (TSX:CG) paid the junior, and partner in the Turkey’s Oksut project, a noteworthy $40 million for its 30% stake in the venture. With the transaction, announced Wednesday,...
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