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.
The world's number two gold producer, Newmont Mining (NYSE: NEM), denied Peruvian press reports claiming the company’s subsidiary Yanacocha was planning to leave the gold-rich northern region of Cajamarca no later than 2016. In a statement (in Spanish) Yanacocha’s CEO,...
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