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.
Canadian precious metals producer McEwen Mining (TSX, NYSE:MUX) is rushing to obtain funds for its planned exploration program at its newly acquired properties near Timmins, Ontario. On Friday, the company announced a financing plan consisting of a $10-million bought deal private...
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