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.
Orla Mining’s (TSX: OLA) Camino Rojo open-pit project in Zacatecas, Mexico, would produce 97,000 oz. gold annually over seven years and could be built for $123 million, a new feasibility study concludes. The study envisions a simple heap-leach operation that...
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