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.
Gold Royalties (NYSE-AM: GROY) is proposing to acquire Elemental Royalties (TSXV: ELE) in an all-share deal valued at C$130 million ($100.4m). Gold Royalties said it is taking its offer directly to Elemental’s shareholders, after its two previous approaches to the...
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