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.
McEwen Mining (NYSE, TSX: MUX) is investing C$10 million ($7m) to secure a 3.76% stake in precious metals junior Goliath Resources (TSX-V: GOT), which owns projects in the Golden Triangle of British Columbia. The transaction, paid in McEwen shares, includes half warrants...
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