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.
Mirasol Resources (TSX-V: MRZ) announced that Newcrest (TSE:NCM) has exercised its option to enter the farm-in phase of its joint venture to develop the Gorbea gold project in Chile by making a $500,000 payment to Mirasol. To date, Newcrest has completed 5,426m of...
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