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.
[caption id="attachment_839308" align="aligncenter" width="600"] Pueblo Viejo mine. (Image courtesy of Barrick Gold)[/caption] Barrick Gold (TSX:ABX), (NYSE:ABX), the world's largest bullion miner by total output, said Monday it is cutting its 2015 production forecast after a mechanical issue detected at its jointly...
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