Consolidation season has finally arrived in the goldfields, just as many experts and analysts have been predicting for some time now. With exploration budgets having been slashed since their 2012 peak, and because there are today fewer and fewer ounces of gold available to be mined, one way forward for producers of all sizes will be to ramp up mergers and acquisitions (M&A) activity.
You might have heard that Newmont Mining will be buying Goldcorp in a massive $10 billion deal. The resultant company,…Click here for full article.