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Gold miner M&A is on a roll
There has been a succession of mergers and acquistions in the gold space, said mining audiences manager Michael McCrae.
On Friday McCrae recorded a podcast with editor Neils Christensen and Kitco correspondent Paul Harris.
This past week it was announced that Evolution Mining would buy Glencore's Ernest Henry Mining copper-gold mine in Queensland, Australia, for A$1 billion ($730 million).
Earlier this month top ten Australian miner Newcrest picked up Pretium for $2.8 billion. In October there was the Agnico Eagle-Kirkland Lake tie up. If the merger is approved, Agnico Eagle will be a number three gold miner.
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There has been a succession of mergers and acquistions in the gold space, said mining audiences manager Michael McCrae.
On Friday McCrae recorded a podcast with editor Neils Christensen and Kitco correspondent Paul Harris.
This past week it was announced that Evolution Mining would buy Glencore's Ernest Henry Mining copper-gold mine in Queensland, Australia, for A$1 billion ($730 million).
Earlier this month top ten Australian miner Newcrest picked up Pretium for $2.8 billion. In October there was the Agnico Eagle-Kirkland Lake tie up. If the merger is approved, Agnico Eagle will be a number three gold miner.