Gold Miner Mergers & Acquisitions Are Finally Picking Up In The Last Month

Mid-tier primary gold miners with good free cash flow margins and good balance sheets are being aggressive either buying “non-core” assets, or…

by Jason Burack via Wall St For Main St

After the Denver Gold Forum in September, mergers and acquisitions in the gold mining space is finally picking up especially in the last month. However, all assets are not being acquired for big premiums. Some are being acquired for no premium at all.

Mid-tier primary gold miners with good free cash flow margins and good balance sheets are being aggressive either buying “non-core” assets from Barrick Gold and Newmont Goldcorp or trying to buy development assets from juniors for no premium.

With more assets from juniors gold to larger (and better) counter parties, this will also benefit all precious metals royalty and streaming companies.