Thu, Apr 17, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

For the next round of gold deals, small is beautiful

Posted on 07 October 2013

Gold miners may be tempted back into the take-over game by lower prices and the need to replace reserves, but they are likely to shy away from flashy mega-projects that require big capital expenditures. Mining deals have slowed to a crawl, thanks to a volatile market and pressure from investors still angry about the steep premiums paid during boom times. The pause can’t last forever, but the excesses of the last cycle will cast a long shadow.
“Everyone is really gun-shy of the high capex projects,” said Randy Smallwood, chief executive of Silver Wheaton Corp, which provides miners with cash to finance mine construction in exchange for the right to buy future silver production at a set price………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930