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Commodities Briefing - Categorized | Bullion/Gold, M&A, Market Moves, Metals and Minerals more

Gold mine M&As will likely have to wait until market volatility reduces

Posted on 14 November 2008

From Mineweb.com: While reduced valuations of gold stocks may present what look to be great opportunities, mining majors and mid-sized companies seem to be putting M&A on hold for the time being because of price volatility.

Small gold firms hit by the credit crisis and weak gold prices are keen for mergers with bigger rivals, but consolidation will likely have to wait until volatile share prices stabilise, company officials said on Thursday…… Full Article: Source


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