June 11, 2013 at 19:15 PM EDT
M&A Activity in Gold Sector Has Been Low, According to Headwaters Merchant Bank
(Kitco News) – Despite current low in-situ valuations for small and intermediate gold producers, there’s been a lack of mergers and acquisitions as large scale gold producers struggle with capital and operating costs, said Headwaters MB, a U.S.-based investment bank. “Under normal conditions, there already would have been a wave of consolidation with the large [...]
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