Cashed-up Australian gold miners set to take deals global

August 4, 2017

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Australia’s top gold producers are set to take their $5-billion acquisition spree global to secure growth as domestic opportunities fade and bullion’s gains swell their cash piles.

Companies including Evolution Mining and Northern Star Resources, Australia’s No. 2 and No. 3 producers, may be required to look to the US and Canada for acquisitions to add operations of sufficient scale and quality, according to Global Mining Research.

Category: General