The Global Resource For Connecting Buyers and Sellers

Gold miners slowly shift focus to growth

Gold miners are gradually shifting their focus to growth and renewed investments after years of financial austerity measures and the prioritisation of cost competitiveness and core assets. While firms will remain committed to lowering costs to improve their competitiveness and reducing debt to better withstand long-term gold price volatility, rising profits on the back of climbing gold prices is encouraging a slow return to deal-making, acquisitions and an increase in spending.