Gold price boom has completely changed mergers landscape – Source – Kitco News (09/24/2019)

With the run-up in gold prices, mining assets around the world have appreciated in value, and it is unlikely senior and mid-tier producers will be acquiring projects at a discount in the future, this according to Darren Blasutti, CEO of America Gold & Silver.

“When the gold price moves up $300 and suddenly [mining projects] are very profitable, it changes expectations,” Blasutti told Kitco News on the sidelines of the Denver Gold Forum.

Share This Post