M&A momentum in the gold sector
Kitco NEWS Roundtable
English - February 17, 2023 20:33 - 6 minutes - 6.05 MBInvesting Business gold investing mining precious metals small cap cobalt coal platinum lithium silver Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Newmont will have a big presence in B.C. if Newcrest deal goes through
Next Episode: Time to worry about gold?
Early this week B2Gold said it would acquire Sabina Gold & Silver for C$1.1 billion (US$823.66 million).
On Friday's Roundtable mining audiences manager Michael McCrae and Kitco correspondent Paul Harris talked about yet another big M&A in the gold sector.
Early this month number one gold miner Newmont made a $16.9 billion offer for number seven ranked Newcrest. This week Newcrest said the offer under values the company.
McCrae and Harris also talked about LG Chem buying a stake in Piedmont Lithium.