Mining Maven Says Share Slump to Spur Mergers: Corporate Canada

Catherine McLeod-Seltzer, one of Canada’s top mining dealmakers, is forecasting an increase in mergers and acquisitions because of a shortage of financing.

Mining stocks are trading close to a three-year low as commodity prices decline on concern that growth is slowing in China, the largest metals consumer. McLeod-Seltzer says that as investors shun equity offerings and banks shy away from making loans, more mine developers will be bought by larger competitors looking to add output and reserves.