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Gold Miners Burned by Bad Deals Are Again Rushing to M&A

  • Gold mine supply is expected to peak in 2019, BMO Capital says
  • Executives turn to M&A and exploration to boost production
Bloomberg business news

Trump Fears Seen Benefiting Gold Bulls

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It’s been a dirty word in the gold-mining industry for the last three years, but now companies can’t stop saying it: growth.

Top executives are on the hunt for mergers and acquisitions, and focusing on exploration as the industry emerges from survival mode. Gold prices have recovered and cost cuts are taking effect, delivering profits for companies that need to remedy a shortage of new discoveries and declining reserves.