M&A ramps up ahead of gold season

TWO big precious metals deals announced this week on the eve of the biggest global gold events could pave the way for more sector activity, with many Aussie producers in the “sweet spot”.

M&A ramps up ahead of gold season M&A ramps up ahead of gold season M&A ramps up ahead of gold season M&A ramps up ahead of gold season M&A ramps up ahead of gold season

On Monday night, Toronto and New York-listed gold producers Alamos Gold and Richmont Mines announced that Alamos would acquire its smaller rival in a scrip deal worth US$770 million at a 22% premium.