Goldfields expected to be M&A hotspot

ANALYSTS believe more mergers and acquisitions, particularly of single-asset operators, are looming in the Australian gold sector.

Goldfields expected to be M&A hotspot Goldfields expected to be M&A hotspot Goldfields expected to be M&A hotspot Goldfields expected to be M&A hotspot Goldfields expected to be M&A hotspot

Multi-asset Australian gold producers are in poll position to acquire. Image: iStock/alfexe

Argonaut Securities says current high asset valuations due to the near-record Australian dollar gold price are likely to prevail, triggering more mergers of equals.

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