Gold's haven qualities have come back in focus this year amid rising geopolitical tensions, with record-high prices seen aiding M&A deals. Photo: Bloomberg
Gold's haven qualities have come back in focus this year amid rising geopolitical tensions, with record-high prices seen aiding M&A deals. Photo: Bloomberg

Gold rally spurs industry M&A deals in first quarter as unprofitable, marginal mines become viable again

  • Global M&As involving gold miners jumped five-fold in the first six months to 279 from a year earlier, according to data compiled by Refinitiv
  • Political tensions with western governments are forcing Chinese miners to look at targets in Africa, Central Asia and South America, law firm says

Gold's haven qualities have come back in focus this year amid rising geopolitical tensions, with record-high prices seen aiding M&A deals. Photo: Bloomberg
Gold's haven qualities have come back in focus this year amid rising geopolitical tensions, with record-high prices seen aiding M&A deals. Photo: Bloomberg
READ FULL ARTICLE