RMRK - Gold Miners have to acquire mines from junior miners
June 11, 2015
Reserve Replacement Is Key for Gold Miners in 2015
To stay in the business, miners either have to find new mines to replace depleting mines or acquire mines from junior miners (GDXJ) engaged mainly in exploration.
With declining reserves and a lack of new discoveries, miners can use the mergers and acquisitions option to replace reserves and grow.
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