GREY:PTQMF - Post by User
Post by
Libertygon Dec 02, 2010 11:11am
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Post# 17789371
M&A
M&A"The frenetic pace of merger activity in the mining sector is expectedto continue into next year as companies with stockpiles of cash competefor shrinking resources.
Nearly three-quarters of Canadian miningexecutives say they will likely pursue deals in 2011, according to anew survey by consultant KPMG LLP. Several notable deals have alreadybeen completed this year, including Goldcorp’s $3.6-billion acquisitionof Australia’s Andean Resources Ltd., which is expected to close thismonth."