RE:RE:another new buyout article
GCU or Quinton did not mention Newmont. Only the article is suggesting that.
But that's no big surprise anyway. it's clear, that with a starving pipelines of new multi-million ounces gold projects, many millions of written off projects that have become unprofitable at current prices, that companies sooner or later will have to look for aquisitions of projects that can be run in the current environment.
There have not been discovered many gold deposits in the last years and the 90 million ounces that are depleted every year need to be replaced, if the amount of produced Gold should not dry up.