Barricks Targets - only one name mentionedhttps://finance.yahoo.com/news/daily-gold-news-gold-going-120206952.html
Bristow cautioned producers against merely “rearranging the deck chairs” through deals. Gold miners must invest in finding new deposits to replace reserves, he said. For its part, Barrick remains interested in acquiring more so-called tier-1 assets, including Freeport-McMoRan Inc.’s Grasberg mine in Indonesia, Bristow said.
“Barrick as you know is completely, single-mindedly focused on tier-1 assets, and so it’s going to be of interest to us because there aren’t many tier-1 assets left that we don’t own or own part of,” he said.
Tier-1 gold assets are generally considered to have output of at least 500,000 ounces a year and long-term costs at the lower end of industry averages.