EXN could be all poised for...."The National Post reports in its Tuesday, Aug. 23, edition that BMO Financial Group analyst Donald Coxe is advising a fresh look at the mining sector. The Post's Lori McLeod writes that Mr. Coxe sees a wave of consolidation coming at big market premiums. He says interest from "deep-pocket bidder" China could help the entire industry focus its merger and acquisition strategy. Mining industry majors are reappraising their prospects, which could set off a round of consolidation "at significant premiums to current stock market prices." The sector should benefit from soaring demand from China, shrinking reserve life indices, and the strongest cash flow and balance sheet levels in decades, says Mr. Coxe. He says he does not have knowledge of any specific deals in the works. "We think China is licking its wounds today, but will be back having learned from its setbacks," says Mr. Coxe. This probably means bids for mid-sized mining companies. He points out China's strong capital spending program and the rapid growth of what will become the world's largest middle class. Mr. Coxe says if you want to make money in the mining sector, buy producing mines."