Wonder what merit the giant squid's words may have in the ZH article;
(
(2) increasing exposure to copper, and
(3) expansion of its footprint in locations (such as Australia and Canada in particular) that NEM is comfortable with.
)
https://www.zerohedge.com/markets/global-gold-miner-consolidation-accelerates-newmont-bids-newcrest
Bloomberg's comment "...declining global reserves ..." is one to really question, is it not? This old paradigm is as if new technology doesn't keep opening up otherwise unfound resources, further and deeper into the earths crust, like Haverion ?
Anyway, does "expansion of footprint" and "increasing exposure to copper" take us back to our earlier Antipa's hopes and aspirations of a few years ago?
Recent Gold M&A in Australia - Big Premiums on Acquisitions, page-172
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