Here Comes The Giant Dump Truck Looking For Material

Posted at 2:31 PM (CST) by & filed under General Editorial.

Dear Readers,

For my interests, this is exactly what I  anticipated gold majors would do as the most predictable result of the shocking depletion of new gold finds of significant magnitude any where in the world.

Majors do not explore. Those majors that do have always done a total lousy job of it. They make up rules of exploration that totally tie the hands of the”Out of the Box” mine finders, from which new supply has ALWAYS come.

See: http://www.cloud-capture.com//gc/Final.mp4

Jim Sinclair

Executive Chairman

j.sinclair@tanzanianroyalty.com

Mining.com

Megamerger Push Has Gold Miners Eyeing New Dance Partners
March 7, 2019

A push by the world’s biggest gold miners to get even bigger will likely have a knock-on effect among their competitors, adding new vigor to an industry that failed to inspire investor support in 2018.

The megamerger mania now under way for Newmont Mining Corp., Barrick Gold Corp. and Goldcorp Inc. is likely to result in some of their assets being sold, helping to diversify portfolios for other miners and boosting the interest of investors. More importantly, it could force mid-tier companies to team up in order to successfully compete.

“This is a competitive marketplace in terms of attracting capital, and you have to make a decision at some point,” Michael Siperco, an analyst at Macquarie Capital Markets, said in a telephone interview. “Yamana, Kinross, Iamgold — what’s the strategy here in terms of not getting absolutely left behind?”

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