Davide Bosio from Shaw and Partners tells Proactive that with gold equities trading at 12 month lows he's expecting to see an increase in merger and acquisition activity. He mentions news this week from Evolution Mining which has entered into an agreement with Navarre Minerals to sell its Mt Carlton gold mine. Bosio also highlights moves from St Barbara Limited to acquire 100% of Kin Mining shares.
Davide Bosio says M+A heating up as gold equities hit 52-week lows