Mining firms find few gems among takeover targets - By Susan Taylor
Deal-hungry miners looking to restock diminishing reserves have a full menu of companies and properties to choose from, but there is a scant selection of mouth-watering acquisition targets.
With just a handful of Canadian companies boasting big, new deposits, with permits in place, mining prospects that were once passed over may be attracting a second look.
"A lot of the stuff out there has been around forever, and so the companies have looked at these things dozens of times," said Haywood Securities mining analyst Kerry Smith.
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