But another theme also likely to dominate the PDAC show from June 13-15 is dealmaking in the gold industry, weeks after a pair of multi-billion dollar deals involving Canadian miners created two of the top global gold producers.
“We are going to see consolidation continue,” Jamie Rogers, co-head of global metals and mining at Bank of Montreal’s investment banking division, one of the industry’s top dealmakers, said in an interview. Mergers and acquisitions are being driven by a desire by companies to increase scale and improve their financial footing, “which means being big enough and liquid enough to attract a larger investor community.”
Interest in the key minerals needed to build and power EVs, wind turbines, solar panels, and battery storage are expected to pique investor interest at PDAC, which returns to an in-person gathering after the pandemic made 2021’s event a virtual affair. CRU Group will unveil…
