GST expects an industry consolidation and increased M&A in the miners in 2012. Note China continues to purchase undervalued gold miners such as Jaguar Mining. Rio Tinto has just outbid Cameco for the purchase of Hathor’s Roughrider Uranium Deposit. In the rare earth arena, The Koreans recently made a deal with Frontier Rare Earths and Japan’s Toyota finalized an agreement with Matamec, Molycorp acquired Neo Material...do not forget the historic Glencore-Xstrata deal.
Read more
Look For Increased M&A Activity In Precious Metal, Uranium and Rare Earth Miners in 2012
