While junior explorers and developers have rushed over the last twelve months to secure a spot at the table for the ongoing gold rush, the world’s largest gold miner had a different plan.
They wanted to divest assets. And not just piddly little operations either. No, they wanted to get rid of about 1.2 million ounces a year of annual production. Enough production that on a combined basis, would basically equate to a major gold producers worth of annual production.
Why?
Let’s dive in.
Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
