IKN

Win us with honest trifles

Newcrest buys Pretium

Considering that we knew NCM was late-stage on Kirkland Lake (KL) before that fell to Agnico, this move makes a plenty of sense. And once again, it’s not just holders of PVG that will be celebrating tomorrow. Anyone holding Great Bear will be applauding this deal, the consolidation of single asset precious metals companies is well and truly on. NR here.

10 Comments

    Will this wave of consolidations mark the top of the market again, as it usually does?

    Reply

    We need to wait for some stupidly overpriced acquisitions (e.g. Peregrine by Stillwater) or, Helca and/or Coeur buying something.

    They generally manage to time everthing (im)perfectly

    Reply

    Can you give us a list of what’s left to buy for Newmont and Barrick?
    Must be a short list.
    Great Bear? Kinross? Evolution?

    Reply
    West Van Mike Lovely West Vancouver 09/11/21 7:55 am

    Who will buy Wesdome WDO?

    Great assets, great jurisdiction, solid financials.

    Reply

    […] IKN reader Tweetie put this comment under last night’s quick post on the Newcrest/Pretium […]

    Reply

    Do you think there is another buyer that could outbid Newcrest for the asset?

    Reply

Leave a Reply

Your email address will not be published.

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.