The mining industry is enjoying high prices, high profits and thus, high cash flows. What to do with all that extra cash?
Special dividends and share-buybacks to reward shareholders is one option. But with the expectation of even high prices on the horizon, many mining companies are looking to use this cash to increase their production potential. Developing new mines is another option, but the process takes several years, sometimes decades. An even better option, one that we are seeing gaining momentum as of late, is to expand production via purchasing other mining companies.
Continue reading 4 Mining Takeover Targets
