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Newmarket has new targets

New M&A seems like the logical course for Australia-focussed TSX gold miner Newmarket Gold after its operational turnaround and creation of an organic growth profile, though CEO Douglas Forster is maintaining the company’s “cautious investors” guise in contrast to the aggression being shown on the exploration front.

Newmarket has new targets Newmarket has new targets Newmarket has new targets Newmarket has new targets Newmarket has new targets

Newmarket chairman Ray Threlkeld (left) and CEO Douglas Forster at Fosterville 1Moz gold pour

Speaking to Mining Journal at the Beaver Creek Precious Metals Summit in Colorado, USA, Forster said the company’s 207% year-to-date share price rise (propelling its market cap toward US$600 million)