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Diversifieds play a waiting game on M&A

An apparent reluctance on the part of the world’s major diversified miners to develop greenfield base metal deposits means any growth in production is more likely to be bought than built from scratch, paving the way for an uptick in M&A activity once concerns around COVID-19 die down.

Diversifieds play a waiting game on M&A Diversifieds play a waiting game on M&A Diversifieds play a waiting game on M&A Diversifieds play a waiting game on M&A Diversifieds play a waiting game on M&A

First Quantum Minerals' Cobre operation, located in Colon Province, 120km west of Panama City. The company could be a takeover target as the world's major miners look to increase their exposure to copper

While the possibility of a second wave of infections coupled with twitchy shareholders hungry for dividends mean blockbuster deals are unlikely for the remainder of 2020 -