PRECIOUS METALS

Kirkland Lake finds new market

The champagne corks might be popping in some parts of Vancouver after the announcement of Kirkland Lake Gold’s acquisition of Newmarket Gold, but look a bit closer and there is a notable absence of synergies.

On the face of it, the Kirkland Lake-Newmarket tie up looks like a good deal

On the face of it, the Kirkland Lake-Newmarket tie up looks like a good deal

The joining together of these two stellar gold juniors may signal a re-emergence of widespread mining M&A to some, but it will also conjure up memories of ill-fated acquisitions at the height of the boom...

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