It seems that it has been started a new generation of mergers and acquisitions activities in the gold industry as the result of the merging of two mining companies, Barrick Gold and Randgold in March 2019. This industry is highly fragmented; in a way that the 10 largest producers’ production shares of the global gold supply is less than 30%.
In other words, the need to maintain production stability has caused integration (merger and acquisition activities) to be a medium-term driver of the gold chain mining sector. Creating one of the largest gold production companies in the world and the construction of the largest gold production mining complex in Africa are the probabilities in this new trend.
