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Cash-rich Australian gold miners set to take deals global

Evolution, Northern Star and other Australian miners could consider mergers in Canada or the US to build scale

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Bullion has advanced about 12 per cent on haven demand since touching a 10-month low in December. Waning global gold output is likely to spur more deals and industry consolidation.

Melbourne

AUSTRALIA'S top gold producers are set to take their US$5 billion acquisition spree global to secure growth as domestic opportunities fade and bullion's gains swell their cash piles.

Companies including Evolution Mining Ltd and Northern Star Resources Ltd, Australia's No

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