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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

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.


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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