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Consolidation heralds a new golden age

Australia’s gold sector will soon be home to two larger players, when Avoca completes its merger with Canada’s Anatolia Minerals and Kingsgate Consolidated wraps up its purchase of Perth’s Dominion Mining.

Sarah Thompson and Paul Garvey

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Australia’s gold sector will be home to two larger players in a couple of weeks, when Avoca Resources formally completes its merger with Canadian-listed Anatolia Minerals and Kingsgate Consolidated wraps up its purchase of Perth’s Dominion Mining .

There seems little chance of consolidation in the gold industry ending there, however, and Australia’s well-stocked ranks of West African gold operations is shaping up as the most likely epicentre of activity.

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Original URL: https://www.afr.com/companies/mining/consolidation-heralds-a-new-golden-age-20110119-iu7jb