Apr 08, 2021 Guest(s): Peter Doughtery Argonaut Mining CEO
Despite precious metal prices well off 2020 highs, companies in the precious metal sector will continue to organize themselves into larger entities, said Argonaut Mining CEO Peter Doughtery.
Doughtery spoke to Kitco on Wednesday. Argonaut Mining (TSE:AR) is an intermediate gold producer with plans for 200,000 to 250,000 gold equivalent ounces in 2021.
"Do I think that consolidation is going to continue to happen in this sector? And does it need to happen over the future? The answer is 'absolutely'," said Doughtery.