Frank Giustra Makes Comeback With Leagold, Talks Mining (PART 4/4)

By frank giustra / June 23, 2017 / www.youtube.com / Article Link


After a long hiatus from the gold sector, well-known Canadian billionaire Frank Giustra makes a comeback with his latest venture: Leagold Mining. He expects the mid-tier company to become a major gold producer in the next four years, and that's what brought him back to the sector. 'I saw a couple of years ago that the end was coming to the bear market in gold and I thought it's time to do one more time what we've done several times...to build a gold mining company by way of acquisition,' he told Kitco News. Leagold's first acquisition took place this year when it bought Goldcorp's Los Filos mine in Mexico for $350 million.Don't forget to sign up for Kitco News' Weekly Roundup - comes out every Friday to recap the hottest stories & videos of the week:https://connect.kitco.com/subscriptio...Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: https://twitter.com/kitconewsnow --- Kitco News on Facebook: http://facebook.com/kitconews --- Kitco News on Google+: http://google.com/+kitco--- Kitco News on StockTwits: http://stocktwits.com/kitconews

Recent News

Strong revenue growth continues while costs ease

March 10, 2025 / www.canadianminingreport.com

Gold stocks back near highs

March 10, 2025 / www.canadianminingreport.com

Budgets shift to later phases and larger companies

March 03, 2025 / www.canadianminingreport.com

Gold stocks decline on metal and equities drop

March 03, 2025 / www.canadianminingreport.com

TSXV Mining's gold-driven outperformance

February 24, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok