Mining M&A: Why Bigger Is Not Better - CEO

By Kitco News / March 02, 2019 / www.kitco.com / Article Link

Mar 03, 2019 Guest(s): Sean Boyd CEO, Agnico Eagle

A bigger company doesn't always return the most value to shareholders, and mega mergers are just "competitive jockeying," said Sean Boyd, CEO of Agnico Eagle.
"It's all about competitive jockeying, that's the way we see it. The top five gold companies by market cap, we're number four - the other four have all talked to each in some form or fashion about putting their businesses together and we think it's just competitive jockeying," Boyd told Kitco News on the sidelines of the PDAC 2019.

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