Is Aussie M&A Set To Rise?

Northern Star Resources and Saracen Mineral Holdings’ announcement of a $16 billion merger has brought anticipation for the rise of a new top 10 global gold producer, with signs there may be more mergers and acquisitions (M&A) in the gold sector.

In early 2020, Kalgoorlie Consolidated Gold Mines (KCGM) in the Goldfields region of Western Australia became part of a joint venture between Northern Star Resources and Saracen Mineral Holdings.

This was the first time in KCGM’s 30-year history that it was brought under 100 per cent Australian ownership.

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