Jeff Swinoga: Wait for It — More Gold M&A is Coming

Gold market participants have been waiting for a wave of consolidation to hit the space since Barrick Gold and Randgold Resources announced plans to merge a year ago.

But while some tie ups have occurred, overall M&A activity has been more subdued than expected.

Speaking at the Denver Gold Forum, Jeff Swinoga, EY's national mining co-leader for Canada, said there are a number of reasons why there hasn't been more of it yet.