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RBC says price builds gold M&A case

Gold staying above US$1,250/oz could trigger M&A, says bank equities team

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RBC says price builds gold M&A case

Analysis by RBC’s Sam Crittendon, Stephen Walker, Dan Rollins and Wayne Lam suggests the majority of proposed projects need gold to be above $1,250/oz to generate the after-tax internal rate of return...

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