Perseus: Active gold mine acquisitions, but valuation discrepancies make transactions difficult
智通财经2026/10/07 09:38Craig Jones, CEO of Perseus, stated that merger and acquisition activities are quite active throughout the gold industry. However, due to gold price fluctuations making it difficult for companies to agree on valuations, transactions are still expected to be challenging to complete. Later on Tuesday, Jones said there is a lot of activity, but not necessarily many deals that can be completed.
- Perseus CEO Craig Jones stated that mergers and acquisitions activity across the gold industry is quite active, but due to price fluctuations making it difficult for companies to agree on valuations, deals are still expected to be hard to conclude.
- Jones said later on Tuesday that while there is a lot of activity, not many deals are likely to be completed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Strong demand for $39 billions 10-year US Treasury auction, winning yield at 5.3%
After a strong demand from investors for the sale of $39 billion 10-year U.S. Treasury bonds, U.S. Treasury yields further retreated from their intraday highs. The 10-year U.S. Treasury bonds were awarded at a yield of 5.3%, lower than pre-auction expectations among traders. Bank of Montreal stated that the allocation ratio for bond dealers—who are required to participate in Treasury auctions—was unusually low this time, indicating very strong demand from other types of investors. U.S. Treasury yields had risen sharply before the U.S. market opened, but as oil prices fell, most of the gains were erased.
The EU is reportedly required to await IEA confirmation that energy security will not be compromised before releasing reserves.
According to Politico: Three diplomats familiar with the matter stated that the European Union will only proceed with further releases of oil and diesel reserves if the International Energy Agency (IEA) explicitly confirms that such actions will not compromise the EU’s energy security.
The yield on the 10-year U.S. Treasury auction reaches 5.3%, hitting its highest level since November 2000.
The yield on the 10-year U.S. Treasury bond auction is 5.3%, reaching its highest level since November 2000.
Crypto prices
More
