(Kitco News) – Consolidation in the mining industry is accelerating, but not every deal is winning investor support, said David Erfle, founder of JuniorMinerJunky. Speaking with Kitco Mining’s Digging Deep, Erfle warned that Coeur Mining’s planned US$7 billion all-share acquisition of New Gold, which would create a US$20 billion North American precious metals company, raises red flags for shareholders.
