Mining M&A Has Nowhere To Go But Up? [Chart]

CEO • Apr 18, 2015 at 7:03 PM EDT

This week, Alamos Gold and AuRico announced a merger worth $1.5 billion. This is all while broad speculation continues that Mick Davis is looking to finally deploy his $5.6 billion war chest held by his company, X2 Resources.

This week, Alamos Gold (AGI) and AuRico (AUQ) announced a merger worth $1.5 billion. This is all while broad speculation continues that former Xstrata (XSRAF) boss Mick Davis is looking to finally deploy his $5.6 billion war chest held by his company, X2 Resources.