{"id":8626,"date":"2012-03-07T02:56:53","date_gmt":"2012-03-07T00:56:53","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/pdac-africa-emerges-as-new-frontier-for-gold-ma\/"},"modified":"2012-03-07T02:56:53","modified_gmt":"2012-03-07T00:56:53","slug":"pdac-africa-emerges-as-new-frontier-for-gold-ma","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/pdac-africa-emerges-as-new-frontier-for-gold-ma\/","title":{"rendered":"PDAC-Africa emerges as new frontier for gold M&amp;A"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Africa MA expected to accelerate this year -report<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* More investor-friendly climate encourages trend<\/p>\n<p><span><\/span><\/p>\n<p>* Small developers still dominate in the continent<\/p>\n<p><span><\/span><\/p>\n<p>By Cameron French<\/p>\n<p><span><\/span><\/p>\n<p>TORONTO, March 6 (Reuters) &#8211; At the massive<br \/>\nProspectors and Developers convention, it&#8217;s not hard to find a<br \/>\ntable full of mining executives huddled in conversation, their<br \/>\nvoices muffled by the din of thousands of participants at the<br \/>\nevent.<\/p>\n<p><span><\/span><\/p>\n<p>With gold prices steady above $1,650 an ounce and a growing<br \/>\nnumber of juniors producing in Africa, it is increasingly likely<br \/>\nthat those discussions might be about acquisitions in places<br \/>\nlike Burkina Faso or Ivory Coast.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Africa&#8217;s become &#8230; a really significant place for new<br \/>\nbusiness, like the new frontier,&#8221; said Peter Leon, head of the<br \/>\nAfrica mining and projects practice at Webber Wentzel, a<br \/>\nJohannesburg law firm.<\/p>\n<p><span><\/span><\/p>\n<p>In a report released just before this week&#8217;s PDAC conference<br \/>\nin Toronto &#8211; the world&#8217;s largest mining gathering &#8211;<br \/>\nPriceWaterhouseCoopers said it expects the continent to emerge<br \/>\nas one of the most important mining MA geographies of 2012 with<br \/>\n&#8220;substantial&#8221; acquisition volumes.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Unparalleled resource potential and an increasingly<br \/>\ninvestor-friendly climate are two of the drivers of this view,&#8221;<br \/>\nPwC global mining leader Tim Goldsmith said in the report, which<br \/>\ncalls for record global mining MA volumes in 2012.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Africa MA expected to accelerate this year -report * More investor-friendly climate encourages trend * Small developers still dominate in the continent By Cameron French TORONTO, March 6 (Reuters) &#8211; At the massive Prospectors and Developers convention, it&#8217;s not hard to find a table full of mining executives huddled in conversation, their voices muffled [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-8626","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=8626"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8626\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=8626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=8626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=8626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}