Thursday, 7 February 2013

Mining M&A - Hudbay seeking $400m of Acquisitions

An interesting discussion by Hudbay on their outlook and approach to mergers and acquisitions. Looking to add value to projects.
“We’re looking at a lot of things and I’m hoping that we can tuck something in this year,” Garofalo, 47, said in an interview at Bloomberg’s office in Toronto, where HudBay is based. “We’ve never been busier looking at opportunities.”
“I wouldn’t be surprised if you look down at the junior producer level to see some of those junior producers trying to consolidate to create a bit of critical mass and try to fill that void,” Garofalo said. “I think that will happen.” 


No comments:

Post a Comment