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M&A in gold space is still a few quarters out – Adam Lundin

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Kitco News

(Kitco News) – The panel noted that the precious metal miners are filing some spectacular numbers with gold holding above $1,900 for most of the last quarter. This past week Barrick Gold (NYSE:GOLD) reported in its Q3 that it generated US$1.3 billion in free cash flow–a record high. Kinross Gold also reported that it was sitting on $1B in cash.

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