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$8billion worth of mining assets become target of mergers and acquisitions

04 Feb 2014
The world’s mining assets are may be the target of mergers and acquisitions as some of the biggest names in the industry are keen to buy assets.

An $8 billion pool of private-equity money that has lain dormant has been stirred by valuations and predictions of a strong demand for raw materials.

This news comes as 8000 executives and analysts visit Cape Town this week for the annual Mining Indaba conference.