For the last two years it has been a commonly held assumption...

For the last two years it has been a commonly held assumption that the Australian junior gold sector is ripe for consolidation, particularly in its spiritual home of Western Australia's Eastern Goldfields.
Like any mature mining district, the Eastern Goldfields is home to a proliferation of old mills, old mines and old infrastructure, abandoned, forgotten or ignored following previous waves of mergers and acquisitions. The last of
those waves took place at the end of the 1990s, when the entrance of South African and Canadian gold mining companies into the region led to the contraction of the
indigenous mid-tier gold sector..........
(continued)
6 page COVER STORY in latest Gold Mining Journal

http://paydirt.com.au/gold_mining_journal.4.html