According to The Australian Financial Review, the Australian gold sector is in great shape in comparison to its global peers because money talks, according to Evolution Mining boss Jake Klein.
Mr Klein said the Australian sector was making money and doing a better job of delivering value to shareholders than some overseas peers, and that was creating opportunities to acquire assets in North America.
Evolution and other ASX-listed gold producers are now waiting for the dust to settle on Barrick Gold's decision to shelve a hostile $US18 billion ($25.4 billion) bid for Newmont Mining.
Barrick boss Mark Bristow had made it clear he intended to sell off Newmont assets in Australia if the takeover went ahead, but instead the world's two biggest gold miners have agreed to form a joint venture in Nevada.
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