The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

File photo of a Barrick Gold mining operation.
File photo of a Barrick Gold mining operation.
(Ricardo Rojas/Reuters)

Canadian miners prowling for bargain-priced assets

A handful of Canadian miners are on the prowl for cheap assets after a horrific year in which low metal prices left companies vulnerable to takeovers.

The mining industry spent 2013 slashing costs and suspended mineral exploration and acquisitions to conserve cash.

Now many mining stocks have lost more than half their value because of the downturn in commodity prices.