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Junior mining mergers and acquisitions are most active following the feasibility stage, according to newly shared data.
Willem Middelkoop highlighted that 42 percent of junior mining M&A transactions occur post-feasibility, while 33 percent take place after resource definition. The data, sourced from BMO, also shows 14 percent happen after pre-feasibility, 6 percent after scoping, and another 6 percent post-construction.