Gold mining CEO addresses recent industry mergers: 'I think they're on the right track'

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Jim Cramer gets Kirkland Lake Gold President and CEO Tony Makuch's take on recent, high-profile deals in the gold market.

 

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Newmont’s $28 bln gold merger is an alloyed goodThe U.S. gold miner is swallowing Canada’s Goldcorp in an all-share deal. Rivals Barrick and Randgold already bulked up in a similar deal, and the 17 pct premium is slim. Yet Newmont is handing over most of the benefits, and even those might be hard to extract.
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