Australia’s gold industry is anticipating a surge in mergers and acquisitions (M&A) activity, driven by record-high gold prices and a slowdown in exploration. Larger mining companies are expected to target smaller producers and explorers as a means of expanding their reserves, given the challenges and costs associated with new exploration efforts. This trend has become a major topic of discussion at the Diggers & Dealers Mining Forum, with industry experts noting that favorable market conditions, strong commodity prices, and shareholder support are creating an ideal environment for deal-making. The sector has already witnessed its largest-ever takeover with Newmont Corp.’s acquisition of Newcrest Mining Ltd., and many believe this could be the beginning of a broader M&A wave in the Australian gold mining industry.