M&A deal reshuffles the senior gold mining sector

Yamana Gold is set to be acquired by Pan American Silver and Agnico Eagle Mines after Gold Fields dropped out of the bidding. Kitco correspondent Paul Harris, Soar Finanicial CEO Kai Hoffmann and guest Sam Ash, CEO of Bunker Hill Mining, discussed the week's mining and metal news on Kitco Roundtable.  This week Yamana Gold said it preferred a deal offered by Pan American Silver and Agnico Eagle Mines over a Gold Fields deal, which was announced in the spring. The competing bid from Agnico Eagle-Pan American was announced last week.Gold Fields said it did not want to be drawn into a bidding war.