"Turkey is still relatively new to mining but there are a lot of reserves and after the privatization drive, the industry grew rapidly. However, we still do not have a high enough level of exploration and there are social and environmental problems, which means it is difficult to get permits."
Latam North and Caribbean Mining 2025 - Digital Interactive
A convergence of high-commodity prices and low valuations, on the back of a structural deficit in exploration and discoveries, has set the perfect scene for increased M&A. The leverage is particularly high for acquisitions in Latam North and the Caribbean, where stocks do not command the high premiums of tier-one jurisdictions. But M&A is only a quick fix to the global resource replenishment crisis.