Sean Boyd, Agnico-Eagle (TSE:AEM) (NYSE:AEM) vice chairman and CEO, said in a recent interview that the challenge for gold miners going forward is going to be growth, and it seems that it will come primarily from mergers and acquisitions, rather than organically.
Other trends seen by Boyd is the continuation of the current trend of searching for gold deposits which include a significant amount of other metals.
Even so, management will have to be careful not to give the impression of abandoning gold, so will have to keep that as their mainstay while generating revenue from other resources.
Boyd also believes that gold mining stocks will catch up and surpass gold itself in performance, as investors recognize they're increasingly able to increase earnings per share via cash flow.
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