Gold miners flash the cash in biggest deal binge in a decade

Gold miners look set to extend a deal spree after notching transactions worth a record $30.5-billion this year, according to data, the biggest M&A binge since bullion prices peaked nearly a decade ago.

Led by top producers Newmont Goldcorp and Barrick Gold, miners are bulking up to replace dwindling reserves and win back investors who in recent years shunned the sector because of disappointing returns.