FLORIDA (Commodity Online): Mergers and acquisitions will be the key theme for metals and mining industry on the back of strong profits recorded this year, according to David Haughton, Co-Head Mining Research, BMO Capital Markets.

"Given current metal prices, mining companies are enjoying high margins with strong cash flows," said Tony Robson, Co-Head Mining Research, BMO Capital Markets against the backdrop of the 20th Annual BMO Capital Markets (BMO Capital Markets (NYSE:BMO) (TSX: BMO) Global Metals & Mining Conference. A record number of people are attending the event, considered one of the largest events in the world for metals and mining investors.

"This is the 20th anniversary of BMO's Metals and Mining Conference," said Tom Milroy, Chief Executive Officer, BMO Capital Markets. "Its success and longevity are a testament to the caliber of our global Metals and Mining team, who host distinctive events such as this to help our clients better understand the forces that shape the industry.

We first held this event in 1991 in Whistler, B.C. with just a handful of companies. Today, it has grown to become the pre-eminent industry event. This year, investors will have an opportunity to meet executives from over 275 leading mining companies from 31 countries around the world. This is a truly outstanding turnout," added Milroy.

Some of the companies participating in the event include:

-Anglo American (AAL)
-Barrick Gold. (ABX)
-BHP Billiton (BLT)
-Freeport-McMoRan Copper & Gold (FCX)
-Goldcorp (GG)
-Kinross Gold (KGC)
-Newmont Mining (NEM)
-Rio Tinto (RIO) (Courtesy: IndiaPRWire)

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