Category: M&A trends

‘Auspicious’ time for M&A, yet difficult to secure capital – mining survey

Original article by Henry Lazenby on Mining Weekly There is a clear indication that mergers and acquisitions (M&A) activity among smaller players in the mining sector will increase this year, while the majors will increase divestitures to focus on core commodities. This will, in turn, benefit some of the midtiers that are able to make ...

Osisko Gold Royalty stock soars as company signs ‘transformational’ $1.13B deal to buy U.S. assets

Montreal-based Osisko Gold Royalties Ltd. said it is more than doubling its precious metals portfolio with the $1.13 billion acquisition of diamond, gold and silver assets from U.S. private equity firm Orion Mine Finance Group. Osisko has been seeking out such a “transformational” acquisition since the company formed three years ago, said CEO Sean Roosen. ...

Orion Mine Finance Group sells off precious metals portfolio to Osisko Gold

A cash-cum-stock deal worth USD $840m has been struck between Orion Mine Finance Group and Osisko Gold, in which Canada-based Osisko will acquire Orion’s precious metals portfolio. Osisko will pay $334m worth of shares and $501m in cash to Orion’s stakeholders in exchange for the portfolio of 61 royalties, six streams and seven precious metal ...

Pacton Gold signs option agreement for mineral assets in Red Lake, Canada

Pacton Gold has signed an option agreement with Frontline Gold to acquire a 100% interest in three minteral assets in the Red Lake mining district of north-western Ontario. Pacton says that the area is home to some of the richest gold deposits in the world, producing over 25 million ounces from high-grade zones. The three ...

Liberty Silver announces plans to acquire Bunker Hill Mining Complex

Canada’s Liberty Silver has announced plans to acquire Placer Mining’s Bunker Hill Mining Complex in Kellogg, Idaho.

Adani pushes ahead with Carmichael mine deal despite public opposition

Indian mining giant Adani has today decided to go ahead with their deal with the Queensland government to invest $16.5 billion in the state’s Carmichael mining projects – despite strong public opposition.

South African mining firms ‘frozen out’ of Govt. consultation

The South African government is updating the country’s Mining Charter which is currently set to “dilute shareholders, raise costs and impose new levies to fund community development.”

South Africa’s Gold Fields maximises stake in Gold Road Resources

South Africa-based mining giant Gold Fields have increased their stake in Gold Road Resources to 10 per cent at a cost of $64.3 million.

Woodlawn zinc-copper project deal signed between Heron Resources and LDC Metals

An agreement has been signed this week under which LDC Metals will offtake the zinc, copper and lead concentrates produced from the Woodlawn zinc-copper project owned by Heron Resources in New South Wales.

Japan’s Sojitz to increase coking coal assets

The president of Japanese trading house Sojitz Corp, Yoji Sato, has announced plans to increase holdings of coking coal using funds from the planned sales of thermal coal assets.