Industrial minerals and construction materials company Afrimat on July 22 announced its firm intention to acquire Unicorn Capital Partners (UCP). UCP’s business comprises of mobile crane hire, exploration drilling services, drilling and blasting, openc…
Afrimat continues pursuit of UCP Read More »
Uncertain times caused by economic downturns or natural disasters often cause companies to go into financial turmoil, which presents a key opportunity for better-endowed firms to acquire other businesses at a lower cost than normal; however, this calls…
CMS warns to not be hasty to push through M&A deals amid Covid-19 crisis Read More »
ASX-listed coal miner TerraCom on Monday offered to buy fellow-listed Universal Coal in a deal valuing the South Africa-focused coal producer at about A$175-million.
TerraCom, which in December acquired a 19.9% stake in Universal Coal, is offering sha…
TerraCom makes a go for Universal Coal Read More »
Merger and acquisition (M&A) activity in the gold mining sector is expected to continue into 2020 amid increasing consolidation and risk-sharing trends, a new report by Fitch Solutions Macro Research indicates. Building on the major deals announced…
Gold miners expected to continue M&A spree in 2020 Read More »
The value of global metal and mining industry merger and acquisition (M&A) deals in the third quarter reached nearly $7-billion, data analytics and consulting company GlobalData has found.
This was a 48.2% increase compared with the second quarte…
Mining, metals merger activity total $7bn in third quarter Read More »
TSX-listed Barrick Gold and London-listed Acacia Mining on Friday announced that the High Court of Justice in England had sanctioned a scheme under Section 899 of the Companies Act 2006, enabling Barrick to acquire all outstanding issued share capital …
England court sanctions Barrick, Acacia merger Read More »
ASX-listed Middle Island Resources (MDI) has extended the offer period for its off-market takeover offer to acquire 100% of fellow-listed Alto Metals to August 2.
MDI first announced its intention to acquire all the Alto shares that it did not own on…
Middle Island extends Alto takeover offer period to August Read More »
Precious metals miner Sibanye-Stillwater’s shareholders have voted in favour of the company’s acquisition of platinum miner Lonmin. The company’s shares rose by 2.48% on Tuesday morning after announcing that 99.65% of shareholders in attendance at a ge…
Sibanye shareholders vote in favour of Lonmin takeover Read More »
TSX-V-listed Orefinders Resources has acquired 11.8-milllion shares, or 31%, of Mistango River Resources from Osisko Gold Royalties.
In exchange, Orefinders issued five-million of its shares to Osisko.
Orefinders acquires 31% of Mistango River Resources Read More »
The Mergence Group has acquired a controlling stake in Cadiz Corporate Solutions, with the team rebranded under the name Mergence Corporate Solutions (MCS), with a presence in Johannesburg and Cape Town.
MCS MD Robbie Gonsalves will continue to lead …
Mergence, Cadiz merger broadens capabilities Read More »
