M&A

The portal at Excellon Resources’ Platosa silver-lead-zinc mine in Mexico. Credit: Excellon Resources.

Excellon to acquire Otis in all-share deal

Silver producer Excellon Resources (TSX: EXN) has announced plans to acquire developer Otis Gold (TSXV: OOO) in an all-share deal worth an estimated $32.3 million, based on recent closing stock prices. Excellon’s main…



A loader at work at Goldcorp's Penasquito gold mine. Credit: Goldcorp.

Will Canadian miners 
rise again?

The flurry of M&A transactions last year brought a much-awaited consolidation of the global gold sector. It also brought significant changes to the Canadian mining landscape: Newmont’s (NYSE: NEM) takeover…



Leagold’s Los Filos gold mine in Guerrero state, 230 km south of Mexico City. Credit: Leagold Mining.

Equinox-Leagold merger creates US$1.75B gold miner

Equinox Gold (TSX: EQX) and Leagold Mining (TSX: LMC) said on Wednesday that shareholders of both companies have approved their merger, creating an America-focused gold miner with a market capitalization…



Trucks at Centamin's Sukari Mine. Source: Centamin

Endeavour Mining ends takeover talks with Centamin

Endeavour Mining (TSX: EDV) has walked away from a potential 1.47 billion lb. (US$1.9-billion) acquisition of Centamin (TSX: CEE; LON: CEY), citing lack of information on the targeted company’s assets….


M&A will continue in 2020, Dorsey & Whitney says

Nora Pincus, a partner at the international law firm Dorsey & Whitney, forecaststhat the significant volume of mergers and acquisitions (M&A) activity in the metals and mining space in 2019…


Material from DRDGOLD’s surface tailings deposits on the central and western Witwatersrand is fed to the Ergo plant (pictured here) via an extensive pipeline network. (Image courtesy of DRDGOLD.)

Sibanye-Stillwater becomes DRDGOLD’s majority owner

South Africa’s Sibanye-Stillwater (NYSE: SBGL) has exercised an option to acquire an additional 12% interest in DRDGOLD (NYSE: DRD), bringing the total stake in the gold tailings retreatment company to…





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