Archives: Mining mergers and acquisitions

Major Drilling Group International Inc has announced a new partnership with downhole technology company DGI Geoscience Inc (DGI) and its affiliate company, artificial intelligence (AI)-powered core logging tech innovator, KORE GeoSystems Inc, that, it says, positions Major Drilling at the forefront of AI advancements in the drilling industry. The combination of Major Drilling’s fleet, skilled[…]

Metso says it has signed an agreement to acquire Jindex Pty Ltd, a privately owned Australian company specialising in valves and process flow control, boosting its capacity to provide more comprehensive slurry handling solutions for the mining industry. The company plans to combine its extensive experience and offering in slurry handling, hydrocyclones and mineral processing[…]

BASF has signed an agreement with Solenis, a global producer of specialty chemicals headquartered in Wilmington, Delaware, to sell BASF’s flocculants business for mining applications. The divestment of BASF’s flocculants business to Solenis is part of BASF’s portfolio optimisation, aiming to focus on core strategic areas. Pending approval by the relevant merger control authorities, the[…]

Flacks Group, the parent company of Pleuger Industries, has announced the acquisition of Artemyn, a division previously owned by Imerys SA, marking Flacks Group’s significant entry into the mining industry. Artemyn employs 1,000 people across 24 plants in the Americas, Asia and Europe. Notably, it owns the world’s largest kaolin operation with unique high-quality reserves[…]

Accenture has acquired True North Solutions, a provider of industrial engineering solutions headquartered in Calgary, Alberta, in a deal that provides it further exposure to the oil and gas and mining industries. True North Solutions expands Accenture’s expertise in operational technology (OT) in these sectors. OT is the hardware and software systems with which companies[…]

Tribe Technology says it has entered into a joint development agreement with IMDEX Ltd to develop future technology, including through integration of both parties’ unique services, offerings and experience IMDEX provides an integrated range of drilling optimisation products, cloud-connected rock knowledge sensors, and data and analytics to improve the process of identifying and extracting mineral[…]

PT Delta Dunia Makmur Tbk, through American Anthracite SPV I, LLC, a subsidiary under PT Bukit Makmur Internasional (BUMA International), has entered into a Stock Purchase Agreement (SPA) for strategic acquisition of Atlantic Carbon Group, Inc. (ACG), the second largest Ultra High Grade (UHG) anthracite producer in the US. The transaction is expected to complete[…]

TerraSource Global, a solutions provider under the brands Gundlach Crushers, Jeffrey Rader, Pennsylvania Crusher and Elgin Separation Solutions, has announced the acquisition of Peninsula Iron Works (PIW). PIW is a premier refurbisher, rebuilder and parts manufacturer for capital equipment and large assemblies across the mining, metal products/fabrication, steel recycling/making, building products and industrial equipment industries.[…]

Following its acquisition of the Schenck Process mining related business in November 2022, Sandvik has been working hard behind the scenes to bring its new offering and capabilities to market, with the OEM poised to complete the integration. In October last year, Sandvik reached a key milestone in the integration of Schenck Process Mining into[…]

CIMIC Group has entered into an agreement with funds advised by Elliott Advisors (UK) Ltd (Elliott) regarding the acquisition by CIMIC of an additional 10% equity interest in Thiess, a leading global mining services provider. The acquisition, for a purchase price of A$320 million ($210 million), increases CIMIC’s ownership of Thiess to 60%. CIMIC and[…]