Archives: Mining mergers and acquisitions

RPMGlobal (RPM) will bolster its in-house Environmental, Social and Governance (ESG) capabilities after entering into an agreement to acquire Perth-headquartered environmental consultancy services firm, Blueprint Environmental Strategies. The acquisition of Blueprint is in line with RPM’s strategy to grow its mining-focused ESG division to address an increasing demand from the mining industry for ESG related[…]

RPMGlobal believes it has the specialists to make the type of environmental, social and governance (ESG) projections the mining industry is after, having recently acquired Nitro Solutions and established a dedicated division for this market area. This transaction has provided RPMGlobal with a differentiated offering in the ESG consulting space, according to Ngaire Tranter, Founder[…]

ioneer Ltd has announce that it has reached an agreement to establish a joint venture with Sibanye-Stillwater Ltd to develop the flagship Rhyolite Ridge lithium-boron open pit mining project located in Nevada, US. Under the terms of the agreement, Sibanye-Stillwater will contribute $490 million for a 50% interest in the Joint Venture, with ioneer to[…]

Bentley Systems’ Seequent business unit has acquired Canadian software company Minalytix, the developer of MX Deposit. The acquisition, which comes only a month after Seequent’s purchase of Imago Inc, a developer of cloud-based software for the capture and management of geoscientific imagery, extends Seequent’s cloud capabilities and solutions for mining, including greenfield exploration, resource development[…]

Epiroc has agreed to acquire the business and assets of FVT Research Inc, a Canadian company with expertise in converting diesel-powered mining machines to battery-electric vehicles. FVT Research, based in Vancouver, Canada, designs diesel-to-battery conversion kits and rebuilds mining machines to electric versions. The company has also recently been part of a successful project to[…]

Mastermyne has accelerated its hard-rock mining strategy with an agreement to acquire PYBAR Mining Services in a cash and share deal that comes with an expected equity purchase price of A$47 million ($35 million). The acquisition for PYBAR Holdings, owner of PYBAR Mining Services, will see Mastermyne, a metallurgical coal-focused contractor, exposed to PYBAR’s gold,[…]

The subtleties behind FLSmidth’s acquisition of thyssenkrupp’s mining business appear to have got lost within the financial community. The company’s Denmark-listed shares, since announcing the transaction in late July, lost 16% of their value to August 20. This downward move is hardly surprising when focusing on pure financials: FLSmidth is looking to acquire a company[…]

Ritchie Bros and Euro Auctions have entered into an agreement under which Ritchie Bros will acquire Euro Auctions group for an enterprise value of £775 million ($1.08 billion). Founded in 1998, Euro Auctions conducts unreserved heavy equipment auctions with on-site and online bidding under the brands Euro Auctions and Yoder & Frey, with 200-plus employees[…]

Sandvik, following the acquisition of ground support and reinforcement specialist, DSI Underground, has taken the opportunity to acquire the joint venture partners’ share of the Rocbolt Technologies JVs DSI was previously engaged in within China, South Africa and Mongolia. While the company now holds 100% of Rocbolt Technologies in these regions following the transactions with[…]

The first build own operate (BOO) contract initiatives, and the first major engineering, procurement, site support and commissioning contract in West Africa are some of the highlights from Primero Group’s latest contract awards. The company, acquired by NRW Holdings earlier this year, has recently been awarded new contracts totalling circa-A$155 million ($114 million) with key[…]