Archives: Mining mergers and acquisitions

LKAB has announced that it will, after approval by the Swedish Competition Authority, acquire 75% of the shares in Bergteamet AB – a leading supplier of mining services including tunnelling, contract mining, raiseboring, equipment overhaul and shaft development. “As part of LKAB’s mining strategy at great depths in our underground mines, we see a great[…]

RPMGlobal is set to boost its environmental, social and governance (ESG) offering with the addition of Australia-headquartered Nitro Solutions Pty Ltd. The two companies have entered into an acquisition agreement whereby RPMGlobal will buy the privately-owned ESG services company. “Nitro is a company that provides the mining industry with a quality-focused ESG service in the[…]

North American Construction Group has entered into a definitive agreement to acquire Australia-based DGI Trading Pty Ltd for an estimated purchase price of $23.5 million. DGI, based in Kempsey, New South Wales, supplies production-critical components to the mining industry through business relationships and a complex logistical network, NACG explained. With partners in over 10 key[…]

MICROMINE says it has taken its first step on the acquisition trail, signing a deal to purchase Queensland, Australia-based technology company Precision Mining. The arrangement will give MICROMINE full ownership of Precision Mining, which is best known for its flagship mine scheduling software, Spry. The acquisition is the first in almost two decades for MICROMINE,[…]

Epiroc has announced its second acquisition in two weeks, adding 3D-P, a Canada-based company that provides wireless connectivity solutions for surface mining, to its expanding portfolio. 3D-P, based in Calgary, provides reliable wireless connectivity solutions for mining companies within surface mining. As Epiroc explains, a robust wireless network is crucial to enable mining automation, including[…]

Epiroc has agreed to acquire Kinetic Logging Services Pty Ltd, an Australia-based company that provides mining companies with geophysical logging services. Based in Perth, Kinetic Logging Services provides mining technology measurement services to build improved geological models to help mining companies increase productivity, Epiroc says. The company’s flagship product is OreSight, a solution that provides[…]

On April 26, a ceremony was held for the completion of JCHX’s acquisition of ERG’s copper asset in DRC which the Chinese mining engineering and contracting major says marks a major milestone in its strategy to become more directly involved in resource development. ERG is a diversified Luxembourg-based natural resources group focusing on mining, processing,[…]

Ukraine’s state-owned United Mining and Chemical Company (UMCC) is the first object of a large-scale privatisation program in Ukraine that will see the mineral sands mining major be auctioned off this summer with a starting price of UAH3.7 billion ($135 million). UMCC is the largest miner of ilmenite and the only miner of rutile and[…]

Anglo American has agreed to demerge its thermal coal operations in South Africa to a new holding company called Thungela Resources Limited. The separation deal, which is subject to the approval of Anglo American’s shareholders on May 5, 2021, will be implemented through the transfer of Anglo’s South Africa thermal coal operations to Thungela, the[…]

Metso Outotec has completed the divestment of its aluminium business to REEL International, headquartered in France. The divestment to REEL was announced on December 28, with the divested business comprising equipment and plant solutions to green anode plants, anode rodshops, and casthouses used in aluminium smelters, as well as the related services. Metso Outotec will[…]