Archives: Mining mergers and acquisitions

MACA Ltd has completed the acquisition of the Mining West business from Downer EDI Ltd, bringing with it four contracts at long-life mining assets in Western Australia. The Mining West business currently comprises four contracts at Karara (Ansteel), Eliwana (Fortescue Metals Group), Cape Preston (Citic Pacific) and Gruyere (Gold Fields, Gold Road Resources), with each[…]

Flexco and MLT Minet Lacing Technology have signed an agreement in which Flexco will be the exclusive source for MLT products in the US, Canada and Mexico. As part of the agreement, MLT will continue to manufacture the products for North America as Flexco integrates MLT’s North America business into its organisation. MLT will continue[…]

MBU Capital says it has completed the aquisition of the Ben’s Creek Carbon mine, in West Virginia, USA, and has plans to extract the estimated 22 Mt of metallurgical coal reserves through highwall mining. Set over approximately 4,047 ha in Wharncliffe, West Virginia, the mine is serviced by an 8-km dedicated railway loadout, which gives[…]

Centric Mining Systems has been acquired by Datamine, the wholly owned subsidiary of Vela Software, an operating group of Constellation Software. Centric Mining Systems will remain as an independent business under the Datamine umbrella and retain the Centric brand. Centric stated: “We will continue to work closely with our customers maintaining the consistent high levels[…]

Inspire Resources and MineRP have signed a Memorandum of Understanding to work together on creating new digital tools for each others platforms. The agreement is expected to lead to the development of tools for both the Mineral Impulse™ business model and the MineRP platform. Inspire Resources is a Canada-based corporation formed in 2019 to implement[…]

Tacora Resources Inc, the operator of the 6 Mt/y Scully iron ore mine in in Wabush, Newfoundland and Labrador, Canada recently announced that it has completed the acquisition of Sydvaranger Mining AS and its subsidiaries, an iron ore mine and processing plant located in Sør-Varanger, Norway. The acquisition of Sydvaranger provides Tacora with a 4[…]

FLSmidth today announces that it is in negotiations with thyssenkrupp concerning an acquisition of thyssenkrupp’s mining business – this would be the biggest deal in mining technology since Metso merged with Outotec. The negotiations, however, are at a non-binding stage. The statement said: “Accordingly, there can be no assurances as to whether and when a[…]

Saracen Mineral Holdings Lt has announced today that the requisite majorities of its shareholders today voted overwhelmingly in favour of the proposed scheme of arrangement under which Northern Star Resources will acquire all the shares in Saracen. The deal means that Kalgoorlie Consolidated Gold mines (KCGM) will change from being a Saracen/Northern Star JV to[…]

acQuire Technology Solutions has added an environmental and monitoring solution to its existing product suite with the acquisition of EnviroSys from SRA Information Technology Pty Ltd. EnviroSys is an environmental compliance management and monitoring software product used by mining, government, water and energy companies. It is a flexible, comprehensive and accessible product enabling customers to[…]

Wajax has entered into a definitive agreement to acquire all of the issued and outstanding shares of Calgary, Alberta-based Tundra Process Solutions in a cash and shares deal worth C$99.1 million ($78.2 million). The transaction is expected to close early in the March quarter and is subject to customary closing conditions, Wajax said. Founded in[…]