Archives: Mining mergers and acquisitions

ROXON has launched its entire range of materials handling solutions into the Australian market as it looks to expand its reach beyond the Europe, Middle East and Asia markets that it has become familiar with. The entry into the Australian market comes on the back of the recent acquisition of ROXON by Australian engineering, mining[…]

De.mem says it has signed a binding agreement to acquire 75% of the shares in Geutec Umwelt- und Abwassertechnik GmbH, an industrial wastewater treatment company based in Essen, Germany. The A$915,000 ($620,140) cash deal provides a platform for De.mem to roll-out its membrane technologies into the German and European industrial wastewater treatment markets Geutec currently[…]

Canada Cobalt Works has widened its processing options for both its Castle and Beaver projects, in the Cobalt Camp of northern Ontario, Canada, with the acquisition of a permitted and operating mineral and precious metal processing facility. The company has signed a letter of intent to acquire the assets of PolyMet Resources Inc, owner of[…]

Major Drilling Group has entered into an agreement to acquire Norex Drilling, a family-owned drilling company and leading exploration drilling contractor based in Timmins, Ontario, Canada. The purchase price for the acquisition is valued at an amount up to C$19.7 million ($14.8 million), consisiting of cash and shares. Denis Larocque, President & CEO of Major[…]

The planned combination of Metso and Outotec has received approval from the Finnish Financial Supervisory Authority, the two companies have reported. The approval is tied to the Finnish language demerger prospectus relating to the combination of Outotec and Metso. Outotec and Metso announced on July 4, that the boards of directors of Outotec and Metso[…]

Seequent has announced the acquisition of GEOSLOPE, a Canada-based company famed for its integrated, geotechnical analysis software. The New Zealand-headquartered leader in the development of geoscience analysis, modelling, and collaborative technologies says the addition of GEOSLOPE will offer additional innovative geoscience technology solutions to its customers. Seequent has been busy on the business development front[…]

JL Richards & Associates (JLR) says it has acquired Timmins, Ontario-based engineering firm Porcupine Engineering Services, bolstering its service offering to clients in the mining, industrial, forestry, and energy sectors in northern Ontario and beyond. PES is a multidisciplinary engineering firm with specialised expertise in brownfield mining, according to JLR. “Founded in 2004 by partners[…]

Metso says it has completed the acquisition of McCloskey International, a Canadian mobile crushing and screening equipment manufacturer with market share in the aggregates sector, as well as customers in the frac sand and industrial minerals segments. The deal was announced back in June, with Metso, at that time, saying the acquisition would allow the[…]

As mining companies around the world seek the best ways to approach their sustainability goals, electrification has emerged as one of the most promising solutions. With this in mind, Sandvik Mining and Rock Technology recently acquired California-based Artisan Vehicle Systems, a leading manufacturer of battery-electric underground vehicles. Recent studies show that the electrification of a[…]

Kumera Corporation has added to its base metals process equipment, metal foundry and mechanical power transmission offering with the acquisition of industrial and marine gearbox manufacturer CuW Keller. The Germany-based company produces, among other products, conveyor and bucket wheel drives, slewing drives, bucket excavator and crawler drives, and rotary drives for the open-pit mining sector.[…]