CIMIC Group has closed 2020 by completing the sale of a 50 per cent interest in Thiess to Elliott Advisors, with chairman Juan Santamaria saying the deal does not downplay the mining services company’s importance to the business.
Sandvik is set to acquire global mining solutions provider DSI Underground for €943 million ($1.5 billion).
Global railway maintenance leader Loram Maintenance of Way is pleased to announce that its wholly-owned subsidiary Georgetown Rail Equipment Company (GREX) will start doing business as Loram Technologies.
MACA will proceed with an acquisition of Downer EDI’s surface contract mining business, Mining West, for $175 million, taking over $1.1 billion worth of contracts.
IGO has doubled down on its clean energy metals strategy by revealing plans to purchase a 49 per cent stake in Tianqi Lithium Energy Australia for $1.9 billion.
MACA has confirmed it is an interested buyer of Downer EDI’s Western mining services division.
Calidus Resources has expanded its production hub at the Warrawoona gold project in Western Australia by securing a farm-in agreement for an exploration tenement adjacent to the site.
Ghana-based Engineers & Planners Company has joined the takeover tussle between Nordgold and Shandong Gold for Cardinal Resources.
Nickel Mines is set to expand its foothold in Indonesia by acquiring an interest in the Angel Nickel development project for a total consideration of $US490 million ($671.6 million).
Aeris Resources is set to offload its Yandan gold exploration project in Queensland to GBM Resources, with the sale expected to be finalised this year.
OZ Minerals has completed a $76 million acquisition of Cassini Resources, giving the company full ownership of the West Musgrave nickel-copper project in Western Australia.
Cassini Resources shareholders have approved OZ Minerals’ bid to acquire the company three months after the deal was announced.
CR (formerly CQMS Razer) has been a key global supplier into the surface mining market for more than 40 years. With an acquisition of Keech Underground Ground Engagement Tools (UGET), CR is diversifying into underground mining.
Regis Resources is set to acquire tenements that form part of Stone Resources Australia’s North Brightstar project in Western Australia.
St Barbara is set to acquire Moose River Resources to take ownership of the Touquoy gold mine in Nova Scotia, Canada.
Shandong Gold Mining has raised its takeover offer for Cardinal Resources following a competing proposal from the target’s largest shareholder, Nordgold.
Cardinal Resources has become the focus of a takeover battle between United Kingdom-based Nordgold and China’s Shandong Gold Mining.
Aeris Resources has committed $13 million for exploration at the Cracow gold mine in Queensland over the next two years after completing a takeover of the mine.
Meteoric Resources plans to acquire the Palm Springs gold project in the Kimberley region of Western Australia.
New Century Resources is set to acquire Vale’s Goro nickel-cobalt mine in New Caledonia, a move that is supported by substantial shareholder IGO.