Oz Minerals will look to consolidate its Brazilian copper and gold assets through its strategy of operating multiple small and mid-sized mines in each of the Carajás and Gurupi provinces.
Sandfire Resources has launched a second acquisition attempt for MOD Resources, this time with a bid that gives the target a $167 million value.
Komatsu plans to acquire technology company Immersive Technologies, the world’s largest supplier of surface and underground equipment simulators.
Auroch Minerals is set to bolster its presence in Western Australia through a planned acquisition of Minotaur Exploration’s Saints and Leinster nickel projects.
Barrick Gold plans to acquire the remaining Acacia Mining shares it doesn’t own in a buyout offer to douse a long stand-off with the Tanzanian Government.
NRW Holdings has denied media speculation that it has been in advanced talks to acquire BGC Contracting.
Metminco will merge with unlisted company Andes Resources to create a leading Colombian gold explorer and developer with one of the largest portfolios of gold-copper exploration assets in the Cauca Valley.
St Barbara has moved a step closer to its successful acquisition of Atlantic Gold, announcing the completion of the institutional component of its underwritten entitlement offer.
Logistics specialist Qube Holdings is expanding its reach into mining and oil and gas with the purchase of services provider LCR Group.
Hancock Prospecting has increased its takeover offer for Riversdale Resources, taking its proposed buyout to over $645 million, provided it owns more than 85 per cent of the target company.
WorleyParsons has acquired Jacobs Engineering’s energy, chemicals and resources division in a $US3.2 billion ($4.55 billion) deal.
Aeris Resources could acquire Glencore’s CSA copper mine in Cobar, New South Wales, for a combined value of $US625 million ($878 million).
Australia hit a new record in mergers and acquisitions (M&A) not seen since 2015 last year, totalling $164.1 billion in deals, with energy mining and utilities topping the target sectors.
Tawana Resources has agreed to proceed with its 100 per cent acquisition by Alliance Mineral Assets, following fears that the merged company might not be able to trade on the ASX.
Ramelius Resources has sweetened its takeover offer for Explaurum by an additional 5 cents cash for each of the target’s share.
Epiroc continues with its string of acquisitions with the takeover of Innovative Mining Products in Johannesburg in South Africa for an undisclosed amount.
Ausdrill has completed the acquisition of underground hard rock contractor Barminco, creating the second largest Australian mining services company by revenue.
WorleyParsons is set to acquire Jacobs Engineering Group’s energy, chemicals and resources (ECR) division for $US3.3 billion ($4.65 billion).
Pure Minerals may develop a new ore processing plant in Townsville, Queensland following its acquisition of emerging nickel-cobalt company Queensland Pacific Metals (QPM).
Novo Resources is to secure 100 per cent of Farno-McMahon (Farno) and enter a farm-in to earn the right to up to 70 per cent of the Kangan gold project in separate deals with Farno and Pioneer Resources.