Australia’s gold miners build M&A war chests
Australia’s top gold producers have stockpiled billions of dollars in cash and bullion as record-high gold prices fuelled by geopolitical turmoil and central bank demand swell balance sheets across the…
Gold Road Resources
Gold Fields to buy Gold Road in $2.4B deal
Gruyere gold mine joint venture partners Gold Fields and Gold Road Resources reach agreement on a friendly deal to consolidate ownership.
Alkane to acquire Mandalay Resources in $358M deal
The merged company will operate under the Alkane Resources name and expects to produce 160,000 gold-equivalent ounces in 2025.
Northern Star nears final hurdle in De Grey takeover
Shareholders of De Grey Mining voted overwhelmingly in favour of a buy-out by Australia’s largest gold producer Northern Star Resources.
Consolidation in Western Australian gold sector to continue amid record prices
KALGOORLIE, WA — Record gold prices have set off a flurry of mergers and acquisitions over the past year in the Western Australian gold sector, with further consolidation still ahead,…
Equinox pours first gold at Greenstone
Equinox Gold (TSX: EQX) has poured first gold on schedule at its now 100%-owned Greenstone gold project in northern Ontario, the company’s flagship asset. In April, the miner bought out…
Equinox Gold buys out Orion for almost US$1B as it readies Greenstone for first gold
Equinox Gold (TSX: EQX; NYSE-AM: EQX) is buying partner Orion Mine Finance’s 40% stake in their new Greenstone gold mine in Ontario for US$995 million in cash and shares as it…
Gold Road Resources seeks stake in Greenstone Gold Mines
Australia’s Gold Road Resources (ASX: GOR) confirmed on Monday rumours about its intention to acquire a stake in Canada’s Greenstone Gold Mines, a 60-40 partnership between Equinox Gold (TSX: EQX)…