Tuesday, 21 August 2012

Gold Mining M&A - Mergers and Acquisitions

As suggested here early in 2012 the juniors are seeing considerable M&A activity in 2012.

The concern would be that failures in the seniors, which have seen CEO's depart, may make new heads over-cautious.   More .....



Ernst & Young 2011 Report - Here
PWC 2011 / 2012 Report - Here

KPMG Report Canadian M&A activity
http://www.kpmg.com/Ca/en/IssuesAndInsights/ArticlesPublications/Documents/MA-First-Quarter-2012.pdf

Recent transactions in the Gold sector.
Driving value and growth in the enlarged groups, often after seeing an initial fall in stock prices, and tightening the supply of legitimate deposits.

  • Eldorado buys European Goldfields - Greece
  • Pan American for Minefinders - Mexico
  • Elgin for Gold Ore Resources - Sweden
  • Iamgold for Trelawny - Canada
  • Yamana for Extorre - Argentina
  • Billionaire buyer Naguib Sawiris for La Mancha - Africa, Sudan / Australia
  • Endeavour for Avion - W.Africa / Mali
  • Silver Lake for Integra - Australia
  • St Barbara for Allied Gold - Papua New Guinea
  • Go Gold for Absolute Gold - Mexico
  • China National Gold for African Barrick - Tanzania
  • Eurasian Minerals merge with Bullion Monarch - US
  • Lupaka for Andean American - Peru
  • Western Mining Group (Chinese Co.) for Intercitic Minerals - China

2 comments:

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  2. Mergers and acquisitions are a fundamental element of business in any economic system. In excitement successful companies may buy their opponents to increase their business - or when periods are tough, companies may join together to weather the financial surprise. For companies that combine or are obtained it can be a terrifying time. Change is unavoidable and recruiting and organization development professionals can help manage the conversion.

    Mergers and Acquisitions

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