

The share-for-share deal valued at US$6.5 bn or AU$9.8bn. In a merger of equals which now creates a mining industry leader with a dominant position in the Canadian gold mining industry, Agnico Eagle Mines Limited and Kirkland Lake Gold Ltd combined in a transaction valued at US$11bn or CAD 13.5 bn/ AU$16bn.īarrick Gold-Randgold agree to merger creating a new gold mammoth In the industry

Rio Tinto completes US$3.3bn or AU$4.9bn Turquoise Hill deal for larger chunk in the mammoth Oyu Tolgoi project in Mongolia.

The scheme was finally given the green-light by the Federal Court of Australia after the OZ Minerals shareholders gave the US$6.4bn or AU$9.6 bn acquisition the thumbs up. Newmont, the world’s biggest gold mining company agreed in May 2023 to acquire Australia-based gold miner Newcrest US$19.2bn/AU$26bn in the industry’s biggest deal to date.Īllkem Limited and Livent Corp join forces in a US$10.6 bn or AU$15.7bn all-stock merger of equals deal. (For more mining blogs and infographics like this go to ) Big business continues to dominate the majors in the mining industry.
