Argonaut’s Post

Let’s do another M&A update 💪 Listed companies Gold Fields plans to consolidate its 50% interest in the Windfall Project in Canada, which it jointly owns with Osisko Mining, by acquiring all the issued shares in the Canadian miner. Having full ownership of Windfall enables Gold Fields to increase flexibility and decision-making with regards to Project’s development and operation 🇨🇦 Subsequent to the termination of the deal between Mantengu Mining and BCM and the placement of BCM into Business Rescue, Mantengu has announced that its subsidiary Meerust Chrome has struck a deal with New Venture Mining Investment Holdings (NVMHI). Meerust acquired the mining right for a cash consideration of R7m and entered into a R10.3m contractorship agreement with NVMIH to mine and process chrome ore until the successful transfer of the mining right 🪪 Transaction Capital subsidiaries Nutun Business Services and Generow Investments have disposed of Nutun Transact (R403.6m), Accys (R1) and Nutun Credit Health (R6.4m) to Q Link, a financial services and fintech company specialising in advanced payment and collection solutions. Non-listed companies KWV has received Competition Commission approval for the acquisition, without conditions, of The Red Heart rum brand and related assets from Pernod Ricard South Africa 🥃 SYSPRO, a global provider of manufacturing and distribution software sold a majority ownership stake in the business to Advent International, a US private equity investor with the plans of using funds to strengthen its position in the global market. Other activity Profit warnings were issues by Gold Fields, Exxaro Resources and Sasol (among others) ABSA CEO, Arrie Rautenbach, agrees to take early retirement (effective April 15 2025).

This is the project where I first met the TMG Team.... and now I work with them! #ProjectServices, #StrategicPlanning, #ProcurementExcellence, #ContractManagement, #SupplyChainOptimization, #QualityControl, #LogisticsOptimization, #CostControls, #DocumentManagement, #IndustrySuccess, #MiningOilGas, #NavigatingComplexities, #TMGAdvantage, #ExpertSupport, #SuccessMission, #networking, #innovation

Read eResearch’s article about the C$4.1 billion acquisition of Filo Corp. (TSX: FIL) by Lundin Mining Corporation (TSX: LUN) and BHP Group (ASX: BHP) that values the Filo del Sol project at US$0.33 per pound, on a copper equivalency basis. The deal forms a joint venture focused on the Filo del Sol project in Chile and the nearby Josemaria project in Argentina, aiming to develop these major copper sites. This partnership strategically positions both companies to address the increasing global demand for copper, driven by the transition to renewable energy.   $FIL.T $LUN.T $BHP #BHP #LundinMining #copper #gold #mining #chile #argentina #business #companies #news #stocks #stockmarket #invest #trading #stockstowatchhttps://bit.ly/4fOIUQS

The cost of building and financing for mining and processing plants is currently estimated at billions of euros. This is a long term investment that should not be made blindfold. Extensive research and development of an optimal financial model lay the foundation for future commercial success. Maintaining the competitiveness of mining projects requires additional investment. However, in favorable economic conditions, the introduction of innovative technologies usually pays off quickly even for expensive greenfield projects. Read more: https://lnkd.in/dDywYExc It is obvious that the existing investment needs of mining projects are steadily increasing. Ignoring such items of expenses as technology and exploration leads to a decrease in competitiveness and a decrease in the volume of mineral production after a short period of operation of the enterprise. The cost of building a medium-sized mining and processing plant is in the hundreds of millions of euros, but many large projects involve multi-billion dollar investment costs in the first years, including exploration, construction and installation of equipment. How applicable is the project finance model for such facilities? The benefits of project finance to the borrower must be high in order to choose this type of financing for a mining and processing plant project. Are you looking for funding for major projects in the mining industry? If you need professional advice, please contact the ALTAS INVESTMENT FINANCE LIMITED team at any time. WEBSITE: altas-ifl.com EMAIL: funding@altas-ifl.com #Largeenergy #projectfinancing #Energyfunding #investmentloans #USA #GERMANY #FRANCE #EUROPE #ASIA #Loanfunds #BANKS #renewableenergy #electricalsubstations #thermalpowerplants #geothermalpowerplants #businessguarantees #Capitalmarketfinancing #collateral #miningproject #governmentguarantees #mediumtermfinancing #mining #processingplants #miningcompanies #miningindustry #offbalancesheetfinancing #miningcompanies #Longtermbankloans #Projectfinancing #miningfacility #risks #venturecapitalfinancing #miningandprocessingplants

The imperative for optimisation The rationale for prioritising optimisation over new capital projects is compelling, especially in challenging times. Optimisation initiatives, such as APC, demand lower upfront investment, mitigate risks associated with large-scale projects, and deliver quicker returns. They enable mining companies to enhance operational efficiency, reduce energy consumption, and lower their environmental footprint without the significant outlays required for capital projects. This approach not only aligns with financial prudence, but also with the growing emphasis on sustainable mining practices. #BlueNickelSolutions #OptimisationStrategy #OperationalEfficiency #CostSavings #SustainableMining #APC

The imperative for optimisation The rationale for prioritising optimisation over new capital projects is compelling, especially in challenging times. Optimisation initiatives, such as APC, demand lower upfront investment, mitigate risks associated with large-scale projects, and deliver quicker returns. They enable mining companies to enhance operational efficiency, reduce energy consumption, and lower their environmental footprint without the significant outlays required for capital projects. This approach not only aligns with financial prudence, but also with the growing emphasis on sustainable mining practices. #BlueNickelSolutions #OptimisationStrategy #OperationalEfficiency #CostSavings #SustainableMining #APC

🚀 Mineral Resources Limited (ASX: MIN) Rises Following $1.1B Asset Sale to Hancock Prospecting 🚀 Mineral Resources Limited (ASX: MIN) has made a significant move, agreeing to a $1.1 billion sale of its oil and gas assets to Gina Rinehart's Hancock Prospecting. This strategic shift allows Mineral Resources to sharpen its focus on core mining operations while unlocking capital for future growth. At the time of writing, shares have soared by 16%, closing at $41.87. Additionally, the company plans to share updates from an investigation into Managing Director Chris Ellison’s tax matters by Monday. This decisive sale marks a pivotal moment for Mineral Resources, driving market confidence and setting up a strong foundation for future expansion. 💼📈 https://lnkd.in/gx64Ymf8 #MineralResources #ASXMIN #MiningInvestments

REVOLUTIONIZING MINING WITH DGC AFRICA: ADVANCED ASSET INTEGRITY AND CONDITION MONITORING IN PARTNERSHIP WITH EAMS In the high-stakes world of mining, where operational efficiency can determine a company’s success, ensuring the integrity of critical assets is essential. Asset Integrity Management (AIM) has become a cornerstone of sustainable mining practices, offering a comprehensive approach to managing physical infrastructure throughout its lifecycle. This includes maintaining safety, reliability, and compliance, which are crucial in an industry where even minor disruptions can have significant financial and safety implications. DGC AFRICA, is a leader in providing innovative industrial solutions, has formed a strategic alliance with EAMS to introduce advanced condition…READ MORE HERE https://lnkd.in/dRaGyU4d

A commission supported by investors managing over $15 billion in assets has outlined key actions investors can take to improve #sustainability in the #miningsector. The Global Investor Commission on Mining 2030 identified six priorities for investors seeking to support an #environmentally and #socially responsible mining sector, capable of meeting global demand for mineral while aligning with the goals of the #ParisAgreement. The initiative is backed by investors including Allianz Investment Management, The #ChurchofEnglandPensionsBoard, Scottish Widows, Ninety One and Royal London Asset Management Management. #climatechange #shareholder #responsibleinvestment #activeowner

Selecting the right partner to execute Capital Projects can be extremely risky and daunting!! We have successfully been providing Capital Project Advisory and Execution services to Junior Miners for over 15 years. Anything from Investment Advisory to Commissioning, our comprehensive support framework extracts the most value for your new mining opportunity. https://ssgkhulisa.co.za/ #SSGkhulisa #projectshutdown #projectcontrols #projectplanning #projectscheduling #projectmanagement #construction