Proactive’s Post

Australia's copper opportunity The worldwide demand for copper is expected to increase significantly, necessitating an additional 10 million tonnes over the next decade to meet needs arising from AI and energy transitions. The copper sector's dynamic nature is evidenced by significant mergers and acquisitions, including Newmont's acquisition of Newcrest and BHP’s attempted purchase of Anglo American, underscoring the strategic importance of copper in future global markets. As the holder of the third-largest copper reserves globally, Australia is uniquely positioned to benefit significantly from this demand surge, provided it can optimize its policy environment. Source: Resources and energy quarterly #CopperMining #AustralianMining #ResourceManagement #EnergyTransition #InvestInAustralia #MiningPolicy #GlobalDemand #SustainableMining

Australia's copper opportunity The worldwide demand for copper is expected to increase significantly, necessitating an additional 10 million tonnes over the next decade to meet needs arising from AI and energy transitions. The copper sector's dynamic nature is evidenced by significant mergers and acquisitions, including Newmont's acquisition of Newcrest and BHP’s attempted purchase of Anglo American, underscoring the strategic importance of copper in future global markets. As the holder of the third-largest copper reserves globally, Australia is uniquely positioned to benefit significantly from this demand surge, provided it can optimize its policy environment. Source: Resources and energy quarterly #CopperMining #AustralianMining #ResourceManagement #EnergyTransition #InvestInAustralia #MiningPolicy #GlobalDemand #SustainableMining

Australia's copper opportunity The worldwide demand for copper is expected to increase significantly, necessitating an additional 10 million tonnes over the next decade to meet needs arising from AI and energy transitions. The copper sector's dynamic nature is evidenced by significant mergers and acquisitions, including Newmont's acquisition of Newcrest and BHP’s attempted purchase of Anglo American, underscoring the strategic importance of copper in future global markets. As the holder of the third-largest copper reserves globally, Australia is uniquely positioned to benefit significantly from this demand surge, provided it can optimize its policy environment. Source: Resources and energy quarterly #CopperMining #AustralianMining #ResourceManagement #EnergyTransition #InvestInAustralia #MiningPolicy #GlobalDemand #SustainableMining

With higher gold prices, miners will continue to close merger and acquisition deals, engage in exploration activities and advance towards net-zero targets by increasing sustainable practices. Get insights: https://ow.ly/S20v30sB331 #EYCanada #BetterWorkingWorld #MiningAndMetals

Gold M&A Heats Up: Alto Metals and Brightstar Merger Leads Resource Sector Gains! As the Diggers and Dealers #MiningForum draws near, #AltoMetals (ASX: AME) and #BrightstarResources (ASX: BTR) have energized the market with their merger announcement. This strategic move, coupled with Brightstar’s $24 million fundraising, sets the stage for significant growth and breathes new life into one of Western Australia’s historic gold fields. The merger centers on Alto's 1 million-ounce (Moz) gold resource in the Sandstone district. Previously active but now dormant since #TroyResources shifted operations to South America, the Sandstone gold field is poised for a revival through this merger. With its underexplored potential, the region offers significant opportunities, and modern exploration methods could reveal substantial value. Visit here at https://lnkd.in/g_fJXn6j #ConstellationResources

Mantashe Unveils Strategic Plans for South African National Petroleum Company Amidst Merger A pivotal aspect of this transition is the adoption of a lease-and-assign model, strategically allocating assets from the merging entities to SANPC. This model allows for the isolation of legacy assets, such as PetroSA’s decommissioning liabilities and operational challenges, ensuring a focused and efficient operational framework. Financial viability has been a key determinant in the merger process, with only iGas and SFF deemed financially stable for integration into SANPC. Notably, PetroSA’s Trading Supply and Logistics division stands out as the sole financially viable component, underscoring the strategic alignment of assets within the new entity. view full article here; https://lnkd.in/diZGz9Xx

BHP-Anglo American Merger Would Form Critical Minerals Titan here is a snapshot of BHP and Anglo American's main commodity products according to BloombergNEF. #criticalminerals #criticalmetals #bhp #angloamerican #mergersandacquisitions

Watchdog insists on local procurement The Namibian Competition Commission (NaCC) has approved the merger between Osino Resources Corp. Resources and Shanjin International Gold (formerly Yintai Gold) on condition that, for the life of the Twin Hills gold mine, the merged undertaking will procure all services, goods or products with a value below N$250 000 per project from Namibian-owned undertakings. In addition, no merger-specific retrenchments by the merged undertaking are allowed for a period of three years after the date of implementation.  Shanjin paid 368 million Canadian dollars in total for the Osino shares, roughly N$4.8 billion. Osino intends to build Namibia’s third gold mine at Twin Hills.

Emirates Gold enters new era with acquisition by Rockfire Resources plc Emirates Gold DMCC, the UAE’s pioneer in precious metals refining, today announced that Rockfire Resources plc, the gold, base metal and critical mineral exploration company is executing a conditional share purchase agreement with Paloma Precious DMCC for the acquisition of its entire refining and minting franchise. The acquisition and the ensuing integration are expected to cover all aspects related to Emirates Gold’s operations, ranging from sourcing, refining, minting, product distribution and market presence. In parallel with this acquisition, Emirates Gold is poised to undergo a comprehensive refresh of its strategic direction, with a deep commitment to leveraging pioneering technologies in minting, silver electro refining, establishing a global reach for products, diversifying product lines and adhering to the highest industry compliance standards. Simultaneously with this announcement, Emirates Gold introduces a key management change, prominently featuring the appointment of Daniele Provenzale as CEO. With an impressive track record spanning over three decades, Daniele brings a wealth of experience and expertise to steer the company toward its ambitious goals. Speaking about the acquisition, Provenzale said: “Our vision is to elevate Emirates Gold to a symbol of trust and integrity within the global precious metals refining and minting industry. A major step in this strategy has been to integrate with a company listed on the globally-respected London Stock Exchange, providing a high degree of governance and reliability. “The acquisition by Rockfire represents a strategic milestone for us, underscoring our dedication to reshaping the landscape of the precious metals sector. We are resolute in seizing fresh opportunities and guiding the industry toward an era marked by innovation and sustainability,” he added. “We deeply value our employees, suppliers, customers, and partners, and we enthusiastically anticipate a future rooted in steadfast values and responsible business practices.” Emirates Gold, with a legacy spanning over 30 years in Dubai, stands as one of the most influential gold refineries in the GCC region. The directors of Rockfire are embarking on an ambitious growth strategy through the acquisition of Emirates Gold, a respected, cash-generating and profitable company. The directors consider the transaction to represent a potentially transformational, value-enhancing transaction for its shareholders, which is expected to accelerate the company’s growth strategy. #EmiratesGold #RockfireResources #Acquisition #BusinessNews #MiningIndustry #Investment #MergersAndAcquisitions #ResourceExploration #GoldMining #strategicpartnerships

This is a great interview with Rick Grantham, Mid-Market CEO, at Deal Leaders International, discussing the acquisition of PRIMA Foundry by ME ELECMETAL. Have a listen below!