Biggest B.C. mining mergers and acquisitions in 2013

Ranked by the total value of the deal in CAD

Published March 18, 2014. Sources: Interviews with companies, agents and/or advisers below and BIV research.

Search This Table
Rank '14Acquiring companyTarget company2013 closing dateDescription of the dealPartial list of agents and advisersDeal value in CAD
1 First Quantum Minerals Ltd
Inmet Mining Corp
April 1 First Quantum Minerals Ltd and its wholly owned subsidiary FQM (Akubra) Inc acquired all of the outstanding common shares of Inmet Mining Corp RBC Capital Markets, Goldman Sachs, Jefferies International, CIBC World Markets, Scotiabank $5,100,000,000.00
2 B2Gold Corp
CGA Mining Ltd
January 31 B2Gold acquired all issued and outstanding shares of CGA Mining Ltd Gowling Lafleur Henderson LLP; Canaccord Genuity Corp; Lawson Lundell; Blake, Cassels & Graydon LLP, Squire Sanders; Laurel Hill $1,100,000,000.00
3 Hecla Mines
Aurizon Mines
June 3 Acting for Aurizon in connection with the hostile bid by Alamos Gold, which turned into a friendly acquisition by Hecla Mines for $750 million Blake, Cassels & Graydon LLP; Cassels Brock & Blackwell LLP; K&L Gates LLP; DuMoulin Black LLP; Paul, Weiss, Rifking, Wharton & Garrison LLP $784,000,000.00
4 Capstone Mining Corp
BHP Copper Inc (subsidiary of BHP Billiton)
April 28 Definitive agreement with BHP Copper Inc to purchase BHP Billiton’s wholly owned Pinto Valley copper mining operation and the associated San Manuel Arizona Railroad Company in Arizona Scotiabank and Citibank $660,000,000.00
5 New Gold
Rainy River Resources
October 16 New Gold acquired all of the issued and outstanding common shares of Rainy River Resources in cash and shares BMO Capital Markets; Bull, Housser & Tupper LLP; Cassels Brock & Blackwell LLP; RBC Capital Markets $400,000,000.00

Want access to the full list and database?
Upgrade to a paid subscription.

We are glad you are enjoying
To get unlimited access to all of our online features, upgrade today.

Subscribe Now

Already a member? Login

Business in Vancouver makes every attempt to publish accurate information in the List, but accuracy cannot be guaranteed. Lists are researched by Carrie Schmidt and Anna Liczmanska. For questions or to provide feedback, please contact us by email,

Related Articles

No related articles

Subscribe to our mailing lists

You may withdraw your consent at any time.

* indicates required


* You can modify your newsletter subscriptions at the bottom of any newsletter you receive.
Business in Vancouver Media Group
303 West 5th Avenue, Vancouver, British Columbia
V5Y 1J6 · Canada