Biggest B.C. mining mergers and acquisitions in 2013

Ranked by the dollar value of the deal

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

Search This Table
Rank '14Acquiring companyTarget company2013 closing dateDescription of the dealPartial list of agents and advisersDeal value
1 First Quantum Minerals Ltd
TSX:FM; LSE:FMQ
www.first-quantum.com
Inmet Mining Corp
TXS:IMN
www.inmetmining.com
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
TSX:BTO
www.b2gold.com
CGA Mining Ltd
TSX:CGA
www.cgamining.com
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
NYSE:HL
www.hecla-mining.com
Aurizon Mines
TSX:ARZ
www.aurizon.com
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
TSX:CS
www.capstonemining.com
BHP Copper Inc (subsidiary of BHP Billiton)
TSX:BHP
www.bhpbilliton.com
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
TSX:NGD
www.newgoldinc.com
Rainy River Resources
TSX:RR
www.rainyriverresources.com
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

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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, lists@biv.com.

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