Alpayana (Alpayana Canada) Makes Board-Supported All-Cash Take-Over Bid for Sierra Metals

Pan American Silver Completes Acquisition of Yamana Gold

April 27, 2023

Energy

Pan American Silver completed its previously announced acquisition of all issued and outstanding common shares of Yamana Gold, adding four producing mines (Jacobina, El Peñón, Minera Florida and Cerro Moro) and the MARA development project to its portfolio. The transaction was structured alongside the sale of Yamana's Canadian assets (including Canadian Malartic) to Agnico Eagle; Yamana shareholders received a mix of cash, Agnico Eagle shares and Pan American shares.

B2Gold Corp. Acquires Sabina Gold & Silver Corp.

February 13, 2023

Industrial Services

B2Gold Corp. agreed to acquire all outstanding shares of Sabina Gold & Silver Corp. in an all-stock transaction valuing Sabina at approximately C$1.1 billion. The transaction gives B2Gold ownership of Sabina's 100%-owned Back River Gold District (including the fully permitted, construction-ready Goose project) and is intended to expand B2Gold's high-grade development pipeline and geographic diversification.

Alcoa Acquires Alumina Limited in $2.2B All-Stock Deal

March 12, 2024

Manufacturing

Alcoa announced it will acquire Australia-based Alumina Limited in an all‑stock transaction valued at $2.2 billion, giving Alcoa full control of the AWAC joint venture. Under the scheme, Alumina shareholders will own roughly 31.6% of the combined company (Alcoa shareholders ~68.4%), a transaction Alcoa says strengthens its exposure to tier‑1 bauxite and alumina assets and increases vertical integration across the aluminum value chain.

Yintai Gold Co., Ltd Acquires Osino Resources Corp. for C$368 Million

February 25, 2024

Energy

Yintai Gold Co., Ltd will acquire all outstanding common shares of Osino Resources Corp. for C$1.90 per share, valuing Osino at approximately C$368 million in an all-cash plan of arrangement. The transaction, which includes a concurrent US$10 million loan to Osino and reimbursement of a termination fee, is subject to shareholder, court and regulatory approvals and is expected to close in H1 2024.

Minera Alamos Acquires Sabre Gold Mines

February 7, 2025

Energy

Minera Alamos Inc. completed its previously announced acquisition of Sabre Gold Mines Corp. by way of a plan of arrangement, acquiring 100% of Sabre’s issued and outstanding common shares. Under the arrangement each Sabre share was exchanged for 0.693 Minera Alamos common shares (resulting in 76,499,114 Minera shares issued) and Minera filed an Early Warning Report reflecting its increase in beneficial ownership from 0% to 100%.

Zijin Gold to Acquire Allied Gold in C$5.5 Billion All-Cash Deal

January 26, 2026

Industrial Services

Allied Gold entered into a definitive arrangement agreement under which Zijin Gold International Company Limited will acquire all issued and outstanding Allied Gold shares for C$44 per share in cash, valuing the equity at approximately C$5.5 billion. The transaction will be completed via a court-approved plan of arrangement in Ontario, with closing expected by late April 2026 subject to customary approvals.