Franco‑Nevada Acquires 1.8% NSR on Newmont's Yanacocha From Buenaventura

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.

Fortuna Silver Mines Acquires Roxgold Inc.

July 2, 2021

Industrial Services

Fortuna Silver Mines completed a court-approved arrangement to acquire all issued and outstanding shares of Roxgold Inc., with Roxgold becoming a wholly-owned subsidiary of Fortuna. The transaction issued 0.283 Fortuna shares and C$0.001 in cash per Roxgold share and creates a larger, growth-oriented intermediate gold and silver producer with expanded presence in the Americas and West Africa.

Boliden Acquires Somincor (Neves-Corvo) and Zinkgruvan from Lundin Mining

April 16, 2025

Industrial Services

Boliden completed the acquisition of the Somincor (Neves-Corvo) copper and zinc mine in Portugal and the Zinkgruvan zinc mine in Sweden from Lundin Mining on April 16, 2025. The cash consideration was USD 1.40 billion (USD 1.30 billion enterprise value plus up to USD 150 million contingent payments); the deal was financed with a bridge loan and a directed share issue that raised ~SEK 3.75 billion. The acquisition nearly doubles Boliden's zinc concentrate production and significantly strengthens its copper concentrate output.

Rio2 Acquires Condestable Mine from Southern Peaks for US$241M

January 30, 2026

Industrial Services

Rio2 Limited has completed the acquisition of a 99.1% interest in the Condestable copper mine in Peru from Southern Peaks Mining L.P. for US$241 million. The deal, funded via a mix of cash, debt and equity, transforms Rio2 from a primarily gold-focused operator into a multi-commodity miner with immediate copper production and planned integration/expansion work underway.

Triple Flag Precious Metals Acquires Orogen Royalties Inc.

July 9, 2025

Energy

Triple Flag Precious Metals Corp. completed the acquisition of all issued and outstanding common shares of Orogen Royalties Inc. as part of a plan of arrangement, acquiring a 1.0% NSR royalty on the Arthur gold project in Nevada. Consideration comprised C$171.5 million in cash and 5,633,629 Triple Flag common shares (split 50/50 cash and shares by election), and Triple Flag also invested C$10 million for an ~11% equity stake in a newly created Orogen Spinco.

Sun Valley Investments AG Increases Stake in Mineros S.A.

July 15, 2025

Industrial Services

Sun Valley Investments AG completed a public offer to purchase 23,851,918 common shares of Mineros S.A. at COP 5,500 per share, acquiring the shares for COP 131,185,549,000 (approximately CAD $44.9M). The purchase increases Sun Valley’s ownership in Mineros from 57.42% to approximately 65.38%; Sun Valley says it will hold the shares for investment purposes and may further adjust or engage with the company over time.