First Reserve Affiliate to Acquire The Goldfield Corporation

Gold Fields Participates in Torq Resources’ C$1.7 Million Private Placement

September 16, 2026

Industrial Services

Torq Resources closed a C$1.7 million private placement of units, including C$170,191.20 from Gold Fields Atacama Holdings Inc., a wholly owned affiliate of Gold Fields Limited. Torq said it would use the proceeds for general working capital, supporting its ongoing exploration activities.

Barrick Gold to Earn-In to Acquire Initial 60% Interest in GFG Resources’ Pen Gold Project

August 25, 2026

Energy

GFG Resources signed a definitive earn-in agreement with Barrick Gold to advance exploration at the 100%-owned Pen Gold Project in Ontario. Barrick may earn an initial 60% interest by funding $17.68 million in exploration expenditures and making $1.2 million of cash payments to GFG, and can potentially increase its interest to 70% and 80% by completing a preliminary economic assessment and feasibility study.

Coeur Mining Completes Acquisition of New Gold

March 20, 2026

Industrial Services

Coeur Mining completed its all-stock acquisition of New Gold under a previously announced definitive agreement. New Gold shareholders received 0.4959 shares of Coeur common stock for each New Gold common share, and the combined entity’s shares began trading on the Toronto Stock Exchange under “CDE” effective March 16, 2026.

Fresnillo plc Acquires Probe Gold Inc.

January 26, 2026

Energy

Fresnillo plc completed an all-cash acquisition of Probe Gold Inc. for approximately C$780 million (C$3.65 per share), closing on 22 January 2026. The deal gives Fresnillo ownership of Probe’s Novador project in the Val d'Or district (Quebec), expanding Fresnillo’s geographic footprint and gold resource base in Canada.

Gold Fields Acquires Osisko Mining for C$2.16 Billion

August 12, 2024

Energy

Gold Fields Limited, through a wholly owned Canadian subsidiary, has entered into a definitive arrangement agreement to acquire all outstanding shares of Osisko Mining Inc. in an all-cash transaction valued at approximately C$2.16 billion. The deal is expected to close in Q4 2024 and will be completed via a statutory plan of arrangement under Ontario law.

First Reserve Sells GridTek Utility Services to Undisclosed Buyer

June 11, 2024

Utilities

GridTek Utility Services, a U.S.-based provider of repair, maintenance, installation and upgrade services for electric transmission and distribution infrastructure, has been sold by private equity firm First Reserve. Financial terms and the buyer were not disclosed; advisors on the transaction included Harris Williams (financial) and Simpson Thacher & Bartlett LLP (legal).