Newmont to Acquire Remaining 5% Stake in Yanacocha from Sumitomo

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

August 13, 2024

Financial Services

Franco‑Nevada Corporation acquired an existing 1.8% net smelter return (NSR) royalty on Newmont's Yanacocha mine and adjacent properties (including Conga) from Compañía de Minas Buenaventura and its subsidiary for $210 million cash plus a contingent $15 million payable in Franco‑Nevada common shares. The royalty interest is effective July 1, 2024 and provides Franco‑Nevada with additional long‑life precious‑metal exposure in Peru.

Newmont Corporation to Acquire Newcrest Mining Limited

August 2, 2023

Oil & Gas

Newmont Corporation received Papua New Guinea Independent Consumer & Competition Commission (ICCC) clearance to proceed with its proposed acquisition of Newcrest Mining Limited. Newmont expects to close the transaction in the fourth quarter, following other regulatory approvals and continued engagement with relevant regulators and the Newcrest Board.

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.

Sumitomo Corporation Acquires Saconix LLC

June 8, 2023

Industrial Services

Sumitomo Corporation, through Sumitomo Corporation of Americas, has completed the acquisition of Saconix LLC from Copperbeck Energy Partners, making Saconix a wholly owned subsidiary of the Sumitomo Corporation Group. The deal adds sulfuric acid storage tanks and transloading facilities in the U.S. West and Gulf Coast, expanding Sumitomo's North American logistics capacity and boosting its global sulfuric acid trading and storage footprint.

Rio Tinto Acquires Remaining Stake in Turquoise Hill Resources for C$43.00 per Share

November 18, 2022

Industrial Services

Rio Tinto has agreed to terminate certain dissent-related agreements with minority shareholders tied to Pentwater Capital Management LP and SailingStone Capital Partners LLC, while its all-cash plan to acquire the ~49% of Turquoise Hill it does not already own will proceed. Under the proposed plan of arrangement, Turquoise Hill shareholders are offered C$43.00 per share in cash, supported by Rio Tinto’s commitments regarding dissent rights and related payments.

Aris Mining to Acquire Remaining 49% of Soto Norte JV From MDC Industry for Full Ownership in Colombia

November 20, 2025

Industrial Services

Aris Mining entered into a binding term sheet to acquire the remaining 49% interest in the Soto Norte joint venture in Colombia from MDC Industry Holding Company LLC (Mubadala) for US$80 million. The transaction would give Aris Mining 100% ownership of Soto Norte and is expected to close by early December 2025, subject to final documentation and customary conditions.