Pan American Silver Corp. Acquires MAG Silver Corp.

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.

Silvercorp Metals Acquires Adventus Mining

April 26, 2024

Energy

Silvercorp Metals agreed to acquire all outstanding common shares of Adventus Mining by way of a statutory plan of arrangement, with Adventus shareholders receiving 0.1015 Silvercorp shares per Adventus share (implying an ~C$200 million equity value). The deal adds Adventus' advanced El Domo copper‑gold project in Ecuador and broader exploration portfolio, delivering immediate geographic and metal diversification to Silvercorp and enhancing near‑term production optionality.

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.

Agnico Eagle Mines Limited Acquires O3 Mining Inc.

March 18, 2025

Energy

Agnico Eagle Mines Limited completed a full acquisition of O3 Mining Inc. after a board-supported all-cash takeover bid of $1.67 per share (representing a 58% premium), initially taking up ~94.1% of outstanding shares and later completing an amalgamation to acquire 100% of O3 Mining. The acquisition is intended to integrate O3 Mining's Marban Alliance project adjacent to Agnico Eagle's Canadian Malartic land package and to advance the project's development under Agnico Eagle's operational and financial capacity.

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.