Weather New York, NY +24°F

Industrials

Metals Sector

PwC report says metals sector M&A decline 30% last year

Last year was a sleepy one for mergers and acquisitions in the metals sector with only 357 metal deals completed compared to the 507 deals from the previous year, the Financial Times reported citing figures released by PwC.

Read Full Article
Iluka Resources Ltd

Iluka to pick up ₤12.2M stake in UK metal powder producer Metalysis

Perth, Australia-based mineral sands explorer Iluka Resources Ltd announced that it will pick up an 18.3% stake in Rotherham, UK-based metal powder producer Metalysis for ₤12.2 million ($A22.5 million).

Read Full Article
Lloyds Banking Group

UK's SEH Group obtains £9.4M funding package from Lloyds

Suffolk, UK-based construction supplier SEH Group obtained £9.4million in funding from Lloyds Commercial Banking under the government's Funding for Lending Scheme (FLS) to support its growth and expansion.

Read Full Article
Justrite Manufacturing Company LLC

Triangle Capital invests $14.8M in Illinois firm Justrite Manufacturing

North Carolina, US-based lower middle market capital provider Triangle Capital Corporation invested $14.8 million in Des Plaines, Illinois-based environmental protection and hazardous waste handling firm Justrite Manufacturing Company LLC.

Read Full Article
Dana Gas

Dana Gas inks deal to acquire offshore block in Egypt

Sharjah, United Arab Emirates-based natural gas firm Dana Gas inked a deal to acquire the North El Arish (Block 6) Concession Area located in Egypt as an addition to its growth portfolio.

Read Full Article
Rock Hill Capital Group

Rock Hill backs Oklahoma's Park Energy

Texas, US-based private equity firm Rock Hill Capital Group invested an undisclosed amount in Oklahoma City-based firm Park Energy Services LLC to support its vision of growth and expansion.

Read Full Article
IBM

Through big data, IBM can predict when mining equipment will fail and save companies billions

IBM said it can use big data to forecast when mining equipment will fail, an innovation that can potentially save companies billions of dollars annually, VentureBeat reported.

Read Full Article
Balamara Resources Limited

Australian minig firm Balamara to divest non-core assets in the Balkans for A$15.2M

Subiaco, Western Australia-based mining firm Balamara Resources Ltd agreed to divest three of its non-core assets located in the Balkans for A$15.2 million to focus on its flagship projects.

Read Full Article
Kimberley Diamonds Ltd

Kimberley picks up new Australian diamond project from Venus Metals for A$1M

Sydney, New South Wales-based mining and exploration company Kimberley Diamonds Ltd picked up the Argyle Smoke Creek diamond project from Mumbai, India-based firm Venus Metals Corp for A$1 million in combined cash and issued shares.

Read Full Article
Orinoco Gold Ltd

Orinoco buys out Troy's stake in Brazil gold mine

Perth, Australia-based gold explorer Orinoco Gold entered an agreement to acquire the 70% stake of gold and silver producer Troy Resources in a gold mine in the Sertao gold mine located in Brazil.

Read Full Article
Merlin Diamonds

Merlin Diamonds raises $1.76M for Australian mine development

Melbourne, Victoria-based diamond mining firm Merlin Diamonds raised $2 million by selling 26 million of its shares at $0.75 apiece to Singapore-based investment holding firm Blumont Group for the development of its diamond mine in the Northern Territory of Australia.

Read Full Article
Clariant

South Africa-based AECI Ltd acquires Clariant's water treatment unit for $36.7M

AECI Ltd, the South African explosives and chemicals manufacturer, will be buying the the African water treatment business of Clariant for a price tag of $36.7 million, Bloomberg reported.

Read Full Article
Coles

Australian analyst lambasts acquisitions as a way for companies to grow

David Errington, an analyst at Bank of America Merrill Lynch, said companies would do well if they focused on investing in their core business instead of acquiring other companies in their quest for growth, The Australian reported.

Read Full Article
Robust Resources Ltd

Robust to raise A$25.5M to buy Talas gold-copper project in Kyrgyz Republic

Sydney, Australia-based precious and base metals explorer Robust Resources will raise A$25.5 million via share issue to fund the acquisition of the Talas gold-copper project located in the Kyrgyz Republic.

Read Full Article
Axiom Mining

Australian miner Axiom acquires gold-silver-copper project in Solomon Islands

Queensland, Australia-based mining and exploration firm Axiom Mining acquired the gold-silver and copper-gold mineralization West Guadalcanal Project located in the Solomon Islands for an undisclosed amount.

Read Full Article
1 2 3 4 5 6 7 8 9 10  

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics