Precision Pulley & Idler (PPI) has agreed to acquire Continental Global Material Handling, a portfolio company of Stellex Capital Management. United States-based Continental has been “a leader in bulk material handling for decades,” PPI said.
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IPS, which specializes in the servicing, engineering and remanufacturing of electrical, mechanical, and power management assets, has agreed to acquire assets of ABB’s Industrial Services business. The business includes a U.S. and Canadian service shop network with locations in Tucson, Ariz.; Evansville, Ind.; Charlotte, N.C.; Edmonton, Alberta, Canada; and Burlington, Ontario, Canada, employing 114 talented employees. The transaction is expected…
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U.S.-based Newmont said its shareholders overwhelmingly voted in favor of the proposed acquisition of Australian rival Newcrest Mining. The deal will create a world-class portfolio of gold and copper assets.
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Czech-based investment group Sev.en Global Investments said it will acquire a 51% stake in Coronado Global Resources from the Energy & Minerals Group as it continues to expand its portfolio, reported Reuters.
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Komatsu has acquired certain assets of Matfield Machining to support the growth of its national field service teams, which support mining operations at customer sites throughout the United States and Canada. For the full story, click here.
Read MoreRio Tinto has agreed to purchase PanAmerican Silver’s stake in Agua de la Falda, with exploration tenements in Chile’s prospective Atacama region, and to enter a joint venture with Codelco (Corporación Nacional del Cobre de Chile) to explore and potentially develop Agua de la Falda’s assets.
Read MorePrecision Pulley & Idler (PPI) said it has acquired Van Gorp Corp., based in Pella, Iowa. Van Gorp has been in business for more than 90 years and has become a “well-respected manufacturer of conveyor components.” Read the full story here.
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Metso has signed an agreement to acquire privately owned Australian group Brouwer Engineering. Read the full story here.
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Engineer and metallurgy group Novopro Projects has been acquired by CIMIC Group and its Sedgman subsidiary.
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Canadian gold producer B2Gold has entered into a definitive agreement to acquire all of the issued and outstanding shares of Sabina Gold & Silver for C$1.1 billion. Read full story here.
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