Industries: Mining

Private Equity Firm Grabs an Australian Copper Mine

Private Equity Firm Grabs an Australian Copper Mine

  A joint venture, led by the private equity firm EMR Capital, has secured a deal to buy an Australian copper mine. EMR Capital is teaming up with Lighthouse Minerals in a deal worth $10.75 million. It is a relief for the mine and its owners Aditya Birla Minerals, which have struggled under the current slump in commodity prices.   [...]

$5.6 Billion Private Equity Vehicle to Shake Up the Mining Industry

$5.6 Billion Private Equity Vehicle to Shake Up the ...

One of the mining industry’s most famous faces is looking to make a comeback with a bang. On Thursday, the ex-Xstrata boss, Mick Davis, announced his private equity vehicle has raised $5.6 billion and the fund is looking for lucrative deals in the industry.   Mick Davis is looking to partner with his old team and make some large-scale investments [...]

Private Equity Turning Focus to Precious Metals

Private Equity Turning Focus to Precious Metals

Many of the world’s leading private equity (PE) firms have, for a long time, famously been avoiding investing in the precious metals markets. The volatility of these markets has always been cited as the reason for not wanting to invest, particularly post financial crisis when the levels of diligence prior to entering deals has been sat at an all-time high. [...]

Is the Mining Industry the Goldmine Private Equity was hoping for?

Is the Mining Industry the Goldmine Private Equity ...

In February of this year, we reported that many private equity (PE) firms were looking at the mining industry as a potentially lucrative destination where they could offload the huge sums of dry powder many are sitting on.   There was a real feeling throughout the PE marketplace and particularly with buyout and merger & acquisition (M&A) focused firms that [...]

Drilling for Returns in Mining Sector

Drilling for Returns in Mining Sector

Canada’s Financial Post published a report with the surprising news that private equity investors are growing into key players in the mining industry. Typically, mining is a niche market for PE, but brand-name US firms, such as Blackstone Group, Carlyle Group and Apollo Global Management, have all recently established mining practices, according to the article.   In Canada, PE firms [...]

M&A Mega Deal: Xstrata and Glencore

M&A Mega Deal: Xstrata and Glencore

News agencies and corporate finance publications are generating a lot of "ink" covering the mega-merger between mining and commodities trading companies Glencore and Xstrata.  One news outlet calls it a “bankers bonanza” due to the large fees involved, estimated to be USD 140 million, while Investment Week speculates that this may be the first of many such large-sized transactions in [...]