Announced
Financials
Tags
Private
Infrastructure
Friendly
Acquisition
Pending
Single Bidder
Mexico
Cross Border
Majority
Nonferrous Metals
Joint Venture
zinc mining
Synopsis
Teck Resources, a diversified natural resources company headquartered in Vancouver, and Agnico Eagle Mines, a Canadian-based gold producer with operations in Canada, Finland and Mexico, agreed to form a joint venture in a $580m deal. "San Nicolás is a high-quality project, located in a leading mining jurisdiction, with high grades, extremely competitive capital intensity, and first quartile costs. The opportunity to add the operating and development experience of Agnico Eagle should generate substantial benefits for the project including for all stakeholders throughout the project life cycle," Don Lindsay, Teck President and CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.