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New Deal


Announced

Completed

Harmony Gold completed the acquisition of Eva Copper Project from Copper Mountain Mining for $230m.

Financials

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Transaction Value£204m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Synopsis

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Harmony Gold, a gold mining and exploration company, completed the acquisition of Eva Copper Project from Copper Mountain Mining, a Canadian based, high growth mining company, for $230m. "We are pleased with this transaction as it demonstrates the value the Company has developed in the Eva Copper Project since our acquisition of Altona Mining Limited in 2018. It also recognizes the exploration upside that exists on the surrounding prospective land package," Gil Clausen, Copper Mountain President and CEO.

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