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MACA workers

Employer recommends $350M acquisition offer

A diversified company approved a major takeover bid from a direct competitor. MACA’s board of directors recently recommended a $350.2 million acquisition offer from rival Thiess...

Energy and Mining Strong Rebound 2017

Australia’s Energy and Mining M&A saw a strong rebound in 2017. In the first three quarters, Australia’s energy M&A has recorded a value of US$17.9bn, 6 times up compared to the same period...

Matsa Buys Red October in Western Australia

Goldfields miner Saracen Mineral Holdings has sold the Red October mine to Matsa Resources in a $1 million cash deal. Matsa will pay $1 million in cash and 4.5 million shares at a deemed issue price...

Rio Tinto and Sydney University Sign Five Year Deal

Rio Tinto and the University of Sydney have today announced a five year continuance of their multimillion dollar research partnership aimed at increasing mining autonomy. The Rio Tinto Centre for...