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North America cross border mining deals total $2 4bn in Q4 – report

North America cross border mining deals total $2.4bn in Q4 – report Agbaou mine, Côte d’Ivoire. ( North America’s metals & mining industry saw a drop of 6.98% in cross border deal activity during Q4 2020, when compared to the last four quarter’s average, according to the latest analysis from GlobalData. A total of 40 cross border deals worth $2.4 billion were announced for the region during Q4 2020, against the last four-quarter average of 43 deals. Sign Up for the Mining News Digest Sign Up Of all the deal types, M&A saw the most activity in Q4 2020 with 38, representing a 95% share for the region, led by Endeavour Mining’s $1.86 billion acquisition of Teranga Gold.

Imerys Talc Vermont, subsidiaries complete sale to Magris Resources

Assets will operate under the name Magris Talc Vermont Business Magazine Today, the North American Talc Subsidiaries of Imerys (Imerys Talc America, Imerys Talc Vermont, and Imerys Talc Canada) announced the completion of the sale of substantially all of their assets to affiliates of Magris Resources Canada Inc. The US assets and related operations are now owned by Magris Talc USA, Inc. and the Canadian assets and related operations are now owned by Magris Talc Canada Inc. The United States Bankruptcy Court for the District of Delaware (the U.S. Court ) approved the sale, which includes an agreement to assume certain Assumed Liabilities, on November 16, 2020 as part of the Debtors ongoing Chapter 11 process. The Canadian court granted recognition of the sale on November 25, 2020.

Imerys Gets Nod On Updated Ch 11 Plan Disclosures

A Delaware bankruptcy judge agreed to approve Imerys Talc America's Chapter 11 plan disclosure statement on Monday after the company agreed to update the document with more information about mesothelioma and ovarian cancer settlements provided by Johnson & Johnson.

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