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How energy and mining firms are using data rooms to drive growth

Jun 15, 2011 - by Aaron Booth

With long term demand for energy and base metals increasing worldwide, energy and mining companies are looking for innovative ways to grow at a time of economic uncertainty.  From M&A transactions to attracting new capital, many firms are using data rooms to coordinate discussions with potential partners and investors across the world.


To better manage M&A deals and attract financing in innovative ways, leading energy and mining firms are using data rooms to share confidential documents like contract drafts, engineering drawings, and site photos.  A properly configured data room plays a key role in coordinating secure communication across internal and external stakeholders such as board members, financers, bidders, accountants, and lawyers. 


We asked our energy and mining clients to tell us about emerging trends in their industry, and how they are using virtual data rooms beyond the more traditional uses of M&A deals and corporate financing applications:

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Mining M&A Up Fifty Percent To End the Year

Feb 23, 2012 - by Phil Adrien

Global M&A activity in the mining sector grew by about 50 percent last year to surpass $US100 billion, according to KPMG.

Copper producer and Firmex customer, Quadra FNX Mining was part of the largest Canadian deal in the final quarter of the year. They received a cash offer valued at $CDN3.5 billion from Poland’s state-controlled copper miner, KGHM Polska Miedz.

Close to one third of metals companies surveyed by KPMG expect to expand through mergers and acquisitions over the next two years. Canadian companies are expected to continue to be the primary targets. In the final quarter of 2011, Canadian firms made up 21% of the global M&A value in the mining sector. Total activity in Canada is up 30 percent year-over-year to about $US34 billion.

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