M&A Deal Summary

Newmont Mining Acquires Cripple Creek & Victor Gold Mining Co

On August 3, 2015, Newmont Mining acquired metals/mining company Cripple Creek & Victor Gold Mining Co from AngloGold Ashanti for 820M USD

Acquisition Highlights
  • This is Newmont Mining’s 3rd transaction in the Metals/Mining sector.
  • This is Newmont Mining’s 4th largest (disclosed) transaction.
  • This is Newmont Mining’s 1st transaction in the United States.
  • This is Newmont Mining’s 1st transaction in Colorado.

M&A Deal Summary
Date 2015-08-03
Target Cripple Creek & Victor Gold Mining Co
Sector Metals/Mining
Buyer(s) Newmont Mining
Sellers(s) AngloGold Ashanti
Deal Type Divestiture
Deal Value 820M USD

Target

Cripple Creek & Victor Gold Mining Co

Victor, Colorado, United States
website
Cripple Creek & Victor Gold Mining Co, Inc. is a surface mine that provides ore to a crusher and a leach facility.

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Buyer(S) 1

Buyer

Newmont Mining

Denver, Colorado, United States

website

Category Company
Founded 1916
Sector Metals/Mining
Employees14,600
Revenue 11.9B USD (2022)
DESCRIPTION

Newmont Mining is primarily a gold producer, with significant assets or operations in the United States, Australia, Peru, Indonesia, Ghana, New Zealand and Mexico. Newmont Mining was founded in 1916 and is based in Denver, Colorado.

DEAL STATS #
Overall 3 of 6
Sector (Metals/Mining) 3 of 6
Type (Divestiture) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-03 Fronteer Gold

Vancouver, British Columbia, Canada

Fronteer Gold, Inc. a mining company.

Buy CA$2.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-24 Newmont Mining Corp - Valmy Property

Nevada, United States

Newmont Mining Corp - Valmy Property is a mining property.

Sell $12M

Seller(S) 1

SELLER

AngloGold Ashanti

Johannesburg, South Africa

website

Category Company
Founded 1944
Sector Metals/Mining
Employees58,057
Revenue 4.4B USD (2020)
DESCRIPTION

AngloGold Ashanti is a gold mining company.Company engages in production of silver, uranium oxide, and sulphuric acid as by-products. AngloGold Ashanti was founded in 1944 and is based in Johannesburg, South Africa.

DEAL STATS #
Overall 1 of 2
Sector (Metals/Mining) 1 of 2
Type (Divestiture) 1 of 2
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-01 Cripple Creek & Victor Gold Mining Co

Victor, Colorado, United States

Cripple Creek & Victor Gold Mining Co, Inc. is a surface mine that provides ore to a crusher and a leach facility.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-31 Morila

Mali

Morila is a gold mine based in Mali. 20% of the Morila gold mine is holds by the state of Mali.

Sell $22M
Mergr

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