M&A Deal Summary

Golconda Gold Acquires Galaxy Gold Mining

On October 16, 2015, Golconda Gold acquired metals/mining company Galaxy Gold Mining

Acquisition Highlights
  • This is Golconda Gold’s 1st transaction in the Metals/Mining sector.
  • This is Golconda Gold’s 1st transaction in South Africa.

M&A Deal Summary

Date 2015-10-16
Target Galaxy Gold Mining
Sector Metals/Mining
Buyer(s) Golconda Gold
Deal Type Add-on Acquisition

Target

Galaxy Gold Mining

Barberton, South Africa
Galaxy Gold Mining Ltd. is a provider of mining and exploration services for gold in South Africa.

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Buyer(S) 1

Buyer

Golconda Gold

Toronto, Ontario, Canada

Category Company
Founded 2007
Sector Metals/Mining
Employees210
Revenue 14M USD (2024)
DESCRIPTION

Golconda Gold is a gold producer and explorer with mining operations and exploration tenements in the Republic of Botswana. Golconda Gold was founded in 2007 and is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 2
Sector: Metals/Mining M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
Country: South Africa M&A 1 of 1
Year: 2015 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-23 Vantage Goldfields

Sydney, Australia

Vantage is an Australian company with mining assets located on the Barberton Greenstone Belt (“BGB”), proximate to the town of Barberton in the Mpumalanga Province of South Africa and includes several historical mining operations on the BGB as well as prospecting rights covering an area of approximately 160 km. 2

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