M&A Deal Summary

Jinteng Mining Acquires La Arena

On May 1, 2024, Jinteng Mining acquired metals/mining company La Arena from Pan American Silver for 245M USD

Acquisition Highlights
  • This is Jinteng Mining’s 1st transaction in the Metals/Mining sector.
  • This is Jinteng Mining’s largest (disclosed) transaction.
  • This is Jinteng Mining’s 1st transaction in Peru.

M&A Deal Summary

Date 2024-05-01
Target La Arena
Sector Metals/Mining
Buyer(s) Jinteng Mining
Sellers(s) Pan American Silver
Deal Type Divestiture
Deal Value 245M USD

Target

La Arena

Lima, Peru
La Arena owns the La Arena gold mine as well as the La Arena II project in Peru.

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Buyer(S) 1

Buyer

Jinteng Mining

Singapore, Singapore

Category Company
Sector Metals/Mining
DESCRIPTION

Jinteng (Singapore) Mining is an international mining company. Jinteng (Singapore) Mining is based in Singapore.


DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 1
Country (Peru) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Pan American Silver

Vancouver, British Columbia, Canada

Category Company
Founded 1979
Sector Metals/Mining
Employees6,200
Revenue 2.3B USD (2023)
DESCRIPTION

Pan American Silver is a provider of primary silver producers in the world. Pan American owns and operates seven mines located in Mexico, Peru, Argentina and Bolivia. Pan American Silver was founded in 1979 and is based in Vancouver, Canada.


DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 1
Country (Peru) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-22 Tahoe Resources

Reno, Nevada, United States

Tahoe Resources, Inc. is an operator of precious metals mines, to pay significant shareholder dividends and to grow by developing long-term, low-cost assets in the Americas. Tahoe Resources is based in Reno, Nevada.

Buy $275M