M&A Deal Summary

Metals X Acquires Westgold Resources

On October 17, 2012, Metals X acquired metals/mining company Westgold Resources

Acquisition Highlights
  • This is Metals X’s 1st transaction in the Metals/Mining sector.
  • This is Metals X’s 1st transaction in Australia.

M&A Deal Summary

Date 2012-10-17
Target Westgold Resources
Sector Metals/Mining
Buyer(s) Metals X
Deal Type Add-on Acquisition

Target

Westgold Resources

East Perth, Australia
Westgold Resources Ltd. manages an exploration and development of mineral properties in Australia.

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Buyer(S) 1

Buyer

Metals X

South Perth, Australia

Category Company
Founded 2004
Sector Metals/Mining
Employees175
Revenue 219M AUD (2024)
DESCRIPTION

Metals X is a diversified resource company exploring and developing metals and minerals in Australia. Metals X was founded in 2004 and is based in South Perth, Australia.


DEAL STATS #
Overall 1 of 3
Sector: Metals/Mining M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 1 of 3
Year: 2012 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-09 Central Tanami Project

Australia

The Central Tanami Project is an outstanding land package with significant resource base and infrastructure in place. In particular, the Groundrush ore system is large, high-grade with magnificent metrics for underground mining at high production rates and very competitive costs. There remains significant plant and infrastructure in place and a rapid re-start of operations is possible.

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