M&A Deal Summary

Primero Mining Acquires Goldcorp - San Dimas Mine

On June 2, 2010, Primero Mining acquired metals/mining company Goldcorp - San Dimas Mine from Goldcorp for 500M USD

Acquisition Highlights
  • This is Primero Mining’s 1st transaction in the Metals/Mining sector.
  • This is Primero Mining’s largest (disclosed) transaction.
  • This is Primero Mining’s 1st transaction in Canada.
  • This is Primero Mining’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2010-06-02
Target Goldcorp - San Dimas Mine
Sector Metals/Mining
Buyer(s) Primero Mining
Sellers(s) Goldcorp
Deal Type Divestiture
Deal Value 500M USD

Target

Goldcorp - San Dimas Mine

Vancouver, British Columbia, Canada
Goldcorp, Inc. - San Dimas Mine is a producer of 113,000 ounces of gold and 5.1 million ounces of silver.

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Buyer(S) 1

Buyer

Primero Mining

Toronto, Ontario, Canada
Category Company
Sector Metals/Mining
Revenue 291M USD (2015)
DESCRIPTION

Primero is a Canadian-based gold mining company with operating mines in Canada and Mexico, and a strong portfolio of development-stage and exploration projects. After a year of production increases, exploration success and management renewal, company look forward to continuing to deliver disciplined growth and long-term shareholder value.

DEAL STATS #
Overall 1 of 3
Sector (Metals/Mining) 1 of 3
Type (Divestiture) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 2
Year (2010) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-23 Cerro Resources NL

Fortitude Valley, Australia

Cerro Resources NL is a provider of gold mining services in Australia.

Buy -

Seller(S) 1

SELLER

Goldcorp

Vancouver, British Columbia, Canada
Category Company
Founded 1954
Sector Metals/Mining
Employees9,290
Revenue 3.4B USD (2017)
DESCRIPTION

Goldcorp, Inc. is a gold producer, with operations and development projects in America. Goldcorp Inc. was founded in 1954 and is headquartered in Vancouver, Canada.

DEAL STATS #
Overall 5 of 9
Sector (Metals/Mining) 5 of 9
Type (Divestiture) 3 of 7
State (British Columbia) 2 of 5
Country (Canada) 2 of 5
Year (2010) 2 of 3
Size (of disclosed) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-03 Goldcorp - Escobal Silver Deposit

Vancouver, British Columbia, Canada

Goldcorp, Inc. - Escobal Silver Deposit is located in southern Guatemala, approximately 120 kilometers east of Goldcorp's Marlin mine, and approximately 70 kilometers west of its Cerro Blanco development project.

Sell $505M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-20 Terrane Metals

Vancouver, British Columbia, Canada

Terrane Metals Corp. holds interests in the Mt. Milligan copper-gold project located in north-central British Columbia; and the Berg copper-molybdenum-silver project located in central British Columbia.

Sell CA$241M
Mergr

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