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NewGenGold as early

showcase for future M&A

NewGenGold organisers have always prided themselves on picking the hottest new exploration stories
across the gold sector to showcase to the entire industry. The forum’s ability to identify potential early was
confirmed in the days after the 2019 edition when two projects which featured on the 2009 programme
(Detour Lake and Red Lake) were acquired for a combined $4.5 billion. We take a look back at the last
decade of NewGenGold conferences to find which other assets have changed hands.

2009 status unknown in Newmont
Goldcorp
Detour Lake:
Acquired by Kirkland Lake Galat Sufar:
Gold Inc made a $C4 billion Resolute Mining Ltd
offer in November 2019 acquired 17% share in Orca
2018
Bruce Channel/Red Lake:
OceanaGold Corp spent $C856 million in scrip to acquire Romarco
Acquired by Evolution Minerals and its Haile gold mine in South Carolina, US, just a year Haile:
Mining Ltd in $553 million after Romarco presented at NewGenGold Acquired by OceanaGold
deal in November 2019 Corp via $C856 million all-
Cerro Negro: 2011 2013 scrip takeover of Romarco
Minerals
Acquired by Goldcorp for Canadian Malarctic: Fekola:
$US3.4 billion in 2011 Acquired in 2014 by Yamana Acquired by B2Gold Corp for Petowal (Mako):
Acquired by Resolute in its
Cerro Moro: Gold Inc and Agnico Eagle $US650 million in 2014
Acquired by Yamana Gold Metals Inc in a 50/50 JV Twin Bonanza: $US274 million takeover of
Corp in $C395 million worth $C3.9 billion Now in private hands after Toro Gold in July 2019
transaction in 2012 Camino Rojo: ABM fell into administration
Caspiche: Acquired by junior Orla Buriticia:
Goldcorp paid $US185 Mining in 2017 in $C42 In December, Zijin Mining
million for the asset in 2017 million scrip deal made a $US1 billion bid for
Chucapaca:
Koka: project owner Continental
Buenaventura took full
Sold to China SFECO Group Gold Inc
ownership in 2014, still at
for $US80 million in 2012 B2Gold Corp president Clive
PFS stage
Banfora: Johnston on the cover of GMJ
Konkera/Batie West: July ‘14 with Papillon Resources
Acquired by Teranga Gold
Acquired by Centamin plc chief executive Mark Connelly
Inc 2016 as part of its
for $40.9 million in 2013 after the deal for Fekola was done
$US63 million takeover of
Gryphon Minerals Tujuh Bukit: Gruyere: Gold Fields Ltd paid $US350
Controversially lost to local
million for 50% interest in 2016
partners in 2012

2017
Moose River:
Acquired by St Barbara Ltd
as part of its $C722 million
takeover of Atlantic Gold in
2018
Cascabel:
2015 BHP Ltd and Newcrest
Coffee: Mining Ltd now hold more
Sold to Goldcorp Inc in than 14% in SolGold
2015 for $C520 million,
Evolution’s acquisition of the Red Lake gold
complex comes a decade after the discovery was
featured on the NewGenGold programme
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