Newcrest's Pretium deal leads metals, mining M&A for week ended Nov. 12

Gold producer Newcrest Mining Ltd.'s planned takeover of smaller peer Pretium Resources Inc. headlined metals and mining transactions for the week ended Nov. 12, according to a screener on S&P Capital IQ Pro.

Newcrest agreed to acquire the remaining 95.2% stake in Pretium that it does not already own in a deal valued at $2.69 billion. The transaction will allow Newcrest to integrate its Red Chris gold joint venture with Imperial Metals Corp. in British Columbia with Pretium's nearby Brucejack gold mine.

Stanmore Resources Ltd. inked a $1.42 billion deal to acquire an 80% stake in BHP Mitsui Coal Pty. Ltd. from BHP Group subsidiary BHP Minerals Pty. Ltd. BHP Mitsui Coal's assets include the Poitrel and South Walker Creek coal mines in Queensland, Australia. Mitsui & Co. Ltd. owns the remaining 20% stake in BHP Mitsui Coal.

South Africa-based Northam Platinum Holdings Ltd. agreed to acquire an initial 32.8% stake in Royal Bafokeng Platinum Ltd. from Royal Bafokeng Holdings in a deal valued at $1.14 billion. Northam can increase its stake to 33.3% under a call and put option agreement with Royal Bafokeng Holdings and can further lift its shareholding to 34.9% by entering an additional call and put option arrangement with Royal Bafokeng Holdings, which would also grant Northam a right of first refusal on Royal Bafokeng Holdings' remaining 1.2% stake.

Uranium Energy Corp. entered into a definitive agreement to acquire Uranium One Americas Inc. from Uranium One Inc. for $125.5 million. Uranium One is part of Russia's State Atomic Energy Corp. Rosatom and is said to be the world's fourth-largest uranium producer.

Rounding out the top five transactions of the week, Australia-based explorer Andromeda Metals Ltd. offered to acquire Minotaur Exploration Ltd. in an all-share deal valued at $84.2 million.