Mergers and acquisitions: Mining sector growing with the times

The mining industry in the nation is morphing into a new-ish entity. Part of that change in the industry in Canada includes increased mergers and acquisitions in an effort to curtail escalating operating costs. However, a recent global mining risk report indicates overall optimism when it comes to opportunities for growth in the sector, even though the industry seems to be at a crossroads.

New technology combined with innovative ways of operating are changing mining's landscape, while industry consolidation is ongoing to pare down costs. A leading expert in the field believes that mining higher-ups continue to view mergers and acquisitions along with technology as integral to continual expansion. In fact, more than 65 per cent of these executives believe their companies will grow this year.

Some believe they will become purchasers rather than sellers this year, according to the report. More than 70 per cent view technology as giving them the chance to grow and reshape their companies. They also expect that recent deals which have shifted some income stateside won't hamper their growth opportunities.

Companies' landscapes change with mergers and acquisitions deals. Before or as these deals are taking place, a lawyer's advice may prove invaluable. A lawyer in Canada may be able to help a client involved in these deals to manage and minimize his or her risks along with helping a client to closely scrutinize any potential deals. Mergers and acquisitions can be tricky and with a lawyer's assistance, the process may not be difficult or lengthy. A lawyer can assist a client in many legal aspects from financing and due diligence reviews to document drafting and closing. 

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