https://newsletter.en.creamermedia.com
Copper|Gold|Mining
Copper|Gold|Mining
copper|gold|mining

MAC Copper clears final regulatory hurdle in Harmony takeover

18th August 2025

By: Creamer Media Reporter

     

Font size: - +

NYSE- and ASX-listed MAC Copper said on Monday that Australia’s Foreign Investment Review Board (FIRB) had cleared Harmony Gold Mining Company’s proposed acquisition of the company, satisfying all regulatory conditions for the deal.

Harmony, through its Australian unit, is seeking to acquire all shares in MAC Copper via a court-sanctioned scheme of arrangement under Jersey law. The South African Reserve Bank had already given its approval.

“The receipt of regulatory approval from FIRB … is another significant step towards implementation of the transaction as all requisite regulatory approvals have now been obtained,” MAC Copper CEO Mick McMullen said in a statement.

Shareholders will vote on the deal at meetings scheduled for August 29 in Jersey and online. The scheme still requires approval from investors, satisfaction of certain restructuring conditions, and sanction by the court.

The directors of MAC Copper unanimously recommend that shareholders vote in favour of the deal, in the absence of a superior proposal, the company said.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Comments

 

Latest Multimedia

Photo of Martin Creamer
On-The-Air (12/12/2025)
12th December 2025 By: Martin Creamer
 

Showroom

ECG Engineering
ECG Engineering

ECG provides specialised electrical engineering services to the Mining, Utilities, Materials Handling and Industrial industries, with extensive and...

VISIT SHOWROOM 
Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 10 December 2025
Magazine round up | 12 December 2025
12th December 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.18 0.28s - 185pq - 2rq
Subscribe Now