The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Waterton Global Resource Management is planning on making 10 to 15 acquisitions primarily in North America over the next four years.
Waterton Global Resource Management is planning on making 10 to 15 acquisitions primarily in North America over the next four years.
(iStockphoto)

Waterton bulks up to feed appetite for mining acquisitions

Private equity firm Waterton Global Resource Management Inc. has raised just over $1-billion for a fund to buy distressed precious metal assets, increasing the competition for those hoping to take advantage of the rout in mining stocks.

The Toronto-based firm is planning on making 10 to 15 acquisitions primarily in North America over the next four years.