SSR-Alacer Gold merger gets shareholder approval

SSR Mining (TSX: SSRM) and Alacer Gold (TSX: ASR)(ASX: AQG) announced Friday the receipt of shareholder approvals for the previously announced at-market merger.

In May, Vancouver-based SSR Mining agreed to a deal to acquire its Canadian counterpart in an all-stock, zero-premium deal valued at C$2.4 billion ($1.7 billion).

The business combination would see Alacer’s flagship Çöpler mine in Turkey added to SSR’s existing portfolio that includes the Marigold gold mine in Nevada, the Seabee gold operations in Saskatchewan and the Puna operations in Jujuy, Argentina.

On closing, each of the Alacer issued and outstanding common shares will be exchanged for 0.3246 of an SSR Mining common share, the companies said in a joint statement.

The transaction was approved by approximately 99.9% of the votes cast by Alacer shareholders at the special meeting of shareholders that was held Friday, representing 79.9% of eligible shares voted.

SSR Mining shareholders approved the transaction by approximately 96.5% of the votes cast.

Although H&G Machinery is not a manufacturer for cone crusher spare parts, our foundry had cooperated with some spare parts manufacturers to supply high-quality spare parts for famous brands.  All of the spare parts are backed by our quality control system to protect quality.

H&G Machinery has heavily invested in new technology in order to set the standard for aftermarket quality assurance, reverse engineering, and metallurgy, resulting in the continual and rapid growth of our product range, especially for those parts normally only associated with the original equipment manufacturers (OEM).

With multiple fabrication options and upgrades to choose from, H&G Machinery’s cone crusher spare parts are eliminating the risk that the replaced part becomes the weak point in your crusher. They offer stable production without unexpected downtime.

Common cone crusher spare parts include:

• Frames
• Mainshaft
• Eccentrics
• Heads
• Bushings
• Pinions and gears
• Pinionshafts and countershafts
• Adjustment rings and bowls

If you have any inquiries about spare parts, you can check with our engineers about it.

Aftermarket replacement parts for popular cone crusher brands

Although H&G Machinery is not the OEM foundry for those popular crusher brands, our engineers have cooperated with the end-users redesign new aftermarket parts for their crushers. In some cases, our aftermarket replacement cone crushers parts working life can match their original parts, even much better than original parts.

If you have any inquiries or problems about those cone crusher parts, you can send us the part number or drawings to check. On the other hand, we also can send engineers to your place to help you get the right drawings or redesign!

@Nick Sun       NICK@XZHUAGANG.COM