M&A NEWS

Artemis Gold agrees US$427m all-share takeover of Vista Gold

The Canadian producer adds Australia's Mt Todd project as a second growth leg behind Blackwater.

M&A News deals deskMining · Canada21 Sept 2026

Artemis Gold has signed a definitive agreement to acquire Vista Gold in an all-share transaction valued at about US$427m. The deal was signed on 20 September 2026 and announced the next day.

Vista Gold website: vistagold.com

Market context

Mt Todd, about 290km south-east of Darwin, holds around 9.1m ounces of measured and indicated resources and is permitted for a 50,000-tonne-a-day plant. Artemis says Blackwater remains its priority through the EP2 expansion targeted for mid-2028, after which Mt Todd would be developed; Artemis already owned about 4.95% of Vista.