{
 "resource": "comparable_transactions",
 "feed_version": "1.0.0",
 "dataset_version": "v2.4.3",
 "count": 25,
 "categories": {
  "intl_comp": 6,
  "capex_benchmark": 1,
  "african_ma": 15,
  "financing_jv": 1,
  "financing_benchmark": 1,
  "offtake": 1
 },
 "year_range": "2015-2025",
 "normalisation": "comparable_transactions_normalisation_methodology v0.1 (published)",
 "note": "25 is the canonical count; 28/30 in any document are stale drift. PUBLIC TIER: 3 sample records below; the full curated set with metrics and value-status flags is a Pro deliverable.",
 "access": "Full record available on Pro — the public feed carries the decision-grade summary; depth is a paid deliverable. https://afrimintel.com/pricing",
 "sample_records": [
  {
   "year": 2024,
   "acquirer": "Gold Fields",
   "target": "Osisko Mining (Windfall, Canada - intl comp)",
   "commodity": "Au",
   "country": "Canada",
   "stage": "Dev",
   "deal_usd_m": 1570,
   "resource_moz": 3.9,
   "ev_per_oz": 403,
   "ver": "sourced",
   "cat": "intl_comp",
   "notes": "International Au dev-stage benchmark. C$2.16bn = US$1.57bn per Gold Fields (currency-corrected). [verified 2026-05-30]"
  },
  {
   "year": 2024,
   "acquirer": "Barrick Mining",
   "target": "Lumwana Super Pit expansion (capex, not M&A)",
   "commodity": "Cu",
   "country": "Zambia",
   "stage": "Op",
   "deal_usd_m": 2000,
   "resource_mt": 2000,
   "ev_per_t_cu": null,
   "ver": "sourced",
   "cat": "capex_benchmark",
   "notes": "US$2.0bn Super Pit expansion CAPEX (FS Feb 2025; launched Oct 2024). NOT an acquisition/JV. Year corrected 2023->2024. [verified 2026-05-30]"
  },
  {
   "year": 2023,
   "acquirer": "BHP (Kabanga Nickel stake)",
   "target": "Kabanga Nickel (17% via two investments)",
   "commodity": "Ni-Co",
   "country": "Tanzania",
   "stage": "Dev",
   "deal_usd_m": 90,
   "resource_mt": 58,
   "ev_per_t_ni": null,
   "ver": "sourced",
   "cat": "african_ma",
   "notes": "BHP invested US$90M total for 17% (US$50M initial Jan 2022 incl US$10M into Lifezone; doubled by 2023). Was $60M (corrected). BHP exited Jul 2025, selling 17% to Lifezone for up to US$83M deferred; Lifezone ~84% (Tanzania Govt 16%). [verified 2026-05-30]"
  }
 ]
}