Franco-Nevada Corp.'s acquisition of a gold stream on G Mining Ventures Corp.'s preproduction-stage Tocantinzinho property in Brazil led metals and mining transactions during the week ended July 22, according to a screener on S&P Capital IQ Pro.

Through its Franco-Nevada (Barbados) Corp. subsidiary, the Ontario-based company acquired the Tocantinzinho metal stream from Quebec-based G Mining Ventures for $250.0 million. Under the deal, Franco-Nevada (Barbados) will receive 12.5% of the mine's gold production, reduced to 7.5% after the delivery of 300,000 ounces.

Vulcan Steel Ltd. agreed to acquire Ullrich Aluminium Co Ltd. for roughly $102.5 million, with closing anticipated in mid-September. The deal will be fully debt funded, and the company expects the transaction to be net profit and EPS accretive in 2023, Vulcan Steel said. Both companies are based in New Zealand.

U.K.-based Caledonia Mining Corp. PLC agreed to purchase Bilboes Gold Ltd. from undisclosed vendors for $53.3 million in shares and a 1% net smelter royalty. Bilboes Gold is the parent company of Zimbabwe-based Bilboes Holdings (Private) Ltd., which owns the Bilboes gold property.

Magang (Group) Holding Co. Ltd. will acquire an additional 9.88% stake in Ouye Lianjin Renewable Resources Co. Ltd. from Maanshan Iron & Steel Co. Ltd. for about $51.6 million. Upon completion, Magang Group will have a 47.55% equity interest in Ouye Lianjin. All three companies are based in China.

Rounding out the top five transactions of the week, Ontario-based KWG Resources Inc. agreed to purchase four mining claims at the early stage Koper Lake-Mcfaulds project in Ontario from British Columbia-based Fancamp Exploration Ltd. for $26.8 million. KWG Resources also agreed to grant Fancamp a 2.0% net smelter royalty. The deal is subject to a right of first refusal by majority-owner Bold Ventures Inc.

S&P Global Commodity Insights produces content for distribution on S&P Capital IQ Pro.