B2Gold to buy Sabina Gold & Silver for $1.1B
Canada’s B2Gold (TSX: BTO; NYSE: BTG) is buying fellow precious metals miner Sabina Gold & Silver (TSX: SBB; US-OTC: SGSVF) in an all-stock deal worth $1.1 billion (US$824 million). The…
Financial Matters, M&A
VRIC 2023: Junior metals M&A to remain muted in 2023
Mining personality and resource speculator Rick Rule harbours little hope that the pace of junior resource sector mergers and acquisitions activity will quicken in the coming 12 months as quality…
Five trends that defined 2022
The Northern Miner has put together a list of five trends we believe encapsulate the drama of 2022. 1 Geopolitical ‘curveballs’ Russia’s invasion of Ukraine was certainly the biggest geopolitical…
TSX gains 2% in year’s first trading week
Markets got off to a good start in 2023 with the S&P/TSX Composite Index rising 429.59 points or 2.2% to finish the holiday shortened Jan. 3-6 trading week at 19,814.51….
TSX, mining and metal indices see gains during Nov. 28–Dec. 2 trading week
The markets this week saw the TSX rally to its highest closing level in nearly six months on Dec. 1, buoyed by news that U.S. Federal Reserve Chair Jerome Powell could…
Austral Gold sells Pinguino project in Argentina to ASX-listed E2 Metals
Austral Gold (TSXV: AGLD; ASX: AGD) is selling its Pinguino polymetallic project in Argentina to E2 Metals (ASX: E2M) for US$10 million in cash and shares, the companies said on…
SQM expects high lithium prices to stay put
Chile’s SQM (NYSE: SQM), the world’s second largest lithium producer, expects prices for the battery metal to stay high into 2023 on the back of soaring demand boosted by strong…
EnCore Energy shares slide on buying another uranium plant in Texas
enCore Energy (TSXV: EU;OTCQB: ENCUF) says it is buying the past-producing Alta Mesa uranium project in Texas from Energy Fuels (TSX: EFR) for US$120 million in a deal boosting its…
Canada draws a line on critical minerals, but leaves unanswered questions
Less than a year after the federal government approved the takeover of Neo Lithium by China’s Zijin Mining without a full national security review under the Canada Investment Act, it…
Gold Fields won’t raise offer for Yamana Gold after rival bid
Gold Fields (NYSE: GFI; JSE: GFI) has ruled out the possibility of raising its offer for Yamana Gold (TSX: YRI; NYSE: AUY) after two Canadian miners teamed up last week…
Prairie Creek zinc project to get push from equity firm buyout of NorZinc
Resource Capital Funds, a Denver-based private equity company focused on mining, is buying the rest of NorZinc (TSX: NZC) to boost its Prairie Creek zinc project in the Northwest Territories….
Equinox Partners takes a stand against mining’s nonaligned directors
When Equinox Partners Investment Management adopted a strict voting policy against industry directors who have served for two or more years but have invested less than two years of director’s…