UK OKs Dundee’s $1.25B Adriatic buy
Dundee Precious Metals (TSX: DPM) has secured UK court approval for its acquisition of London-based silver-zinc miner Adriatic Metals (LSE: ADT1), a deal that it now expects to close this…
M&A
Evolve Royalties in $70M deal for Voyageur Explorers
Private firm Evolve Strategic Element Royalties is poised to acquire the Prairies- and copper-zinc-gold-focused Voyageur Mineral Explorers (CSE: VOY) in a reverse takeover valued at $70.3 million. Voyageur is…
Energy Fuels soars on Vulcan Elements partnership
Energy Fuels (NYSE-A: UUUU; TSX: EFR) and U.S. permanent magnet producer Vulcan Elements have teamed up to create what would be “a resilient domestic supply chain” for rare earth magnets…
Aris to exit Canada after $25M deal
Aris Mining (TSX: ARIS; NYSE-AM: ARMN) is set to leave Canada with the sale of its Juby gold project, its sole Canadian asset, to McFarlane Lake Mining (CSE: MLM; US-OTC:…
Pan American locks $2.1B takeover of MAG Silver
Pan American Silver (TSX, NYSE: PAAS) has secured final regulatory approval to complete its $2.1-billion (C$2.9-billion) acquisition of MAG Silver (TSX, NYSE: MAG), cementing control over one of Mexico’s most…
Peabody nixes $3.8B Anglo coal deal
Anglo American’s (LSE: AAL) efforts to streamline its business have hit a major roadblock after Peabody Energy (NYSE: BTU) scrapped a $3.8-billion (C$5.27-billion) deal to acquire its Australian metallurgical coal…
Harmony Gold’s MAC Copper takeover OK’d
Harmony Gold’s (JSE: HAR; NYSE: HMY) acquisition of MAC Copper (NYSE: MTAL; ASX: MAC) has cleared the final regulatory hurdle after Australia’s Foreign Investment Review Board gave its approval of…
GoviEx lists on ASX, rebrands as Atomic Eagle
GoviEx Uranium (TSXV: GXU) has entered the Australian capital market by combining with ASX-listed shell company Tombador Iron (ASX: TI1) in a proposed reverse takeover that would see GoviEx end…
African Rainbow boosts Surge Copper stake to 19.9%
African Rainbow Minerals (JSE: ARI), controlled by billionaire Patrice Motsepe, has increased its stake by another 6.5% in junior Surge Copper (TSXV: SURG) which is developing the Berg project that…
Dubai firm offers $10M lifeline to Lucapa Diamond
Lucapa Diamond (ASX: LOM), which holds the Lulo alluvial mine in Angola and the Merlin project in Australia, has struck a rescue deal with a Dubai-based group that could pull…
Gold Fields’ $2.4B Gold Road takeover vote nears
South Africa’s Gold Fields (NYSE, JSE: GFI) is closing in on its A$3.7 billion ($2.4 billion) takeover of Australia’s Gold Road Resources (ASX: GOR), with shareholders set to vote on…
Ganfeng, Lithium Argentina in $1.8B project merger
The partners aim to produce up to 150,000 tonnes per year of lithium carbonate equivalent (LCE) in three phases of 50,000 tonnes each.