BlueScope Steel rejects $8.8B takeover offer
BlueScope Steel (ASX: BSL) has rejected an $8.8 billion takeover bid by U.S. steelmaker Steel Dynamics (Nasdaq: STLD) and Australian conglomerate SGH (ASX: SGH), accusing the…
M&A
Mineral, metal prices to edge higher: Fitch’s BMI
Most mineral and metal prices are expected to increase slightly this year as robust demand and tighter supply combine with declining tariff uncertainties, according to…
BlueScope plays down $8.8B takeover bid
Australia’s BlueScope Steel (ASX: BSL) said Monday it will likely reject an A$13.2 billion (US$8.8 billion) takeover proposal from a consortium led by Kerry Stokes-backed…
The Northern Miner’s most read stories of 2025
The Northern Miner’s 110th year showed continued leading coverage of the industry, with the new Canadian Treasure Hunt boosting readership and periodic delves into the…
First Quantum to sell Spanish mine for $190M
First Quantum Minerals (TSX: FM) agreed to sell the past-producing Cobre Las Cruces copper mine in Spain to an investment fund for up to $190…
Sierra Madre buys second silver mine from First Majestic in $60M deal
Sierra Madre Gold & Silver (TSXV: SM; US-OTC: SMDRF) is buying another past-producing mine from First Majestic Silver (NYSE, TSX: AG) to bolster its Mexico-focused…
Lundin Mining to sell Eagle mine to Talon for $84M
Share-based deal gives Talon processing assets in the US and a new CEO, while Lundin sharpens its focus on larger copper operations.
Canada OKs $53B Anglo-Teck merger
The Canadian government has approved the $53-billion mega-merger of Anglo American (LSE: AAL) and Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), clearing a major hurdle…
Fortescue agrees to buy Alta for $139M in copper push
Australia’s Fortescue (ASX: FMG) agreed to buy all of Peru-focused explorer Alta Copper (TSX: ATCU; US-OTC: DNCUD) in a C$139 million ($101 million) deal that…
Equinox exits Brazil in $1B China deal
Equinox Gold (TSX, NYSE-A: EQX) is selling its Brazilian operations to China’s CMOC Group in a deal worth over $1 billion (C$1.38 billion) to focus on North…
Li-FT Power agrees Winsome deal to expand in Quebec
Canadian lithium developer Li-FT Power (TSX-V: LIFT) agreed to buy Australia’s Winsome Resources (ASX: WR1) and add a majority stake in an Azimut Exploration (TSXV:…
Copper M&A: SolGold weighs higher $1.1B Jiangxi bid
Ecuador-focused miner SolGold (LSE: SOLG) has opened the door to a takeover from China’s Jiangxi Copper (JCC), which returned with a higher all-cash proposal valuing…