Sirios to buy OVI Mining in $23M Roosen-backed deal
Sirios Resources (TSXV: SOI; US-OTC: SIREF) shares soared after it announced its acquisition of private explorer OVI Mining in a northwest Quebec-focused deal worth about…
M&A
ACG walks from Anglo Asian after deal fails test
ACG Metals (LSE: ACG) said Thursday it will not make an offer for Anglo Asian Mining (LSE: AAZ) after a “thorough review” found the move…
Anglo American, Teck shareholders OK $53B merger
Anglo American (LSE: AAL) and Teck Resources (TSX:TECK.A | TECK.B) announced their shareholders on Tuesday approved a $53-billion merger vying to be the largest mining…
Rio2 expands with $241M deal for Peru copper mine
Rio2 (TSX: RIO), a gold developer advancing one of the largest undeveloped oxide gold projects in the Americas, is expanding to diversified producer via a…
Contango Ore agrees $812M deal to buy Dolly Varden
Contango Ore (NYSE-A: CTGO) agreed to buy Canada’s Dolly Varden Silver (TSX-V: DV; NYSE-A: DVS) to create a mid-tier silver and gold producer by adding…
Anglo scraps exec bonus vote as Teck merger looms
Anglo American (LSE: AAL) has dropped a proposal to change executive bonus awards from the agenda of tomorrow’s shareholder vote on its merger with Canada’s…
Orla Mining plunges as Fairfax trims stake
Shares of Orla Mining (TSX: OLA) have plunged after Fairfax Financial Holdings (TSX: FFH, FFH.U) sold nearly half of its stock in the company at…
Global scramble to lift minerals prices in 2026: Fitch
Most mineral and metal prices should edge higher in 2026 as net-zero demand, tighter supply and an intensifying global race for resources offset persistent weakness…
Gold Royalty adds BHP’s Brazil mine in $70M deal
Gold Royalty (NYSE-A: GROY) has agreed to buy an existing royalty on the Pedra Branca mine held by BlackRock World Mining Trust for $70 million…
Pan American grabs 14.7% stake in Galleon Gold
Pan American Silver (TSX, NYSE: PAAS) has taken a 14.7% stake in Galleon Gold (TSX-V: GGO) after buying 18.75 million units in the explorer and…
Appian backs Atlantic’s Barrick mine buyout with $150M
U.K. private-equity firm Appian Capital Advisory said on Wednesday it has provided a US$150 million financing package to support the Atlantic Group’s buyout of a…
BHP’s latest bid for Anglo topped $53B: report
The world’s largest miner offered £34/share (approx. $42.5), a 24% premium to Anglo’s £27.36 close, but it was not enough to succeed.