Lynas-Japan deal ‘insulates’ from China rare earth prices
A revised deal between Australia’s Lynas Rare Earths (ASX: LYC; US-OTC: LYSDY) and Japanese customer JARE firms up supplies of heavy rare earths and creates a price floor as a…
M&A
Lundin spends $215M to boost Chile footprint
Lundin Mining (TSX: LUN) agreed to pay $215 million (C$292 million) to boost its majority stake in Chile’s Caserones copper mine and acquire a piece of the nearby Los Helados…
Gold M&A: Pan African to buy Emmerson for $219M
All-share transaction would unite partners at Tennant Creek and give investors exposure to a larger gold producer.
How Canada’s biggest iron project is almost unknown
In the remote wilderness of northern Quebec sits the largest iron ore project you’ve never heard of – MetalQuest Mining’s (TSX: MQM; US-OTC: MQMIF) Lac Otelnuk. Hosting 4.9 billion tonnes in proven and probable reserves grading 28.7%…
Interactive infographic: 25 years of global mining M&A
Click on the “view details” bars in the infographic to learn more about each era.
Kazakhstan rules spur Canadian uranium explorer exit
Laramide Resources (TSX, ASX: LAM), one of the few Western companies to explore for uranium in Kazakhstan in recent years, is leaving the country as regulatory changes tighten restrictions on foreign participation. State miner Kazatomprom (LSE: KAP) – the world’s top uranium…
USA Rare Earth to buy final Round Top stake for $73M
USA Rare Earth (Nasdaq: USAR) is to acquire the remaining minority interest in the Round Top rare earth deposit in Texas in a $73 million all-stock deal, securing full control…
SSR Mining sells Copler mine in Turkey for $1.5B
Canada’s SSR Mining (TSX: SSRM; Nasdaq: SSRM) surged 15% in pre-market trading in New York on Wednesday after agreeing to sell its 80% stake in the Copler gold mine and…
Hudbay buys Arizona Sonoran for $1.48B
Hudbay Minerals (TSX, NYSE: HBM) said on Monday it will acquire Arizona Sonoran Copper (TSX: ASCU; US-OTC: ASCUF) in an all-share deal valued at about $1.48 billion (US$1 billion), creating what…
Aussie Alkane adds $2.2B listing to TSX
Confetti, cheers and an electronic bell welcomed Alkane Resources (ASX, TSX: ALK) to the Toronto Stock Exchange Wednesday as its latest listed company. The A$2.3-billion (C$2.2 billion) market cap Alkane…
Faraday jumps on Lundin-, BHP-backed $100M deal
Faraday Copper (TSX: FDY) is raising $100 million (US$73 million) through a private placement backed by the Lundin Family Trusts and BHP Group (ASX: BHP) to fund the ongoing development…
Lundin Gold sells silver stream to LunR in $670M deal
Lundin Gold (TSX: LUG) said it will sell a silver stream on its Fruta del Norte mine in Ecuador in return for newly issued shares of LunR Royalties (TSX-V: LUNR)…