Anglo American sells Australian coal JV stake for $1.5B
Anglo American (LSE: AAL) has agreed to sell its minority stake in an Australian coal mining joint venture for A$1.6 billion ($1.5 billion), marking a significant step in its strategy…
M&A
Jack and Adam Lundin are TNM’s Persons of the Year for 2024
Sometimes a discovery is so big, it takes generations to discover, define and develop – in order to become a mining district that produces metals for future generations. Over the…
TNM names 2024 award winners: Jack and Adam Lundin, Amparo Cornejo, and Ross Beaty
The Northern Miner has named Jack and Adam Lundin as its Persons of the Year for 2024. Amparo Cornejo, chief sustainability officer of Teck Resources, has been chosen as the winner…
Blue Moon appoints ex-Adventus CEO with M&A record after board shakeup
Blue Moon Metals (TSXV: MOON; US-OTC: BMOOF), a small developer that’s seen a shareholder battle over dilutive capital raisings, has chosen former Adventus Mining CEO Christian Kargl-Simard as its new head. The…
Excellon plans return to silver mining next year with Mallay mine deal in Peru
Excellon Resources (TSX: EXN; NYSE: EXN) has announced a deal to buy the past-producing Mallay silver mine in Peru, bringing the company back into silver production by mid-2025. The transaction…
‘We’ve moved on,’ BHP says of failed Anglo bid, before walking back comments
BHP’s (ASX: BHP) leadership gave its clearest indication yet that it won’t make another bid for smaller rival Anglo American (LSE: AAL), but later walked back some comments about “moving…
American Salars acquires lithium project in Quebec
Vancouver-based junior American Salars (CSE: USLI; US-OTC: USLIF) is acquiring the Lac Simard South lithium project in Quebec, close to Sayona Mining’s (ASX: SVA) lithium projects. It’s granting Quartier Mineral…
Military Metals buys Cold War-era antimony projects to light up West’s night vision goggles
Military Metals (CSE: MILI; US-OTC: MILIF) is buying two antimony projects in Slovakia dating from the Soviet era to boost Western supplies for defence applications such as night vision and infrared…
Hochschild Mining adds Cerrado project to Brazil portfolio
Precious metals producer Hochschild Mining (LSE: HOC) is expanding its presence in Brazil by exercising an option to buy Cerrado Gold‘s (TSXV: CERT) Monte Do Carmo project for up to US$60 million. The…
Asante Gold announces US$525M financing to support Ghana growth plans
Asante Gold (CSE: ASE) says it expects to raise US$525 million in two stages to fund its growth plans in Ghana, where it operates the Bibiani and Chirano gold mines…
Gold Fields completes Osisko buy for ownership of Windfall
South Africa’s Gold Fields (NYSE: GFI; JSE: GFI) said on Monday it had completed the $2.2-billion acquisition of Osisko Mining, which makes it the sole owner of the Windfall project…
Agnico Eagle takes 13% stake in ATEX Resources
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has taken a 13% stake in copper-gold explorer ATEX Resources (TSXV: ATX) with an investment totalling $55 million, which the latter will use…