G Mining to buy G2 Goldfields for $3B in Guyana play
Canadian miner G Mining Ventures (TSX: GMIN; US-OTC: GMINF) agreed to buy G2 Goldfields (TSX: GTWO; US-OTC: GUYGF) in a $3 billion (US$2.2 billion) all-share deal that would bring two…
M&A
Huge lithium deposit due on Nasdaq after $571M deal
A company holding one of the largest U.S. lithium development assets that’s already part of the government’s FAST-41 speedy permits stream is set to list on the Nasdaq following a…
Versamet Royalties buys $360M gold stream on Skeena’s Eskay Creek in BC
Versamet Royalties (TSX-V: VMET) agreed to buy a cornerstone gold stream on Skeena Resources’ (TSX: SKE; NYSE: SKE) Eskay Creek project in British Columbia in a $360-million (C$500-million) transaction that represents…
US agency to buy 20% stake in graphite miner Syrah
The United States International Development Finance Corp. (DFC) plans a strategic investment in Australia’s Syrah Resources (ASX: SYR), which owns Louisiana’s Vidalia active anode material facility and Mozambique’s Balama graphite…
Lynas expands non-China supply chain in Vietnam deal
Australia’s Lynas Rare Earths (ASX: LYC; US-OTC: LYSDY) is moving deeper into Asia’s non-Chinese production sector as it advances a deal with South Korea’s LS Eco Energy that includes about…
Saga Metals acquires titanium property from Rio Tinto
Critical minerals explorer Saga Metals (TSXV: SAGA) has acquired a prospective titanium asset in Quebec from Rio Tinto’s (ASX, LSE, NYSE: RIO) Canadian subsidiary. The Garneau property comprises 120 claims…
Energy Fuels notches first terbium rare earths output
Energy Fuels (NYSE: UUUU; TSX: EFR) has produced its first kilogram of terbium oxide from the White Mesa mill in Utah, marking another step in its domestic heavy rare earths…
SSR Mining sells Çöpler mine stake for $1.5B
SSR Mining (TSX: SSRM; Nasdaq: SSRM) shares rose 6.6% on Wednesday after the Canadian miner agreed to sell its 80% stake in Turkey’s Çöpler mine for $1.5 billion (C$2.07 billion)…
Gold M&A: Zijin unit gains control of rival Chifeng in $2.6B deal
Zijin Gold is acquiring a controlling stake in Chifeng Jilong Gold Mining for 18.3 billion yuan ($2.64 billion), reinforcing its position as China’s largest gold producer. The unit of Zijin…
Myriad sells New Mexico uranium project for 6X return
Myriad Uranium (CSE: M; US-OTC: MYRUF) plans to sell its Red Basin project in New Mexico to a new mining tech venture and partner with it on other uranium exploration…
Congo to OK first mine sale in US deal
The Democratic Republic of Congo (DRC) is reportedly ready to approve the sale of Chemaf to U.S.-based Virtus Minerals, advancing a strategic minerals partnership between Washington and the African nation…
Rio Tinto to delay Quebec lithium plant build
Rio Tinto (ASX, LSE: RIO) plans to slow the construction of its Nemaska lithium processing plant in Quebec due to rising costs, which could see its commissioning delayed, Bloomberg reported….