Northern Star rejects Elliott push for company sale
Australia’s top gold miner is rebuffing activist pressure as leadership change and operational challenges weigh on performance.
M&A
Boroo’s bid to buy former Eagle gold site raises questions among miners
Private investment company Boroo is considering whether to buy the former landslide-devastated Eagle Mine site in Yukon, raising hopes it can revive the mine and help the territory press ahead. The Singapore-based firm with a focus on troubled assets has entered an exclusivity agreement until…
Elliot pushes Australia’s top gold miner to weigh sale
Activist investor Elliott wants Northern Star Resources to review strategy, leadership and board composition.
Kinross is flush but not feeling forced into M&A
Kinross Gold (TSX: K; NYSE: KGC) CEO J. Paul Rollinson says the company is in no rush to pursue mergers and acquisitions despite a surge in dealmaking across the sector, arguing its…
Barrick weighs UK listing for African assets in $30B tie-up with Endeavour
Barrick Mining (TSX: ABX) (NYSE: B) is said to be weighing up a London listing for its African business, a move that may involve merging with Endeavour Mining (LON, TSX: EDV), Reuters…
Cameco pays $115M to boost Cigar Lake interest
Cameco (TSX: CCO; NYSE: CCJ) has lifted its ownership of the Cigar Lake mine in northern Saskatchewan after buying out Japan’s TEPCO Resources’ joint venture interest together with Orano in…
CEO chat: Montage Gold expands West Africa footprint as Koné first pour nears
Côte d’Ivoire-focused Montage Gold (TSX: MAU; US-OTC: MAUTF) is digging deeper into West Africa as it expands exploration, even as Sahel tensions spur other Western miners to adapt to tougher…
SME New York: Critical minerals boom lifts dealmaking
Global mining M&A is gaining momentum this year, driven by a surge in critical minerals deals, rising government intervention and a shift towards supply chain security, speakers said this week…
Elemental Royalty to buy Vizsla Royalties for $327M
Elemental Royalty (TSX: ELE; Nasdaq: ELE) is acquiring Vizsla Royalties (TSX-V: VROY; US-OTC: VROY) in a $327-million (US$239-million) deal, offering a 31% premium as the company continues consolidating the royalty…
Gold M&A: Equinox, Orla combine as $18.5B miner
Equinox Gold (TSX: EQX; NYSE: EQX) said on Wednesday it would acquire Orla Mining (TSX: OLA; NYSE: ORLA) in a deal valued at about US$18.5 billion (C$25.4 billion), creating a…
Gold M&A: Denarius scraps Emerita takeover in Spain
Denarius Metals (CBOE: DMET; US-OTC: DNRSF) dropped efforts to acquire Emerita Resources (TSX-V: EMO; US-OTC: EMOTF), ending a three-week takeover campaign after the Spain-focused explorer refused to hold talks over…
Gold M&A: Regis, Vault merge to create $7.7B producer
Regis Resources (ASX: RRL) has agreed to merge with Vault Minerals (ASX: VAU) in an all-share deal valued at about A$10.7 billion (US$7.7 billion), creating a new senior gold producer…