Minerals 260 buys $150M Aus gold project from Zijin
Junior explorer Minerals 260 (ASX: MI6) says it will acquire the brownfield Bullabulling gold project in Western Australia from Chinese diversified major Zijin Mining (SH:…
M&A
Cleveland-Cliffs seeks US Steel with Nucor: CNBC
Cleveland-Cliffs (NYSE: CLF) is reportedly collaborating with its rival Nucor (NYSE: NUE) on a potential bid to acquire US Steel (NYSE: X), CNBC reported on Monday….
Mosaic to sell Brazilian phosphate mine for US$125M
Tampa-based fertilizer company Mosaic (NYSE: MOS), the world’s fourth-largest potash producer, said on Monday that it has agreed to sell a phosphate mine and tailings…
Zijin in talks to buy US$6.4B China lithium miner
Chinese copper and gold producer Zijin Mining Group (HK: 2899) revealed on Friday it is in talks with Zangge Mining’s top two shareholders to buy a…
Nippon Steel to sue Washington after Biden blocks US$14.1B US Steel deal – Nikkei
Nippon Steel says it will sue the United States government, challenging the procedures behind President Joe Biden’s order to block its acquisition of US Steel,…
Mako to acquire Moss gold mine in Arizona
Mako Mining (TSXV: MKO; US-OTC: MAKOF) said this week it intends to acquire the Moss gold mine in Arizona from EG Acquisition, a company established by Mako’s main…
ACG’s US$200M in bonds to finance Turkey copper mine
ACG Metals (LSE: ACG), founded by a mining executive who helped create aluminum giant Rusal, plans to raise US$200 million in bonds to help fund the…
Triple Flag to net Tres Quebradas lithium project royalty
Triple Flag Precious Metals (TSX: TFPM; NYSE: TFPM) will buy an existing 0.5% gross overriding revenue royalty on the construction-stage Tres Quebradas lithium project in…
Arcadium Lithium investors sue it for negligence over US$6.7B Rio Tinto takeover
Arcadium Lithium (NYSE: ALTM; ASX: LTM) is facing legal challenges after shareholders filed lawsuits alleging misrepresentation and negligence linked to Rio Tinto’s (ASX, LON, NYSE:…
Sierra Metals shares jump on takeover offer from Peruvian firm
Alpayana SAC, a private Peruvian mining company, said Friday it would bypass Sierra Metals‘ (TSX: SMT) board and make a direct, all-cash offer of 85¢…
Norge Mining buys Europe’s largest natural graphite producer
Skaland mine is the world’s highest-grade, operating flake graphite mine and the fourth-largest graphite mine outside China.
O3 Mining shares surge on $204M Agnico Eagle takeover offer
O3 Mining (TSXV: OIII) shares soared 55% Thursday morning after it signed an agreement for Agnico Eagle Mines (TSX: AEM; NYSE: AEM) to acquire it…