Aus gold miner Ramelius refinances for $160M in debt
Australian gold miner Ramelius Resources (ASX: RMS) has secured a A$175 million ($160 million) revolving debt facility, along with government grants, to fund its operations and recent…
M&A
Anglo’s coal mine fire may delay reshuffle: BMO
A gas fire at Anglo American’s (LSE: AAL) Grosvenor metallurgical coal mine in northeast Australia could see operations suspended for more than one year and…
Lundin Mining to up stake in Caserones copper mine to 70%
Lundin Mining (TSX: LUN) said on Wednesday it will increase its ownership of the Caserones copper-molybdenum mine in Chile to 70% by acquiring an additional…
Gold Reserve raising US$30M to bid for Venezuela’s Citgo in asset seizure dispute
Gold Reserve (TSXV: GRZ; US-OTC: GDRZF), an exploration company that’s still trying to collect on what it’s owed by Venezuela for a 2008 expropriation of…
Paladin Energy to acquire Fission Uranium for $1.1B in all-stock deal
Fission Uranium (TSX: FCU; US-OTC: FCUUF) has agreed to be acquired by Australia’s Paladin Energy (ASX: PDN; US-OTC: PALAF) in an all-stock agreement valued at…
Gowest Gold to go private in deal that includes China-based investors
Citing tough financing markets, Canadian gold explorer Gowest Gold (TSXV: GWA) has agreed with a group of existing shareholders that collectively hold 91.5% of the…
Agnico exits Quebec JV with Maple Gold, but keeps back-in option
Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) has consolidated ownership of the Douay and Joutel gold projects in southwestern Quebec after a restructuring ended its…
M&A activity shows we’re far from a market top in commodities
There’s a long-held fable within investing circles that surging M&A activity can (at times) signal a market top. So, how does that come about? Just…
Considering M&A? Here’s what to ask
A large copper miner in Chile only found it had been overpaying a royalty by a significant amount after three ownership deals and 20 years…
Green Battery, Volt Carbon to jointly develop Quebec graphite project
Canadian explorer Green Battery Minerals (TSXV: GEM) and Volt Carbon Technologies (TSXV: VCT) have inked an agreement to co-develop the Berkwood graphite project, in northern Quebec….
Botswana in talks to raise stake in De Beers
Botswana confirmed on Monday market rumours that it plans to increase its shareholding in De Beers, as parent company Anglo American (LSE: AAL) prepares to…
Critical Metals to acquire 92% stake in rare earth project billed as one of world’s largest
The Tanbreez in Greenland, with a 28.2 million tonne TREO resource is expected to contain more than 27% heavy rare earth elements.