Gina Rinehart ups stake in lithium-focused Vulcan
Gina Rinehart, the billionaire mining magnate who owns Hancock Prospecting, has boosted her ownership in Vulcan Energy Resources (ASX: VUL) to 7.5% by injecting nearly…
M&A
Codelco and SQM agree on final lithium deal
Chile’s state-run copper miner Codelco and the world’s second-largest lithium producer SQM (NYSE: SQM) inked a definitive agreement on Friday to jointly exploit the country’s…
Silver Lake shareholders approve merger with Red 5
The A$2.2-billion ($1.5bn) deal creates Australia’s fifth largest gold producer.
BHP abandons US$49B bid for Anglo
BHP (ASX: BHP) is walking away from its US$49.2 billion offer for Anglo American (LSE: AAL) after the companies couldn’t agree on how to handle the…
Aura buys two projects near Matupá gold property in Brazil
Mid-tier gold-copper miner Aura Minerals (TSX: ORA; US-OTC: ORAAF) recently acquired two projects in Mato Grosso, Brazil, with a view of bolstering resources at its…
Muddy Waters targets Mayfair Gold for board takeover
Muddy Waters Capital, the American hedge fund that often short-sells companies, is instead taking a long position in plans to take over Mayfair Gold (TSXV: MFG)…
Golden Minerals sells Mexico mines in shift to Argentina
Golden Minerals (NYSE-A: AUMN, TSX: AUMN) announced on Friday it has sold its primary assets in Mexico comprising the Velardeña properties in Durango state that…
Eurobattery Minerals to acquire majority stake in Spanish tungsten miner
Swedish miner Eurobattery Minerals (FRA: EBM) has signed a non-binding letter of intent to invest €2.5 million ($3.7 million) in Spanish company Tungsten San Juan…
Contango grows Alaska gold footprint with two buys
Emerging North American gold producer Contango Ore (NYSE-A: CTGO) is boosting its landholding and production in Alaska with the acquisition of Canada’s HighGold Mining (TSXV:…
Pan American Silver sells La Arena gold project in Peru to Zijin Mining for US$295M
Pan American Silver (TSX: PAAS; NYSE: PAAS) is selling its La Arena gold mine in Peru to China’s Zijin Mining for US$245 million cash upfront…
Treasury Metals to buy Giustra-backed Blackwolf Copper and Gold
Treasury Metals (TSX: TML; US-OTC: TSRMF) is bolstering its balance sheet and management with a deal to acquire Alaska-focused Blackwolf Copper and Gold (TSXV: BWCG;…
Anglo American copper assets worth US$35B: analyst
BHP’s (ASX, LSE, NYSE: BHP) bold move last week to approach Anglo American (LSE: AAL) with an unsolicited US$39 billion takeover offer has as its…