Atlantic Lithium shuns takeover by major African shareholder
Atlantic Lithium (AIM: ALL, ASX: A11, US-OTC: ALLIF) is once again turning down a proposed takeover by 24.5% shareholder Assore International Holdings, which has offered…
M&A
Iamgold moves to buy rest of royalty company Euro Ressources
Iamgold (TSX: IMG; NYSE: IAG) plans to pay about US$23 million for the shares it doesn’t already owns in French precious metals royalties company Euro…
Teck sells coal assets to Glencore, steelmakers for US$8.9B to focus on copper
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) is selling its coal assets to Glencore (LSE: GLEN) and two Asian steelmakers for US$8.9 billion, Teck said on Nov. 14. …
Newmont aims to sell US$2B in assets post-Newcrest
Newmont (NYSE: NEM) plans to raise US$2 billion in cash through mine sales and project divestments following the acquisition of Newcrest Mining. The approximately US$15…
Mineral Resources ups stake in Azure as Australia lithium consolidation heats up
Australia’s Mineral Resources (ASX: MIN) has acquired additional shares in Azure Minerals (ASX: AZS), raising its stake in the battery metals project developer to 12.3%. This comes…
CanAlaska shareholders OK nickel spinout
CanAlaska Uranium (TSXV: CVV; US-OTC: CVVUF) has received shareholder approval to spin out its five nickel properties into a new wholly owned subsidiary known as…
IsoEnergy takes over Consolidated Uranium for top-tier spot in Saskatchewan, Utah
Canadian nuclear fuel project developer IsoEnergy (TSXV: ISO; US-OTC: ISENF) is taking over Consolidated Uranium (TSXV: CUR; US-OTC: CURUF) in an all-stock deal elevating it into…
Savannah Resources denies reports of Barroso project, company sale
Savannah Resources (AIM: SAV) denied on Monday reports indicating it had kicked off a sale process for its Barroso project in Portugal, slated to be…
Victoria Gold acquires Sabre Gold’s Yukon assets for $13.5M
Victoria Gold (TSXV: GCX) is acquiring all of Sabre Gold Mines‘ (TSX: SGLD) assets located in the Yukon, which include the former-producing Brewery Creek mine…
Granite Creek seeks copper major for merger with mothballed Minto mine in Yukon
Granite Creek Copper (TSX-V: GCX; US-OTC: GCXXF), part of the Metallic Minerals Group, wants to attract a major company to consolidate a Yukon area into…
Newcrest interim CEO on Newmont merger, and why copper could soon outshine gold
Sherry Duhe has only been in the mining world for a year and half. But she’s already been tasked with steering Australia’s largest gold miner,…
Australian lithium M&A heats up with Develop Global’s bid for Essential Metals
Australian base metals explorer Develop Global (ASX: DVP) is buying coveted fellow lithium developer Essential Metals (ASX: ESS) in a share-based deal worth about US$102 million…