Novagold creates $4.2B US gold giant with Donlin deal
Novagold Resources (NYSE-A, TSX: NG) will acquire the Donlin Gold stake in Alaska it does not already own from Paulson Advisors in an all-stock transaction…
M&A
Barrick bets on BC with 9.9% Kingfisher stake
Barrick Mining (TSX: ABX; NYSE: B) is acquiring an almost 10% stake in Canadian explorer Kingfisher Metals (TSX-V: KFR) through a $20.9-million private placement, backing…
London Gold offers $25M for Bolivia-focused Bocana
Privately held London Gold LLC is moving towards a $25 million (C$35 million) cash and stock deal for Americas-focused explorer Bocana Resources (TSXV: BOCA), which…
Forrest’s $133M tungsten bet rockets EQR shares
Mining billionaire Andrew Forrest has agreed to buy a 17% stake in EQ Resources (ASX: EQR) from Oaktree Capital Management, sending the Australian tungsten producer’s…
Predictive invests in Awalé alongside Newmont, Fortuna
Predictive Discovery (ASX, TSX: PDI), a gold producer in West Africa, is taking a 12% stake in Awalé Resources (TSXV: ARIC), increasing its exposure to…
Altius raises C$182M after royalty buys
Altius Minerals (TSX: ALS; US-OTC: ATUSF) is raising $182 million (US$130 million) through a bought-deal share offering to strengthen its balance sheet following a series…
First Quantum explores Taca Taca stake sale: report
First Quantum Minerals (TSX: FM) is exploring the sale of a minority stake in its giant Taca Taca copper project in Argentina as the world’s…
Elevate buys Marenica stake to build Erongo scale
Elevate Uranium (ASX: EL8; US-OTC: ELVUF) will buy another 15% of the Marenica uranium project in Namibia, tightening control to 90% of a growing asset…
Genesis boss says Vault merger is perfect pairing to create 3rd-biggest Aus-listed gold miner
Genesis Minerals (ASX: GMD) says its proposed merger with Vault Minerals (ASX: VAU) is the “perfect pairing” to create Australia’s third-largest locally-listed gold producer with…
De Beers idles South Africa’s top diamond mine
De Beers will suspend production at its Venetia mine, South Africa’s highest-value diamond operation, for two years as the company cuts costs and streamlines its…
Canada Nickel to sell Lucas gold project to Noble
Canada Nickel (TSXV: CNC) has signed a binding letter of intent (LOI) to sell the Lucas gold project in northern Ontario to Noble Mineral Exploration (TSXV:…
Regis ends Vault chase, clearing way for Genesis deal
Australia’s Regis Resources (ASX: RRL) has abandoned its pursuit of Vault Minerals (ASX: VAU), clearing the way for Genesis Minerals’ (ASX: GMD) $3.9 billion (A$5.6-billion)…