Fortescue agrees to buy Alta for $139M in copper push
Australia’s Fortescue (ASX: FMG) agreed to buy all of Peru-focused explorer Alta Copper (TSX: ATCU; US-OTC: DNCUD) in a C$139 million ($101 million) deal that accelerates a pivot into copper…
M&A
Equinox exits Brazil in $1B China deal
Equinox Gold (TSX, NYSE-A: EQX) is selling its Brazilian operations to China’s CMOC Group in a deal worth over $1 billion (C$1.38 billion) to focus on North America. The assets include the Aurizona mine…
Li-FT Power agrees Winsome deal to expand in Quebec
Canadian lithium developer Li-FT Power (TSX-V: LIFT) agreed to buy Australia’s Winsome Resources (ASX: WR1) and add a majority stake in an Azimut Exploration (TSXV: AZM) project to boost its…
Copper M&A: SolGold weighs higher $1.1B Jiangxi bid
Ecuador-focused miner SolGold (LSE: SOLG) has opened the door to a takeover from China’s Jiangxi Copper (JCC), which returned with a higher all-cash proposal valuing the company at about £842…
Sirios to buy OVI Mining in $23M Roosen-backed deal
Sirios Resources (TSXV: SOI; US-OTC: SIREF) shares soared after it announced its acquisition of private explorer OVI Mining in a northwest Quebec-focused deal worth about $23 million.The acquisition of OVI,…
ACG walks from Anglo Asian after deal fails test
ACG Metals (LSE: ACG) said Thursday it will not make an offer for Anglo Asian Mining (LSE: AAZ) after a “thorough review” found the move would not create value. The…
Anglo American, Teck shareholders OK $53B merger
Anglo American (LSE: AAL) and Teck Resources (TSX:TECK.A | TECK.B) announced their shareholders on Tuesday approved a $53-billion merger vying to be the largest mining deal of the decade. The…
Rio2 expands with $241M deal for Peru copper mine
Rio2 (TSX: RIO), a gold developer advancing one of the largest undeveloped oxide gold projects in the Americas, is expanding to diversified producer via a $241-million deal for copper mine…
Contango Ore agrees $812M deal to buy Dolly Varden
Contango Ore (NYSE-A: CTGO) agreed to buy Canada’s Dolly Varden Silver (TSX-V: DV; NYSE-A: DVS) to create a mid-tier silver and gold producer by adding one of the largest high-grade…
Anglo scraps exec bonus vote as Teck merger looms
Anglo American (LSE: AAL) has dropped a proposal to change executive bonus awards from the agenda of tomorrow’s shareholder vote on its merger with Canada’s Teck Resources (TSX:TECK.A | TECK.B)…
Orla Mining plunges as Fairfax trims stake
Shares of Orla Mining (TSX: OLA) have plunged after Fairfax Financial Holdings (TSX: FFH, FFH.U) sold nearly half of its stock in the company at a below-market price. The miner…
Global scramble to lift minerals prices in 2026: Fitch
Most mineral and metal prices should edge higher in 2026 as net-zero demand, tighter supply and an intensifying global race for resources offset persistent weakness in China’s property sector, BMI,…