As majors thirst for copper, Filo bid premium seems awfully low
You might have seen the news: BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has just made its next major copper grab. This time, it’s for the prized Filo del Sol…
M&A, Financing and Restructuring
BHP, Lundin grab Filo in US$3B South American copper deal
Mining giant BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Canada’s Lundin Mining (TSX: LUN) have teamed up to acquire South America-focused Filo Corp. (TSX: FIL), in a US$3-billion ($4.1…
Video: Mining faces cash crunch following decades of neglect, Grosskopf says
Undervaluation remains a persistent issue for mining companies, particularly juniors, compared to other sectors like technology and biotech, SCP Resource Finance chairman Peter Grosskopf said in an interview this month….
Integra secures cash flow with Florida Canyon merger
A $95 million deal that would see Integra Resources (TSXV: ITR) acquire Florida Canyon Gold (TSX-V: FCGV) gives it producer status and immediate revenue to fund its pipeline of development…
Fission deal key to Paladin Energy’s plan to help plug uranium supply gap
Just months after rejoining the uranium producers’ club with the March restart of its Langer Heinrich mine in Namibia, Paladin Energy (ASX: PDN; US-OTC: PALAF) has set its sights on…
‘We can raise more money in the Middle East,’ says junior that left Canada for UAE
The graphite junior that redomiciled to the United Arab Emirates to access funding amid Canada’s clampdown on Chinese investment in critical minerals says it’s the first junior to do so,…
Video: Paladin eyes ‘world-class’ Fission asset amid growing uranium demand
In June, Australia’s Paladin Energy (ASX; PDN; US-OTC: PALAF) launched a $1.1-billion all-share bid for Fission Uranium (TSX: FCU; US-OTC: FCUUF) and its “world-class” Patterson Lake South project in Saskatchewan. …
Karora shareholders back Westgold Merger
Shareholders of Canada’s Karora Resources (TSX: KRR; US-OTC: KRRGF) have voted nearly unanimously in favour of a A$1.23 billion (US$817 million) acquisition by Australia’s Westgold Resources (ASX: WGX). The final…
Video: Junior market dominated by ‘the lame, the halt and the blind,’ says Rule
Over two-thirds of today’s junior miners are essentially worthless, says resource speculator Rick Rule. The problem is the market has trouble spotting the gems with high-quality assets, which often end…
Boyd, Roosen, Quartermain: It takes grit, invention, luck to make the big time
Perseverance, a focus on geology and financial discipline and some good breaks are what’s needed to make a mining titan, some of the industry’s leaders told a conference put on…
Video: Seabridge Gold seeks BC OK to keep KSM permits
Seabridge Gold expects to receive the “substantial start’ designation under British Columbia laws for permits allowing KSM, the world’s largest undeveloped gold project, CEO Rudi Fronk said in an interview….
SolGold signs US$750M gold stream deal for Ecuador project
Franco-Nevada (TSX: FNV NYSE: FNV) and Osisko Gold Royalties (TSX: OR, NYSE: OR) have agreed to provide US$750 million in funding to SolGold (TSX: SOLG; LSE: SOLG) for its Cascabel…