Alpha Lithium rejects buyout bid by Spanish firm
Tecpetrol said it was prepared to engage with Alpha “immediately” and improve its $178 million (C$241m) all-cash offer.
M&A, Financing and Restructuring
Australia’s Silver Lake ups bid for St Barbara’s Leonara by US$29M
Silver Lake Resources (ASX: SLR) isn’t giving up on St Barbara’s Leonara gold complex. The Perth-based company has submitted a third bid for the asset that increases the cash component…
How to finance early-stage mining projects
Early-stage mining projects should keep financing simple to avoid later entanglements, experts told a conference in New York this month. Raising capital through share issues is the easiest path…
Pembridge Resources in trading halt as it seeks liquidation
The trading of Pembridge Resources’ shares (LSE: PERE) came to a halt on Thursday after the embattled miner said the board had decided to place the firm into creditors’ voluntary…
Silvercorp to buy copper-gold focused junior Celsius Resources
Silvercorp Metals (TSX: SVM) is moving towards being a diversified precious-base metals producer with the signing of a preliminary agreement to acquire Australia’s Celsius Resources (ASX: CLA) in a stock-plus-cash…
Glencore bid for Teck faces stiff Canuck rules, pride as mining M&A activity triples
Glencore (LSE: GLEN) faces an uphill battle to buy Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) because of Canadian nationalism despite surging mergers and acquisitions in the critical minerals space. The…
Livent, Allkem create world’s No. 3 lithium miner in US$10.6B merger
Lithium firms Allkem (ASX: AKE) and Livent (NYSE: LTHM) are shaking up the sector by merging to form the world’s third-largest miner of the key metal used in the batteries that power…
Canadian group led by Lassonde plans to buy Teck’s coal mines
Shares in Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, jumped on Tuesday on news that a consortium led by mining veteran Pierre Lassonde had proposed to buy…
TSX Venture ekes out a gain during May 1-5 trading week
The S&P/TSX Venture Composite Index inched 2.02 points or 0.3% higher over the May 1-5 trading session to close at 615.4. Sigma Lithium led the charge among value gainers, which…
Colonial boss scores two kicks at same coal can for billions in B.C.
David Austin has already sold what may be the largest undeveloped metallurgical coal land package in western Canada for several billion dollars. Now, in a strange twist of fate, he’s…
American Pacific adds Centerra Gold to roster of prospecting partners
Canadian exploration outfit American Pacific Mining (CSE: USGD; US-OTC: USGDF) on May 2 agreed to buy privately held Clearview Gold in a deal valued at $5 million, thus adding a…
Gold Fields buys half of Osisko’s Windfall high-grade gold project in Quebec
Gold Fields (NYSE: GFI; JSE: GFI), the eighth-largest miner by market value, has joined with Osisko Mining (TSX: OSK) to back the Windfall gold project in Quebec, one of Canada’s…