ATAC board rebuffs Victoria Gold takeover bid
The Toronto-quoted equity of explorer ATAC Resources (TSXV: ATC) jumped about 38.5% on Monday following the weekend announcement by Victoria Gold (TSX: VGCX) of a takeover bid at an 85%…
M&A, Financing and Restructuring
B2Gold to buy Sabina Gold & Silver for $1.1B
Canada’s B2Gold (TSX: BTO; NYSE: BTG) is buying fellow precious metals miner Sabina Gold & Silver (TSX: SBB; US-OTC: SGSVF) in an all-stock deal worth $1.1 billion (US$824 million). The…
Yamana Gold, Pan American Silver shareholders approve Agnico Eagle deal
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) shareholders have approved the company’s acquisition by Pan American Silver (TSX: PAAS; NASDAQ: PAAS) and Agnico Eagle Mines (TSX: AEM; NYSE: AEM)….
VRIC 2023: Junior metals M&A to remain muted in 2023
Mining personality and resource speculator Rick Rule harbours little hope that the pace of junior resource sector mergers and acquisitions activity will quicken in the coming 12 months as quality…
2023 is ‘likely to surprise’ us as much as 2022 did, finds White & Case survey
Inflation and geopolitics have overtaken ESG as the biggest concerns for 2023, while energy costs, shifting supply chains, and climate-related regulation and activism still worry firms. Despite shared concerns, there…
Wesdome CEO resigns in surprise move after delayed projects, output
Wesdome Gold Mines (TSX: WDO) president and chief executive officer Duncan Middlemiss has resigned after the Kiena mine upgrade in Quebec fell behind schedule and the company missed production goals. …
Five trends that defined 2022
The Northern Miner has put together a list of five trends we believe encapsulate the drama of 2022. 1 Geopolitical ‘curveballs’ Russia’s invasion of Ukraine was certainly the biggest geopolitical…
Transformed Dolly Varden Silver in discovery mode, says CEO
Looking back on the past two years since he took the reins as CEO of Dolly Varden Silver (TSXV: DV), Shawn Khunkhun points to a critical acquisition the company made…
Roundup Preview: BC mining and exploration off to a strong start after tumultuous 2022
With high interest rates, high inflation and reduced access to finance, 2022 was a challenging year for the mineral exploration sector. But unofficial financial numbers point to a solid start…
Battery metal binge outweighs cost hikes at PolyMet copper-nickel project in Minnesota
Surging demand for battery metals is offsetting increased costs to build PolyMet Mining’s (TSX: POM) copper-nickel project in northeastern Minnesota, according to new estimates. Developing the first phase of the…
Osisko adds copper stream in Metals Acquisition’s billion-dollar Aussie deal
Osisko Gold Royalties (TSX: OR; NYSE: OR) is offering Metals Acquisition (NYSE: MTAL.U) US$75 million in funding to help it purchase the CSA copper mine in Australia from Glencore (LSE:…
Alamos Gold sells non-core royalties for $5M to Metalla
Alamos Gold (TSX: AGI; NYSE: AGI) is selling four non-core royalties to Metalla Royalty & Streaming (TSXV: MTA; NYSE American: MTA) for US$5 million in Metalla shares. The deal includes a silver stream on the Esperanza project in Morelos, Mexico and…