EnCore Energy shares slide on buying another uranium plant in Texas
enCore Energy (TSXV: EU;OTCQB: ENCUF) says it is buying the past-producing Alta Mesa uranium project in Texas from Energy Fuels (TSX: EFR) for US$120 million in a deal boosting its…
M&A, Financing and Restructuring
Triple Flag to buy Maverix Metals creating fourth largest streaming and royalty firm
Canada’s Triple Flag Precious Metals (TSX: TFPM) is buying smaller peer Maverix Metals (TSX: MMX) in a deal valued at $606 million, which would consolidate it as the world’s fourth-largest senior streaming and…
Canada draws a line on critical minerals, but leaves unanswered questions
Less than a year after the federal government approved the takeover of Neo Lithium by China’s Zijin Mining without a full national security review under the Canada Investment Act, it…
Gold Fields won’t raise offer for Yamana Gold after rival bid
Gold Fields (NYSE: GFI; JSE: GFI) has ruled out the possibility of raising its offer for Yamana Gold (TSX: YRI; NYSE: AUY) after two Canadian miners teamed up last week…
Pan American, Agnico Eagle throw wrench in Gold Fields-Yamana deal
Pan American Silver (TSX: PAAS; NASDAQ: PAAS) and Agnico Eagle Mines (TSX: AEM; NYSE: AEM) have announced a rival offer for Yamana Gold (TSX: YRI; NYSE: AUY), throwing Gold Fields’…
Lithium Americas to split into two companies
Lithium Americas (TSX: LAC; NYSE: LAC) plans to separate its North American and Argentine businesses into two independent public companies by the end of the year, it said on Thursday.The…
Spac started by ex-Rusal M&A wiz hunts for green metals giant
ACG Acquisition (LSE: ACG), a new company founded by a mining executive who helped create aluminum giant Rusal, says it plans to buy a critical minerals producer valued at several…
Royalty firm Ecora plans transition to green metals despite lucrative coal contract
Ecora Resources (TSX: ECOR), a mining royalties company, is betting its shift to green-economy investing in projects by giants such as Vale (NYSE: VALE) and Rio Tinto (NYSE: RIO; LSE:…
China’s Zijin to buy Rosebel from Iamgold for US$360M
Canada’s Iamgold (TSX IMG; NYSE: IAG) said on Tuesday it had agreed to sell its stake in the Rosebel gold mine in Suriname to Zijin Mining in a deal valued…
Uranium Energy’s Athabasca deals part of ‘unprecedented’ M&A wave in uranium, nuclear assets
Uranium Energy (NYSE: UEC) says it’s building a “critical mass” of uranium projects in northern Saskatchewan’s Athabasca basin, including the recent US$150-million purchase of Rio Tinto’s (ASX: RIO) Roughrider project. The…
Turquoise Hill’s fifth largest investor to reject Rio Tinto’s US$3.3B takeover bid
Sailingstone Capital Partners, the fifth-biggest investor in Turquoise Hill Resources (TSX: TQR) said on Friday it will vote against Rio Tinto‘s (NYSE: RIO; LSE: RIO; ASX: RIO) intended US$3.3 billion…
Harmony Gold expands into copper with US$230M Eva project buy
South African miner Harmony Gold (NYSE: HMY; JSE: HAR) is expanding into the coveted copper market with the acquisition of Copper Mountain Mining’s (TSX: CMMC; ASX: C6C) Eva project in Australia,…