TSXV deepens rout during Nov. 14-18 trading week
The S&P/TSX Venture Composite Index retreated by 23.9 points or 4% over the Nov. 14-18 trading session to end at 575.88. Among only a handful of value gainers this week…
M&A, Financing and Restructuring
Maple Gold seeks Abitibi acquisitions as it drills deep in Quebec
NEAR MATAGAMI, QUEBEC– Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) is in “advanced and detailed” talks with three potential acquisitions as it seeks to nearly double its contained gold resources,…
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…
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…