Harte Gold’s Sugar Zone mine attracts second bidder
A second potential buyer has emerged for Harte Gold (TSX: HRT), with an auction that will determine the winner of the distressed company’s assets to be held on Jan. 19. Harte, whose…
M&A, Financing and Restructuring
Newmont raises US$1B through mining industry’s first sustainability linked bond
Newmont (TSX: NGT; NYSE: NEM) has closed the mining industry’s first sustainability-linked bond, raising net proceeds of US$992 million in a registered $1 billion public offering of senior notes issued…
Hochschild to buy Amarillo Gold for control of Posse project, Brazil
London-based Hochschild Mining (LSE: HOC; US-OTC: HCHDF) has announced a $135 million cash offer to acquire Amarillo Gold (TSX: AGC; US-OTC: AGCBF). The offer, priced at 40c per Amarillo share,…
Horizonte fully funds construction of Araguaia nickel mine
Horizonte Minerals (TSX: HZM; AIM: HZM) has raised US$197 million (£147.4 million) in an overnight share placement that forms part of an equity and debt finance package of US$633 million…
Harte Gold announces assignment of credit facilities to Silver Lake Resources
Australia’s Silver Lake Resources (ASX: SLR) has acquired US$63.3 million in credit facilities that BNP Paribas provided Canadian miner Harte Gold (TSX: HTR) for its Sugar Zone mine in Ontario….
Agnico Eagle-Kirkland Lake merger gets a second proxy advisory thumbs-up
The proposed ‘merger of equals’ between Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) have received a second proxy advisory firm…
Steppe Gold secures US$65M to fast-track ATO Phase 2 build
Steppe Gold (TSX: STGO; US-OTC: STPGF) has secured an investment of US$65 million in debt to fast-track its Phase 2 construction of the Altan Tsagaan Ovoo (ATO) gold and silver…
Barrick shifting into growth gear says CEO Mark Bristow
Since the merger of Barrick Gold (TSX: ABX; NYSE: GOLD) and Randgold Resources early in 2019, the new gold major appears to be completing a full circle under the leadership…
Agnico Eagle, Kirkland Lake create new gold giant in US$10B merger
The combined company, the gold industry’s highest-quality senior producer, will have 48 million ounces of the metal in reserves.
Greenland-focused Greenroc IPOs on the AIM
On Monday, the ordinary shares of GreenRoc Mining (AIM: GROC) started trading on London’s junior AIM platform. The explorer seeks to capitalize on the growing demand for critical minerals its…
Kirkland Lake shares up on M&A rumour
Kirkland Lake Gold (TSX: KL) rose nearly 8.5% in early trading Monday after IKN News released a statement Sunday saying the gold miner was “marketing itself to the highest bidder.”…
Noront receives official Wyloo offer, trumping BHP bid
Noront Resources (TSXV: NOT) has finally received a formal offer from Wyloo Metals – more than three months after Wyloo first floated a proposal to acquire the Ring of Fire junior in late…