BHP leans on copper growth, not big deals
CEO Mike Henry said there’s no urgent need for deals as the company aims for 2.5 million tonnes of copper equivalent annually.
M&A, Financing and Restructuring
Generals join critical-mineral boardroom arms race
Critical-mineral juniors are snapping up retired U.S. military leaders to help win Washington funding, echoing a playbook uranium producers pioneered years ago when they recast domestic nuclear fuel as a…
Sirios taps Osisko team to push Cheechoo build
Sirios Resources (TSXV: SOI; US-OTC: SIREF) says the December acquisition of Osisko Development (NYSE, TSXV: ODV)-backed OVI Mining will give its Quebec Cheechoo gold deposit the financing and development push…
JV Video: Troilus targets spring finance decision
Lenders have increased the proposed debt facility for the Troilus Mining (TSX: TLG; US-OTC: CHXMF) gold-copper project in Quebec up to $1 billion (C$1.35 billion) from $700 million as the…
Zanaga Iron lines up $25M in deal with Red Arc
Zanaga Iron (LSE: ZIOC) has signed a binding term sheet with Red Arc Minerals that could see up to $25 million invested to advance its namesake iron ore project in…
JV Video: Minaurum’s Alamos lands 55M-oz resource
Minaurum Silver’s (TSXV: MGG; US-OTC: MMRGF) maiden inferred resource of about 35 million oz. silver at its Alamos project in Mexico’s Sonora state, published late last month, gives the junior…
US backs Altona’s Mozambique rare earths project
Shares in Altona Rare Earths (LSE: REE) soared after the company said the United States’ government confirmed its intention to support development of its Monte Muambe joint venture project in…
Anglo flags third De Beers writedown
Anglo American (LSE: AAL) is weighing a third writedown of De Beers in as many years as weak diamond prices persist and the miner advances asset sales ahead of its…
Rio Tinto, Glencore nix $260B mega-merger
Rio Tinto (ASX, LSE, NYSE: RIO) and Glencore (LSE: GLEN) have scrapped plans for a $260-billion merger that would have created the world’s largest mining company. In a statement on Thursday,…
VRIC Video: Wheaton sees 1M oz sooner as production growth accelerates
Wheaton Precious Metals (TSX, NYSE, LSE: WPM) is coming off its best year ever with the help of four new mines entering production and stronger output from existing assets, CEO…
VRIC JV Video: Trinity One buys Ecuador’s Silver-1
Vancouver-based Trinity One Metals (TSXV: TOM; US-OTC: ARJNF) has agreed to acquire Ecuador’s past-producing Silver-1 mine, a deal CEO Thomas Wood said would give the roughly $9-million microcap a primary-silver…
Eldorado buys Foran for $2.8B in copper push
Eldorado Gold (TSX: ELD; NYSE: EGO) has agreed to buy fellow Canadian miner Foran Mining (TSX: FOM; US-OTC: FMCXF) in a transaction that values the copper-focused developer at about $3.8…