Northern Star rejects undervalued A$38.7B Gold Fields bid
Northern Star Resources (ASX: NST) has rejected an unsolicited A$38.7-billion ($27.2-billion) takeover proposal from Gold Fields (JSE, NYSE: GFI), saying the bid materially undervalues the…
M&A
Artemis to buy Vista for $427M in Australia push
Artemis Gold (TSXV: ARTG) agreed to buy Vista Gold (TSX, NYSE-A: VGZ) in a $427 million (C$598 million) all-share deal that will add another major development…
EU scrutiny of Anglo-MMG nickel deal tests China stance
China-backed MMG (HKG: 1208) is urging European regulators to approve its $500-million (C$690 million) purchase of Anglo American’s (LSE: AAL) Brazilian nickel business in a…
De Beers’ $18B diamond empire could fetch $1B
De Beers, the former diamond monopoly once valued at more than $18 billion (C$25 billion), could sell for about $1 billion as Anglo American (LSE:…
Zijin buys Allied Gold stake after $4B deal collapses
Zijin Gold’s planned $4 billion (C$5.5 billion) acquisition of Allied Gold (TSX, NYSE: AAUC) has collapsed after Chinese regulators failed to approve the transaction before…
Evolution to buy Carnaby in $149M copper-gold deal
Evolution Mining (ASX: EVN) agreed to buy Carnaby Resources (ASX: CNB) in an all-stock deal valued at about A$213 million (US$149 million) that would give…
London Gold offers $25M for Bolivia-focused Bocana
Privately held London Gold LLC is moving towards a $25 million (C$35 million) cash and stock deal for Americas-focused explorer Bocana Resources (TSXV: BOCA), which…
Regis ends Vault chase, clearing way for Genesis deal
Australia’s Regis Resources (ASX: RRL) has abandoned its pursuit of Vault Minerals (ASX: VAU), clearing the way for Genesis Minerals’ (ASX: GMD) $3.9 billion (A$5.6-billion)…
Barrick weighs UK listing for African assets in $30B tie-up with Endeavour
Barrick Mining (TSX: ABX) (NYSE: B) is said to be weighing up a London listing for its African business, a move that may involve merging with…
Gold M&A: Denarius scraps Emerita takeover in Spain
Denarius Metals (CBOE: DMET; US-OTC: DNRSF) dropped efforts to acquire Emerita Resources (TSX-V: EMO; US-OTC: EMOTF), ending a three-week takeover campaign after the Spain-focused explorer…
Forrest said to sell Wyloo’s Yangibana rare earths stake in pivot to nickel
Australian tycoon Andrew Forrest is reportedly seeking buyers for a majority stake in the Yangibana rare earths project in Western Australia its holds through its…
Uranium Royalty to buy Sweetwater in $1.1B deal
Canada’s Uranium Royalty (TSX: URC; Nasdaq: UROY) agreed to buy privately held Sweetwater Royalties for about $1.1 billion (C$1.5 billion) to diversify and capitalize on…