Diamond mining industry cracks under pressure
The global diamond industry is rapidly collapsing, with plunging revenues, halted operations, and doubts about its relevance.
Read MoreFinancial Matters, M&A
Pan American signs $2.1B deal to buy MAG Silver
Revival Gold bets on Mercur, Beartrack-Arnett as catalysts in tight gold market
Alamos shares sink as results fall short of expectations
G Mining sees improved economics at Guyana project
New Osisko study for Cariboo project lifts NPV, costs
Sierra agrees to Alpayana’s sweetened takeover bid
Site visit: Fortuna Mining drives value at Lindero pit
Ivanhoe Electric lines up $825M loan for copper project
Fortuna Mining exits Burkina Faso for US$130M
Fortuna Mining (NYSE: FSM, TSX: FVI) agreed to sell its Burkina Faso operations to Mauritius-based Soleil Resources International for about US$130 million ($181 million) cash. The sale represents “a prudent…
Alpayana poised to let Sierra takeover bid die
Peru’s Alpayana said it’s prepared to let its revised bid for Sierra Metals (TSX: SMT; US-OTC: SMTSF; BVL: SMT) expire in two weeks after the Canadian miner urged shareholders to…
Peru’s Alpayana boosts hostile bid for Sierra by 31%
Peruvian miner Alpayana sweetened its hostile takeover bid for Sierra Metals (TSX: SMT) by 31% after the Canadian company rejected its initial salvo. The stock surged. Alpayana is now offering C$1.11 (US79¢)…