Financial Matters, M&A


Editorial: Snookered by CNOOC

Canada’s federal government surprised quite a few Canadians in early December by approving the sale of two large Western Canadian oil and gas players to two Asian governments — a decision that will have wide ramifications for future…


Prospect drilling at the Joaquin project. Source: Mirasol Resources

Coeur to take 100% of Joaquin

Some mining companies find it tough going in Argentina, particularly in less mining-friendly provinces like Chubut where the state government has proposed higher taxes and royalties. And even in more benign, mining friendly states like Santa…


Facilities at Talison Lithium's Greenbushes lithium mine in Western Australia. Source: Talison Lithium

Talison board warms to Chengdu Tianqui bid

A subsidiary of Chinese conglomer-ate Chengdu Tianqi Industry Group has raised its offer price for Talison Lithium (TLH-T) from $7.15 to $7.50 per share, and the Australian lithium producer’s board and its largest shareholder, Resource…




Eldorado to raise US$600 million

In November, Eldorado Gold (ELD-T) announced plans to offer up to US$500 million in senior unsecured notes due in 2020 to help the company implement growth initiatives and augment its balance sheet. But the proposed offering was withdrawn…



An overview of Talison Lithium's processing plants. Source: Talison Lithium

Talison’s board recommends Chinese bid

A subsidiary of Chinese conglomerate Chengdu Tianqi Industry Group has raised its offer price for Talison Lithium (TLH-T) from $7.15 to $7.50 per share and the Australian lithium producer’s board and its largest shareholder, Resource…



Freeport bets on oil and gas

Freeport-McMoRan Copper & Gold’s (FCX-N) surprise decision to buy two oil and gas companies in a deal involving cash and shares worth nearly US$10 billion has divided analysts on whether the acquisitions make sense. 



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