Macusani drilling through merger
As Macusani Yellowcake (YEL-V) finalizes its friendly takeover of Southern Andes Energy (SUR-V), the company is proving up the uranium potential of southern Peru.
Financial Matters, M&A
Friedland resigns from Ivanhoe Mines
Just a few months after Rio Tinto (RTP-N, RIO-L) took a controlling 51% stake in Ivanhoe Mines (IVN-T, IVN-N, IVN-Q), billionaire founder and chief executive Robert Friedland has resigned from the company along with five other members of the…
First Majestic to merge with Silvermex
First Majestic Silver (FR-T) believes Silvermex Resources ’ (SLX-T) key asset can take it to the next tier of silver producers.
Emed locks down financing for Rio Tinto revival
Emed Mining (EMD-T, EMED-L) has closed its second major financing of the year as the company moves towards restarting production at the historic Rio Tinto copper mine located 65 km north of Seville in Andalucia, Spain.
First Majestic sets its sights on senior status
First Majestic Silver (FR-T) believes Silvermex Resources’(SLX-T) key asset can take it to the next tier of silver producers.
Junior miners and explorers cashing up
Junior explorers launched substantial financings when the networking-heavy Prospectors & Developers Association of Canada convention wrapped up in Toronto.
Glorious royalties
Financing was a recurring theme at this year’s eightieth Prospectors and Developers Association of Canada convention in Toronto. With debt markets in Europe faltering and equity markets globally not performing up to snuff, miners…
Glencore eyes Viterra in $6.1B deal
Swiss-based Glencore International (GLEN-L) has tabled a friendly $6.1-billion cash bid for Saskatchewan-based grain handler Viterra (VT-T, VTA-A).
Facts ‘n’ figures: 2011 nearly a record year for mining M&A, says PwC
The following is an edited excerpt from PwC’s report, entitled: On the road again? Global mining 2011 Deals Review and 2012 Outlook. All figures are in U.S. dollars unless otherwise indicated. To see the full report go to…
Cameco buying out Areva at Millennium
After being trumped last year in a bidding war with Rio Tinto (RIO-N) for Hathor Exploration and its Roughrider uranium deposit, Cameco (CCO-T, CCJ-N) is back on the acquisition trail, announcing on March 2 that it plans to buy Areva’s…
Junior miners and explorers cashing up
Vancouver — Numerous explorers have launched substantial financings just as the networking-heavy Prospectors & Developers Association of Canada convention wraps up in Toronto.
Grande Cache rises as deal nears completion
Investment Canada shunned critics and gave a nod to Winsway Coking Coal’s bid for Calgary-based Grande Cache Coal (GCE-T).