Perseus Mining confident of winning ok for OreCorp takeover
Perseus Mining (TSX: PRU; ASX: PRU) is far from giving up on its intended acquisition of OreCorp (ASX: ORR), saying on Monday it was confident of receiving unconditional approval from…
M&A
China’s Zhaojin extends offer period for Tietto Minerals again
Zhaojin Mining has once again extended the offer period in its bid for Australia’s Tietto Minerals (ASX: TIE), a West Africa-focused gold producer. Zhaojin is currently Tietto’s second-biggest shareholder with…
Private equity firms are poised to invest billions in battery metals
Private equity firms say they will boost investments in battery metal projects this year as depressed company valuations, plunging commodity prices and slumbering stock market financing create opportunities. London-based Appian…
Alamos Gold to acquire Quebec-focused junior Orford Mining in all-share deal
Alamos Gold (TSX: AGI; NYSE: AGI) announced on Monday that it will acquire Quebec-focused junior Orford Mining (TSXV: ORM) in an all-share transaction valuing the company at $24 million or…
Silvercorp again hikes takeover offer for OreCorp
Canada’s Silvercorp Metals (TSX: SVM; NYSE: SVM) is boosting its buyout bid for African gold developer OreCorp (ASX: ORR) while competing with Perseus Mining (TSX: PRU; TSX: PRU). Silvercorp, a…
Dundee spends C$287M to acquire Osino’s Twin Hills gold project in Namibia
Dundee Precious Metals (TSX: DPM) is buying Osino Resources (TSXV: OSI; US-OTC: OSIIF) for $287 million in cash and shares to acquire its advanced-stage Twin Hills gold project in Namibia. The…
Jaguar grows gold reserves at MTL in Brazil after Iamgold acquisition
Jaguar Mining (TSX: JAG; US-OTC: JAGGF) has more than doubled its probable gold ounces at the MTL complex in Brazil including assets it bought from Iamgold (TSX: IMG; NYSE: IAG)…
Barsele takes over Gold Line while advancing Agnico-led project in Sweden
Barsele Minerals (TSXV: BME; US-OTC: BRSLF) is buying Gold Line Resources (TSXV: GLDL; US-OTC: TLLZF) in an all-share deal to consolidate projects in Sweden and Finland, the companies said on Wednesday. Gold Line…
Mystery buyer in deal with Petra Diamonds for idled Koffiefontein mine
South Africa’s Petra Diamonds (LSE:PDL) has signed a non-binding deal to sell its loss-making Koffiefontein diamond mine in its home country to an unnamed party. Terms of the potential sale…
ATHA ups financing to $22.8M on interest in three-way uranium junior merger
ATHA Energy (CSE: SASK; US-OTC: SASKF) has sealed two separate all-stock deals to acquire Latitude Uranium (CSE: LUR) and 92 Energy (ASX: 92E) to create what it says will be…
Roosen seeks partner for Cariboo gold project ‘beachhead’ in BC
Sean Roosen, part of the team that discovered and developed the Canadian Malartic gold mine, which vies to be Canada’s largest by production, is looking for a corporate partner to…
Gold juniors Nighthawk, Moneta to gain heft with all-share merger
Moneta Gold (TSX: ME; US-OTC: MEAUF) and Nighthawk Gold (TSX: NHK; US-OTC: MIMZF), two juniors with gold development projects in Canada, are planning an at-market, all-share merger. Moneta will contribute…