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)…
M&A
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…
Silvercorp Metals sweetens offer for Tanzania-focused OreCorp
Silvercorp Metals (TSX: SVM; NYSE: SVM) surprised the market on Thursday by increasing its cash offer for African gold developer OreCorp (ASX: ORR) by A$20 million (US$13 million). The improved…
Adventus buys Beaty-backed Luminex for Ecuador focus
Canadian junior Adventus Mining (TSX-V: ADZN; US-OTC: ADVZF) is acquiring cohort Luminex Resources (TSX-V: LR; US-OTC: LUMIF) in an all-stock deal to focus on copper and gold development in Ecuador….
Panoramic Resources mulls sale of flagship nickel asset
Panoramic Resources (ASX: PAN) has launched a strategic review of its flagship Savannah nickel project, in the Kimberley region of Western Australia, amid weak battery metal prices. The company said it…
Atlantic Lithium shuns takeover by major African shareholder
Atlantic Lithium (AIM: ALL, ASX: A11, US-OTC: ALLIF) is once again turning down a proposed takeover by 24.5% shareholder Assore International Holdings, which has offered to acquire the remainder of…
Iamgold moves to buy rest of royalty company Euro Ressources
Iamgold (TSX: IMG; NYSE: IAG) plans to pay about US$23 million for the shares it doesn’t already owns in French precious metals royalties company Euro Ressources. The draft offer, filed…
Teck sells coal assets to Glencore, steelmakers for US$8.9B to focus on copper
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) is selling its coal assets to Glencore (LSE: GLEN) and two Asian steelmakers for US$8.9 billion, Teck said on Nov. 14. Under the deal, which still must…