Private equity mining deals to rise: S&P Global
Private equity deals in the mining sector are expected to grow as demand for minerals essential to the global energy transition continues to rise, S&P Global says in a new report….
M&A
Gold Fields, AngloGold pause Ghana JV talks
Gold Fields (JSE, NYSE: GFI) and AngloGold Ashanti (JSE: ANG; NYSE: AU) have paused their plan to merge the Iduapriem and Tarkwa operations in Ghana under a joint venture that…
Gold Fields to buy Gold Road in $2.4B deal
Gruyere gold mine joint venture partners Gold Fields and Gold Road Resources reach agreement on a friendly deal to consolidate ownership.
Alkane to acquire Mandalay Resources in $358M deal
The merged company will operate under the Alkane Resources name and expects to produce 160,000 gold-equivalent ounces in 2025.
Calibre hits 13-year high after Equinox sweetens offer
Shares of Calibre Mining (TSX: CXB; US-OTC: CXBMF) soared their highest price in 13 years after Equinox Gold (TSX, NYSE-A: EQX) sweetened its takeover offer right before shareholders were set…
Barrick trying to sell Hemlo mine: Bloomberg
Barrick Gold (TSX: ABX; NYSE: GOLD) is working to sell its Hemlo gold mine in northern Ontario, its last mine in Canada, according to a Bloomberg report. The company started…
Sierra agrees to Alpayana’s sweetened takeover bid
Canada’s Sierra Metals (TSX: SMT) agreed in principle to be taken over by Alpayana after the Peruvian miner sweetened its offer for a second time, tentatively putting an end to…
Barrick sells Donlin stake to Paulson, Novagold for $1B
Canada’s Barrick Gold (TSX: ABX; NYSE GOLD) is exiting the Donlin Gold project in Alaska by selling its 50% stake for US$1 billion (C$1.38 billion) to hedge fund billionaire John…
Centerra acquires 9.9% of BC-focused Thesis Gold
Centerra Gold (TSX: CG) has bought a 9.9% stake in Thesis Gold (TSXV: TAU), citing the potential growth and synergy of the latter’s flagship project located next to its Kemess gold-copper…
Triple Flag to acquire Orogen Royalties for $420M
Triple Flag Precious Metals (TSX: TFPM; NYSE: TFPM) announced Tuesday that it has entered into an agreement to acquire Orogen Royalties (TSXV: OGN; US-OTC: OGNRF) in a transaction valued at…
CEO interview: F3 Uranium eyes third discovery
Good things come in threes could apply to F3 Uranium’s (TSV: FUU; US-OTC: FUUFF) Athabasca basin discoveries in Saskatchewan and the people behind them. Since 2010, a trio of its…
UK flags possible security review as deep-sea mining licences go up for sale: FT
Britain may trigger a national security review over the proposed sale of two deep-sea mining exploration licences after the Norwegian parent of UK Seabed Resources (UKSR) filed for bankruptcy, the…