Orla Mining expands to Canada with US$850M Newmont mine buy
Orla Mining (TSX: OLA) is buying Newmont’s (NYSE: NEM) Musselwhite gold mine in Ontario for US$850 million, enabling it to more than double production of the precious metal as prices…
M&A
Military Metals acquires past-producing antimony project in Nevada
Military Metals (CSE: MILI; US-OTC: MILIF) is adding another past-producing asset to its antimony-focused portfolio, this time situated in the U.S., which currently has no domestic production of the mineral…
Aldebaran soars to new high as it teams up with Rio Tinto’s Nuton at Altar
Aldebaran Resources (TSXV: ALDE, US-OTC: ADBRF) shares climbed to an all-time high of $1.98 following news that it’s teaming up with Nuton, Rio Tinto‘s (NYSE: RIO) sulphide leaching technology venture,…
Gold Fields, AngloGold JV in Ghana hits roadblock
Gold Fields (NYSE: GFI; JSE: GFI) and AngloGold Ashanti (NYSE: AU; JSE: ANG) said on Thursday that they have yet to make progress on their proposed joint venture in Ghana,…
Canada approves Pan American’s sale of Peru mine to Zijin
Canada has approved Pan American Silver’s (TSX: PAAS; NYSE: PAAS) sale of its La Arena open-pit mine and project in Peru to Jinteng Mining, a subsidiary of China’s Zijin Mining Group. The approval, granted…
Pan African expands into Australia, halts Sudan project
South Africa’s Pan African Resources (LSE: PAF; JSE: PAN) is expanding into Australia with the acquisition of gold junior Tennant Consolidated Mining Group (TCMG) for US$54.2 million, as it suspends exploration…
Anglo American sells Australian coal JV stake for $1.5B
Anglo American (LSE: AAL) has agreed to sell its minority stake in an Australian coal mining joint venture for A$1.6 billion ($1.5 billion), marking a significant step in its strategy…
Jack and Adam Lundin are TNM’s Persons of the Year for 2024
Sometimes a discovery is so big, it takes generations to discover, define and develop – in order to become a mining district that produces metals for future generations. Over the…
TNM names 2024 award winners: Jack and Adam Lundin, Amparo Cornejo, and Ross Beaty
The Northern Miner has named Jack and Adam Lundin as its Persons of the Year for 2024. Amparo Cornejo, chief sustainability officer of Teck Resources, has been chosen as the winner…
Blue Moon appoints ex-Adventus CEO with M&A record after board shakeup
Blue Moon Metals (TSXV: MOON; US-OTC: BMOOF), a small developer that’s seen a shareholder battle over dilutive capital raisings, has chosen former Adventus Mining CEO Christian Kargl-Simard as its new head. The…
Excellon plans return to silver mining next year with Mallay mine deal in Peru
Excellon Resources (TSX: EXN; NYSE: EXN) has announced a deal to buy the past-producing Mallay silver mine in Peru, bringing the company back into silver production by mid-2025. The transaction…
‘We’ve moved on,’ BHP says of failed Anglo bid, before walking back comments
BHP’s (ASX: BHP) leadership gave its clearest indication yet that it won’t make another bid for smaller rival Anglo American (LSE: AAL), but later walked back some comments about “moving…