Rio2 expands with $241M deal for Peru copper mine
Rio2 (TSX: RIO), a gold developer advancing one of the largest undeveloped oxide gold projects in the Americas, is expanding to diversified producer via a $241-million deal for copper mine…
M&A
Contango Ore agrees $812M deal to buy Dolly Varden
Contango Ore (NYSE-A: CTGO) agreed to buy Canada’s Dolly Varden Silver (TSX-V: DV; NYSE-A: DVS) to create a mid-tier silver and gold producer by adding one of the largest high-grade…
Anglo scraps exec bonus vote as Teck merger looms
Anglo American (LSE: AAL) has dropped a proposal to change executive bonus awards from the agenda of tomorrow’s shareholder vote on its merger with Canada’s Teck Resources (TSX:TECK.A | TECK.B)…
Orla Mining plunges as Fairfax trims stake
Shares of Orla Mining (TSX: OLA) have plunged after Fairfax Financial Holdings (TSX: FFH, FFH.U) sold nearly half of its stock in the company at a below-market price. The miner…
Global scramble to lift minerals prices in 2026: Fitch
Most mineral and metal prices should edge higher in 2026 as net-zero demand, tighter supply and an intensifying global race for resources offset persistent weakness in China’s property sector, BMI,…
Gold Royalty adds BHP’s Brazil mine in $70M deal
Gold Royalty (NYSE-A: GROY) has agreed to buy an existing royalty on the Pedra Branca mine held by BlackRock World Mining Trust for $70 million cash. The copper-gold mine, located…
Pan American grabs 14.7% stake in Galleon Gold
Pan American Silver (TSX, NYSE: PAAS) has taken a 14.7% stake in Galleon Gold (TSX-V: GGO) after buying 18.75 million units in the explorer and developer via private placement. The…
Appian backs Atlantic’s Barrick mine buyout with $150M
U.K. private-equity firm Appian Capital Advisory said on Wednesday it has provided a US$150 million financing package to support the Atlantic Group’s buyout of a West African gold mine from…
BHP’s latest bid for Anglo topped $53B: report
The world’s largest miner offered £34/share (approx. $42.5), a 24% premium to Anglo’s £27.36 close, but it was not enough to succeed.
Barrick eyes IPO of North American gold assets
A North American spinout would offer investors access to the miner’s Nevada operations, Pueblo Viejo, and Fourmile project.
Kodal ships first lithium from Mali to China
Kodal Minerals (LSE: KOD) says it has completed its first shipment of lithium spodumene concentrates produced at its Bougouni mine in southern Mali to its offtake partner in China. A…
Montage acquires African Gold for $170M
Montage Gold (TSX: MAU, US-OTC: MAUTF) is acquiring Australia’s African Gold (ASX: A1G) in a move that expands the company’s presence in Côte d’Ivoire and adds nearly 1 million oz….