Considering M&A? Here’s what to ask
A large copper miner in Chile only found it had been overpaying a royalty by a significant amount after three ownership deals and 20 years of operation, lawyer Greg McNab…
M&A
Green Battery, Volt Carbon to jointly develop Quebec graphite project
Canadian explorer Green Battery Minerals (TSXV: GEM) and Volt Carbon Technologies (TSXV: VCT) have inked an agreement to co-develop the Berkwood graphite project, in northern Quebec. Volt Carbon has an option…
Botswana in talks to raise stake in De Beers
Botswana confirmed on Monday market rumours that it plans to increase its shareholding in De Beers, as parent company Anglo American (LSE: AAL) prepares to spin off or sell the…
Critical Metals to acquire 92% stake in rare earth project billed as one of world’s largest
The Tanbreez in Greenland, with a 28.2 million tonne TREO resource is expected to contain more than 27% heavy rare earth elements.
Gina Rinehart ups stake in lithium-focused Vulcan
Gina Rinehart, the billionaire mining magnate who owns Hancock Prospecting, has boosted her ownership in Vulcan Energy Resources (ASX: VUL) to 7.5% by injecting nearly €12.5 million ($18.5 million) into…
Codelco and SQM agree on final lithium deal
Chile’s state-run copper miner Codelco and the world’s second-largest lithium producer SQM (NYSE: SQM) inked a definitive agreement on Friday to jointly exploit the country’s vast deposits in the Salar…
Silver Lake shareholders approve merger with Red 5
The A$2.2-billion ($1.5bn) deal creates Australia’s fifth largest gold producer.
BHP abandons US$49B bid for Anglo
BHP (ASX: BHP) is walking away from its US$49.2 billion offer for Anglo American (LSE: AAL) after the companies couldn’t agree on how to handle the target’s platinum assets in South…
Aura buys two projects near Matupá gold property in Brazil
Mid-tier gold-copper miner Aura Minerals (TSX: ORA; US-OTC: ORAAF) recently acquired two projects in Mato Grosso, Brazil, with a view of bolstering resources at its feasibility stage Matupá growth project….
Muddy Waters targets Mayfair Gold for board takeover
Muddy Waters Capital, the American hedge fund that often short-sells companies, is instead taking a long position in plans to take over Mayfair Gold (TSXV: MFG) with its prefeasibility stage Fenn-Gib…
Golden Minerals sells Mexico mines in shift to Argentina
Golden Minerals (NYSE-A: AUMN, TSX: AUMN) announced on Friday it has sold its primary assets in Mexico comprising the Velardeña properties in Durango state that it briefly brought back to…
Eurobattery Minerals to acquire majority stake in Spanish tungsten miner
Swedish miner Eurobattery Minerals (FRA: EBM) has signed a non-binding letter of intent to invest €2.5 million ($3.7 million) in Spanish company Tungsten San Juan (TSJ) and obtain 51% ownership…