BHP and Mitsubishi close US$4.1B sale of Queensland coal mines
BHP (LSE: BHP; NYSE: BHP; ASX: BHP) and Mitsubishi Development Pty have completed the sale of the Blackwater and Daunia mines to Whitehaven Coal for US$4.1 billion. The sale, first…
M&A
Silvercorp clears way for Perseus Mining takeover of OreCorp
A winner has emerged in the months-long battle for Africa-focused gold developer OreCorp (ASX: ORR). The Australia-based company is recommending shareholders accept the off-market takeover offer from Perseus Mining (TSX:…
Mako Mining expands into South America with deal to acquire Goldsource
Nicaragua-focused gold producer Mako Mining (TSXV: MKO; US-OTC: MAKOF) plans to expand into South America with the all-share acquisition of Goldsource Mines (TSXV: GXS; US-OTC: GXSFF) and its Eagle Mountain…
Perseus gets key OreCorp shareholders onside with sweetened bid
Perseus Mining (TSX: PRU; ASX: PRU) announced on Wednesday that it has raised its off-market takeover offer for OreCorp (ASX: ORR) as it seeks to beat out Canadian rival Silvercorp…
JV Video: Mandalay Resources aims for acquisitions
Mandalay Resources has a three-pronged strategy to expand into a mid-tier gold producer, president and CEO Frazer Bourchier says in a new video. Toronto-based Mandalay is maintaining cash flow from…
Rupert Resources offers to buy B2Gold’s 70% interest in Finland JV
Rupert Resources (TSX: RUP) is in discussions to buy B2Gold‘s (TSX: BTO) 70% interest in a gold JV it holds in northern Finland’s Central Lapland greenstone belt with Aurion Resources (TSXV:…
PDAC 2024: Some junior miners must die so others may live, panel says
Canada’s once-mighty junior mining sector crumbled after governments squeezed the middle class and let multinationals buy the country’s big miners, a panel of finance experts told mining’s biggest conference this…
Hochschild Mining to expand in Brazil with gold project option
Precious metals producer Hochschild Mining (LSE: HOC) plans to expand its presence in Brazil through an option deal with Cerrado Gold (TSXV: CERT; US-OTC: CRDO.F) to acquire the Monte Do Carmo…
Does mining need saving?
Some issues of The Northern Miner are more fun to put together than others. Our March 2024 edition, unfortunately, offers a sobering read. It’s filled with news of shuttered mines…
Dundee bid for Osino Resources bested by unnamed third party
Dundee Precious Metals (TSX: DPM) is walking away from its proposed takeover of Osino Resources (TSXV: OSI) after the target company said on Monday it had received a superior offer…
Video: Ex-Sprott CEO at SCP Resource Finance explains commodities vs stocks divergence
Peter Grosskopf, the former CEO of Sprott who turned its investment banking unit into a separate company focused on junior mining stocks, says large institutional investors are handicapped by liquidity…
Vizsla Copper expands BC portfolio with Universal Copper takeover
Vizsla Copper (TSXV: VCU; US-OTC: VCUFF) is set to expand its British Columbia-focused exploration portfolio after striking a deal to acquire Universal Copper (TSXV: UNV) and its flagship Poplar project….