Greatland Gold may buy Havieron back from Newmont
Greatland Gold (LSE: GGP) said Tuesday it is in a strong position to buy back a majority stake in the Havieron gold-copper project in Western Australia from Newmont (NYSE: NEM;…
M&A
Anglo American rejects BHP’s ‘undervalued’ US$39B bid
Anglo American (LSE: AAL) has rejected a US$39 billion takeover proposal from BHP (LSE: BHP; NYSE: BHP; ASX: BHP) that requires Anglo to divest its platinum and iron ore businesses…
BHP offers to buy Anglo American for US$39B
BHP (LSE: BHP; NYSE: BHP; ASX: BHP) has made a tentative all-share offer valued at £31.1 billion (US$38.8 billion) to take over Anglo American (LSE: AAL) and become the world’s…
Power Nickel earns 80% of Nisk project in Quebec, adds polymetallic zone
Power Nickel (TSXV: PNPN; US-OTC: PNPNF) increased its ownership of the Nisk project to 80% from Critical Elements Lithium (CRE: TSXV) and reported new drill results from a polymetallic zone. The…
G Mining buys Reunion’s Oko West gold project in Guyana for $875M
Montreal-based G Mining Ventures (TSX: GMIN; US-OTC: GMINF) is expanding its South American holdings by taking over Reunion Gold’s (TSXV: RGD; US-OTC: RGDFF) Oko West gold project in Guyana in…
Revival adds second US gold project with $21.9M deal for Ensign Minerals
Revival Gold (TSXV: RVG, US-OTC: RVLGF) is buying privately held exploration company Ensign Minerals in an all-stock deal worth $21.9 million, giving it a second gold asset in the United…
Westgold takes ‘prize’ Beta Hunt mine in $1B Karora takeover in Australia
Australia’s Westgold Resources (ASX: WGX; US-OTC: WTGRF) is buying Karora Resources (TSX: KRR; US-OTC: KRRGF) in a $1 billion (A$1.23 billion) cash-and-shares deal to control the jewel in the country’s…
African Rainbow Minerals ups copper game with Surge stake buy
African Rainbow Minerals (JSE: ARI) is buying a 15% stake in British Columbia-focused explorer Surge Copper (TSXV: SURG) for $3.8 million, boosting the South African miner’s exposure to copper. South…
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…
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…