Barrick CEO exit could spur asset sales, M&A: analysts
Leadership changes at two of North America’s biggest miners open the door to asset sales and even a potential takeover of Barrick Mining (TSX: ABX; NYSE: B), analysts say. On…
M&A
Critical Metals lifts Greenland rare earth stake to 92%
European Lithium retains its 7.5% minority interest in the Tanbreez project, alongside a 60% stake in Critical Metals.
DOE agrees to buy 5% stake in Lithium Americas
The United States’ Department of Energy (DOE) agreed to buy minority stakes in Lithium Americas (TSX, NYSE: LAC) and its Thacker Pass project in Nevada in exchange for authorizing funding…
Nova wins $43.4M from Pentagon to build antimony hub
Nova Minerals’ (Nasdaq, ASX: NVA) shares soared to a historic high after it was awarded US$43.4 million by the United States’ Department of War (DoW) to support the production of…
Agnico sheds entire 18% stake in Royal Road
Agnico Eagle Mines (NYSE, TSX: AEM) says it has sold its entire 18% shareholding in copper-gold explorer Royal Road Minerals (TSXV: RYR) for proceeds of about C$5.51 million. The shares,…
Japan Gold shares plunge as Barrick alliance ends
The strategic alliance between Japan Gold (TSXV: JG) and Barrick Mining (TSX: ABX; NYSE: B) is coming to an end after more than five years and C$23 million ($17 million)…
Mining Forum Americas: Garofalo’s Gold Royalty the ‘envy of our peers’
Colorado Springs, Colo. – Gold Royalty (NYSE American: GROY) has started generating free cash flow and is focusing on Quebec’s Abitibi region for its next leg of growth, executive chairman…
Washington seeks Thacker Pass stake
The Trump administration now wants an initial 5-10% equity stake in Lithium Americas’ (TSX, NYSE: LAC) Thacker Pass project in Nevada as it seeks to renegotiate the terms of a…
Angola joins race for De Beers slice
Angola’s state diamond company Endiama has formally submitted a bid for a minority stake in De Beers, intensifying the scramble for influence over the world’s largest diamond producer as Anglo American…
Appian sells royalty, streaming assets to Versamet
Mining advisory firm Appian Capital sold two royalty and streaming assets to Canada’s Versamet Royalties (TSXV: VMET) for up to US$170 million in cash, of which $125 million is paid…
La Caisse enters Aus renewables with $1.1B deal
La Caisse, Canada’s largest provincial pension fund, is acquiring Australian renewables developer Edify Energy for $1.1 billion (US$725 million), securing a foothold in a market it has long sought to…
Newmont sells entire Orla stake for $439M
Newmont (NYSE: NEM; TSX: NGT) has sold its 13% stake in Orla Mining (TSX: OLA) for $439 million (C$605 million), marking another step in its broader divestiture program aimed at…