Fighter jet maker dives back into seabed mining
Lockheed Martin (NYSE: LMT) is back in the deep-sea mining game, holding talks with several mining companies about partnerships to access its long-held seabed licences in the Pacific Ocean. The…
M&A
Excellon surges to 2-year high after Peruvian acquisition
Excellon Resources’ (TSXV: EXN) shares jumped to their highest level in two years on Friday amid the company’s preparations to restart production next year at the Mallay silver-lead-zinc mine in…
Private miners overlook disclosure: legal experts
Many private Canadian mining companies may be unaware that they are subject to the same technical disclosure rules as public issuers and that they could face compliance risks under a…
MP Materials lands $400M Pentagon deal
MP Materials (NYSE: MP) has entered a major public-private partnership with the U.S. Department of Defense (DoD) to build a domestic supply chain for rare earth magnets, reducing America’s reliance…
Podcast: Novagold CEO Lang on Barrick selling Donlin
This week’s episode features Greg Lang, president and CEO of Novagold, in conversation with host Adrian Pocobelli. Lang discusses the recent sale of Barrick’s stake in the Donlin Gold project…
McFarlane Lake buys $30M Abitibi site from Aris
McFarlane Lake Mining (CSE: MLM; US-OTC: MLMLF) is acquiring what it considers to be “one of the largest undeveloped gold properties in Ontario” from Aris Mining (TSX: ARIS; NYSE-A: ARMN)…
Royal Gold to buy Sandstorm, Horizon for $3.7B
Royal Gold (Nasdaq: RGLD) is acquiring Canadian streaming and royalty firms Sandstorm Gold (TSX: SSL; NYSE: SAND) and Horizon Copper (TSXV: HCU) in deals worth a combined $3.7 billion (C$5.04…
China’s mining investment sets new record
China’s overseas mining investment has soared to its highest level in over a decade, driven by Beijing’s push to secure critical raw materials amid rising geopolitical tensions. There were 10…
South32 sells Cerro Matoso nickel mine
Australian miner South32 (NYSE: SOUHY; ASX: S32) has agreed to sell its Cerro Matoso ferronickel mine in Colombia in a deal worth up to $100 million (C$136 million). South32 has entered a…
Kinterra scores win in New World Copper takeover bid
Australia’s Takeovers Panel has blocked New World from issuing shares to CAML, giving Kinterra time to contest the deal.
Kinterra matches Central Asia’s bid for New World
Kinterra Capital has made an improved offer to buy Australia’s New World Resources (ASX: NWC) as it looks to beat London-listed Central Asia Metals (LSE: CAML) in the takeover battle. On…
Central Asia Metals ups offer for New World
The takeover battle for Australian copper developer New World Resources (ASX: NWC) is heating up after Central Asia Metals (LSE: CAML) raised its offer shortly after Canada’s Kinterra Capital made…