M&A, Financing and Restructuring


Scotgold in advanced funding talks to avoid default

Scotgold in advanced funding talks to avoid default

Embattled miner Scotgold Resources, which operates Scotland’s only gold mine, said on Monday it was close to securing enough funding from a new strategic investor, which will help it avoid going into…


Sumitomo Metal invests $12.5m in Canada’s battery materials firm

Sumitomo Metal invests $16.9M in Canada’s Nano One

Sumitomo Metal Mining is investing $16.9 million in Vancouver-based Nano One Material (TSX: NANO) as part of the Japanese giant’s efforts to find sustainable methods for producing lithium-ion batteries. The…




Scotgold shares halted as firm’s future in limbo

Scotgold halts trading as firm’s future in limbo

Trading of Scotgold Resources (LSE: SQZ) shares was halted Monday amid the “highly uncertain” outcome of funding discussions. The company pursuing what could be Scotland’s first commercial gold-silver mine said that while…




Chaarat Gold sells Kapan mine in Armenia for US$54.5M

Chaarat Gold Holdings (LSE: CGH) is selling its only operating mine, Kapan, for US$54.5 million ($73.4 million) to Armenian miner Gold Mining Company. The miner, which once tried buying Centerra’s Kumtor…





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