Denison and Uranium Energy fight over explorer UEX
Uranium Energy Corp. (NYSE: UEC) announced overnight that it had received a competing offer to acquire uranium exploration outfit UEX Corporation (TSX: UEX) and named Denison Mines (TSX: DML) as…
M&A, Financing and Restructuring
Hecla Mining acquires Yukon miner Alexco Resource in all-share deal
American silver producer Hecla Mining (NYSE: HL) has agreed to acquire all shares of Canadian Alexco Resource (TSX: AXU: NYSE-AM: AXU) it doesn’t already own, in a deal that values the target’s…
PDAC 2022: Investment bankers see capital returning to mining – once market risks abate
Despite strong commodity prices, money has not been flowing into the mining sector — and that is likely to be the case as long as market volatility and uncertainty continue,…
EY’s business risks ranking key to energy transition supply response
The results of EY’s Top 10 Business Risks survey are in play as the industry considers a supply response to the wall of metal demand the energy revolution is generating,…
GMS: Quebec ready to partner with critical mineral explorers and developers
Backed by its recent actions in the critical minerals space, the Quebec government laid out a strong case for why mineral exploration and mining development in the francophone province is…
Galway Metals closes $10.5M bought deal for Canadian exploration
Galway Metals (TSXV: GWM) has completed its recently upsized bought deal private placement, raising gross proceeds of $10.5 million. The financing consisted of the sale of approximately 6.66 million flow-through…
B2Gold to buy Aussie junior Oklo Resources
Canada’s B2Gold (TSX, NYSE: BTO) is buying Australian explorer Oklo Resources (ASX: OKU) in a deal valued at A$90 million (US$64 million) or 17.25¢ per share, representing a 127% premium on…
Lithium technology competition heats up as companies seize on new opportunities
Lithium technology companies are jostling for a foot in the door of the rapidly accelerating North American integrated battery metals supply chain, whether becoming a battery precursor material manufacturer or…
Mining Indaba: Bristow pleads with African miners to create ‘partnerships for prosperity’
A renewed focus on creating meaningful partnerships between miners, host communities and governments is quintessential to unlocking economic prosperity for African stakeholders, Barrick Gold (TSX: ABX; NYSE: GOLD) CEO Mark…
Mining Indaba: First Quantum pulls trigger on US$1.3B Kansanshi expansion
The board of First Quantum Minerals (TSX: FM) has resolved to proceed with a US$1.3 billion expansion of the company’s cornerstone Kansanshi copper mine in Zambia, including the Enterprise nickel…
Deconstructing Ross Beaty: Exclusive interview at the Mining Legends Speaker Series
The Mining Legends Speaker Series kicked off with an inaugural in-person event in Vancouver featuring mining entrepreneur and Canadian Mining Hall of Fame inductee Ross Beaty and rising talent Maggie…
Sandstorm Gold buys two royalty firms for US$1.1B
Canada’s Sandstorm Gold (TSX: SAND; NYSE: SAND) is growing in scale and size with the acquisitions of one royalty company and an extensive package from another for a combined total…