South32 boosts Brazil green aluminum supply with bauxite mine buy
Australia’s South32 (LSE: S32; ASX: S32) is on track to double its green aluminum production in Brazil by early 2023 with the acquisition of an 18.2% stake in the Mineração…
M&A, Financing and Restructuring
Fission Uranium updates PLS progress, arranges $50M ATM program
Fission Uranium (TSX: FCU; OTC: FCUUF) has provided an update on the feasibility study slated to be completed later this year for its 100%-owned Patterson Lake South (PLS) project in…
Teck strikes deal to earn into Chile copper project
Australia’s Golden Rim Resources (ASX: GMR) has executed an option and joint venture agreement with Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, to develop the Loreto copper…
Gensource steps closer to first production with Innovare acquisition
Canadian potash upstart Gensource Potash Corporation (TSXV: GSP; AIM: GSP) has reached a binding agreement to buy the outstanding equity of Innovare Technologies, a privately-held developer of patented selective solution…
Hemlo Explorers stock jumps 53% as Barrick weighs Pic earn-in
The Toronto-quoted equity of Hemlo Explorers (TSXV: HMLO) jumped more than 53% on Monday after the company revealed it had entered a binding term sheet with Barrick Gold (TSX: ABX; NYSE: GOLD)…
Investments from autocratic states need full ICA review, says parliamentary committee
All investments made by firms from authoritarian regimes should undergo the complete security review process stated in the Investment Canada Act (ICA), a parliamentary committee said in a new report…
Kinross in negotiations to sell Russian mines
Canada’s Kinross Gold Corp (TSX: K; NYSE: KGC) has entered exclusive negotiations with an unnamed third-party mining company after receiving several proposals to sell all its Russian assets. As part…
Ariana Resources rises on Newmont exploration alliance
The London-quoted equity of Ariana Resources (AIM: AAU) gained more than 10% on Thursday after it announced an exploration alliance with the world’s biggest gold producer, Newmont Corp (NYSE: NEM,…
Canada’s capex raising credentials remain a siren call for mine developers
For more than a century, Canada has been the global leader in capital formation for the mineral exploration and development industry. However, in the wake of modern demand for niche…
New Agnico Eagle positioned for growth, says chairman Sean Boyd
A little more than two weeks following the closure of the $10 billion merger of Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kirkland Lake Gold, Agnico’s new CEO Tony…
Probe Metals raises $20.8M for Canadian exploration
Probe Metals (TSXV: PRB; US-OTC: PROBF) is raising $20.8 million for exploration on its Canadian gold projects by issuing approximately 6.7 million flow-though shares at $3.10 each. The shares will…
Video: Gold Royalty Corp poised to accelerate growth in 2022, says CEO
Gold-mining executive David Garofalo says the copper and gold deal-making environment has never been better. He looks to kick Gold Royalty Corp (NYSE American: GROY) growth into high gear in…