Torex Gold buys Prime in $449M Mexico expansion
Torex Gold Resources (TSX: TXG), the largest gold producer in Mexico, is acquiring Prime Mining (TSX: PRYM; US-OTC: PRMNF) and its primary Los Reyes gold-silver project in Sinaloa in an…
M&A, Financing and Restructuring
Gem Diamonds to cut jobs amid industry collapse
Gem Diamonds (LSE: GEMD) has become the latest casualty in a deepening crisis engulfing the global diamond industry, announcing sweeping cost-cutting measures as the market buckles under falling prices and…
Video: Bravo eyes PFS for $1.2B nickel-platinum mine
Bravo Mining’s (TSX.V: BRVO, US-OTC: BRVMF) Luanga nickel-platinum project in Pará, Brazil, has a solid investment case, president Simon Mottram says in a new video interview. A preliminary economic assessment…
Sibanye buys US precious metals recycler Metallix
South Africa’s Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) plans to acquire Metallix Refining, a U.S-based precious metals recycler with two processing and recycling plants in North Carolina, for $82 million. Metallix,…
Video: Agnico Eagle CEO vows to return unused cash, not chase weak deals
Sitting on significant free cash amid gold trading at record price levels, Agnico Eagle Mines (NYSE; TSX: AEM) would rather hand back surplus cash than chase marginal deals, CEO Ammar Al‑Joundi…
Video: Debt fuels takeover bids for juniors, SCP chair says
Mining companies are returning to debt after years of banks stepping back, SCP Resource Finance chair Peter Grosskopf says in a video interview. Banks, public bond underwriters and convertible-debt investors…
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…
Summit going public in Eagle Royalties takeover
Summit Royalty, a precious metals-focused royalty and streaming company, plans to list on the stock market via a reverse takeover (RTO) of Canadian junior royalty firm Eagle Royalties (CNSX: ER;…
From Canadian Malartic to Cariboo, Roosen builds a $14B mining legacy
Sean Roosen doesn’t mince words when he says Canada needs to “stick to the family business.” The celebrated mining executive calls for a return to what he sees as the…
Video: AtkinsRéalis taps AI to accelerate mining capital project cycles
AtkinsRéalis plans to layer AI tools into its engineering platforms that help detect schedule slips and cost overruns as they happen, executive Ed Humphries says in a new video interview….
Video: Iamgold pursues ‘Canada-first’ strategy, CEO says
Iamgold (TSX: IMG; NYSE: IAG) is shifting its focus to Canadian production, president and CEO Renaud Adams said. Franco-Nevada (TSX, NYSE: FNV) last month acquired a 7.5% net profit interest…
Dundee Precious Metals to buy Adriatic in $1.25B deal
Canada’s Dundee Precious Metals (TSX: DPM) is acquiring UK-based Adriatic Metals (LSE: ADT1) in a cash-and-stock deal worth $1.25 billion (C$1.7 billion), marking the latest in a wave of foreign…