The shareholders of gold miners Alacer Gold and SSR Mining will meet on Thursday to vote on a C$2.4-billion merger.
Under the transaction, Alacer shareholders would receive 0.3246 SSR Mining shares for each Alacer share held, implying a consideration …
Alacer and SSR ready for shareholder votes Read More »
The share price of ASX-listed Panoramic Resources rose by nearly 11% on Tuesday after the company announced that it was now debt free.
The company has told shareholders that subsidiary Savannah Nickel Mines had full repaid a A$25-million debt facility…
Panoramic debt free Read More »
Toronto-listed gold miner Guyana Goldfields has received a binding proposal from a foreign-based multinational mining company for the acquisition that is superior to that of fellow-listed Silvercorp Metals, valuing it at C$323-million.
The offer from …
Guyana Goldfields receives offer 35% higher than Silvercorp’s Read More »
Democratic Republic Congo-focused Katanga Mining is now wholly-owned, directly or indirectly, by multicommodities trader and miner Glencore, having completed the going-private transaction announced in April.
The company has applied to the Toronto exch…
Katanga now a wholly owned Glencore subsidiary Read More »
Mining personality Clive Palmer was left jubilant on Wednesday after the Queensland Supreme Court dismissed claims of A$124-million against the billionaire.
The judgment by Justice Debra Mullins followed a civil trial into the 2016 collapse of Queensl…
Palmer cleared of A$124m claim Read More »
Freight operator Aurizon has executed a A$1.3-billion debt refinancing, securing an additional A$420-million in funding compared with its existing facilities.
Aurizon said on Wednesday that as part of the new debt facilities, the existing syndicated …
Aurizon refinances debt Read More »
Gold miner Perseus Mining has made a A$59.8-million takeover offer for ASX-listed Exore Resources.
Exore holds some 2 000 km2 of tenements in northern Cote d’Ivoire, near Perseus’ Sissingue gold mine, with the junior company holding an 80% joint ventu…
Perseus makes a A$60m play for Exore Read More »
ASX-listed Panoramic Resources has completed the institutional component of its entitlement offer and an underwritten institutional placement, raising an initial A$51.9-million.
Panoramic last week announced plans for a A$90-million capital raise to t…
Panoramic raises initial A$51.9m Read More »
Iron-ore major Fortescue Metals on Friday moved to assure shareholders that a decision by the High Court of Australia to deny the company leave to appeal an earlier ruling on a native title determination would not affect the current or future mining o…
Fortescue facing compensation claims after High Court ruling Read More »
The C$1-billion deal to create West Africa’s largest gold miner received a near 100% vote of support from shareholders in Endeavour Mining.
The TSX-listed company on Thursday held a live audio webcast to allow shareholders to vote on the acquisition o…
Big shareholder thumbs up for Endeavour’s Semafo buy Read More »
