The Australian Securities and Investment Commission (ASIC) has revoked an interim stop order in relation to ASX-listed TerraCom’s bid for South Africa-focused coal miner Universal Coal.
The Australian watchdog at the end of February imposed the stop …
ASIC lifts stop order on TerraCom/Universal bid Read More »
Merger and acquisition (M&A) deals in the Canadian mining sector rose sharply in the final quarter of 2019, with deals worth $6.81-billion announced.
According to GlobalData’s deals database, the value marked an increase of 964% over the previous …
Canadian mining M&A picked up pace in fourth quarter Read More »
The shareholders of London-listed Sirius Minerals have approved a takeover by global mining major Anglo American.
Almost 62% of the shareholders who voted at a general meeting in London on Tuesday voted for the deal. These shareholders represented 80%…
Sirius wins shareholders’ backing for Anglo American takeover Read More »
Takeover target Universal Coal and suitor TerraCom have agreed to adjourn a general meeting of Univesal’s shareholders while the two companies conduct a legal battle.
TerraCom has previously called for the general meeting in a bid to remove Mark Eames…
Universal and TerraCom hold off on shareholder meeting Read More »
ASX-listed Northern Minerals on Tuesday told shareholders that the company could seek further funding in the form of debt, equity or both to progress its Browns project, on the border of Western Australia and the Northern Territory.
The announcement c…
Northern Minerals open to more funding Read More »
Canadian companies Wallbridge Mining and Balmoral Resources on Monday announced their combination to form an exploration and development company with a dominant land position along the Detour gold trend in Quebec.
In terms of the definitive agreement,…
Wallbridge to buy Balmoral in all-stock deal Read More »
Billionaire Andrew Forrest raised his stake in Fortescue Metals Group, snapping up a further A$242.9-million in the Australian iron ore miner he founded, and praised the group’s environmental credentials.
Forrest, who is also Fortescue’s chairman and …
Fortescue’s billionaire owner Forrest ups stake, lauds green efforts Read More »
Junior mineral explorer American Battery Metal has signed a nonbinding letter of intent (LoI) to buy a private Canadian gold company, which has exploration assets in one of the most prolific gold producing regions of Colombia.
Fenix’s flagship propert…
American Battery eyes Colombia gold, cans Bayshore deal Read More »
The takeover of TSX-listed Continental Gold by China’s Zijin Mining Group is expected to close in the next ten days, after the companies gained the final regulatory approvals for the C$1.3-billion transaction.
Zijin has received the Canadian Investmen…
Canada approves takeover of Continental by Zijin Read More »
The share price of Vancouver-headquartered Otis Gold surged 28% on Monday, following the news that Toronto-listed Excellon Resources would buy the company.
The combined business would combine Excellon’s Platosa high-grade silver mine, in Mexico, with …
Precious metals bull Excellon buys Otis Gold Read More »
