Freeport McMoRan is not interested in pulling the trigger on a deal for its Grasberg copper-gold mine in Indonesia, president and CEO Richard Adkerson said on Monday, tamping down speculation of a tie-up with Canadian miner Barrick Gold.
“Now’s just n…
Freeport’s Adkerson pours cold water on Barrick Grasberg tie-up Read More »
Freeport McMoRan is not interested in pulling the trigger on a big deal while it ramps up copper output at its Grasberg mine, president and CEO Richard Adkerson said on Monday.
“Now’s just not the time for Freeport to think about doing a big strategic…
‘Not the time’ for big strategic M&A, Freeport’s Adkerson says Read More »
The share price of junior Alto Metals surged by more than 80% on Monday as the company weighs its options regarding a possible bid from fellow-listed Goldsea Australia Mining.
Goldsea, which is an Australian wholly-owned subsidiary of Shandong Goldse…
New offer emerges for Alto Read More »
Luxembourg‐incorporated La Mancha has completed the acquisition of 124 229 389 shares of Aim- and TSX-V-listed Altus Strategies, with the private gold investor now holding a 35.4% shareholding in the Africa-focused project company.
La Mancha acquired …
La Mancha now a 35% shareholder of Altus Strategies Read More »
Aim- and TSX-V-listed Altus Strategies on Wednesday said its shareholders had approved all resolutions to effect the proposed strategic investment by mining investment group La Mancha Holding in the company.
Altus will issue about 124-million new ord…
Altus shareholders give go ahead for La Mancha deal Read More »
Suitor TerraCom’s takeover offer for ASX-listed Universal Coal seems to have gained traction with shareholders, despite Universal’s obvious reluctance.
TerraCom on Wednesday announced that acceptances to date, when aggregated with TerraCom’s existing…
TerraCom’s offer for Universal gains traction Read More »
Suitor TerraCom on Monday said that it would defend itself against any proceedings brought on by coal miner Universal Coal, after the takeover target warned that it would start litigation to impose a sanction on TerraCom to limit its ultimate stake in …
Legal stoush looms for Universal and TerraCom Read More »
Sirius Minerals said on Friday talks with a consortium of financial investors on an alternate debt financing proposal to raise $680-million has fallen through, putting the company at the risk of going under administration or liquidation.
"The boar…
Sirius Minerals fails to find financial support, recommends Anglo bid Read More »
Takeover target Universal Coal has raised a number of concerns regarding a takeover offer from ASX-listed TerraCom.
TerraCom earlier this week officially launched its 33.5c a share offer for each of Universal share held, consisting of 10c in cash and…
Universal raises concerns on TerraCom offer Read More »
The share price of junior Metalicity on Wednesday closed 25% higher after the company flagged a possible corporate transaction with fellow-listed Nex Metals Exploration. Metalicity and Nex Metals on Wednesday told their respective shareholders that the…
Metalicity flags possible deal with Nex Metals Read More »
