Egypt-focused miner Centamin has expressed its disappointment in the way that its potential suitor, Endeavour Mining, is tackling negotiations, slamming the Toronto-listed company for “repeatedly refusing to engage in a proper manner”.
On Monday, Ende…
Centamin says Endeavour still refuses to engage in ‘proper manner’ Read More »
Diversified metals miner Independence Group has extended its takeover offer for fellow listed Panoramic Resources until January 17, as the company assesses its position in relation to the breach of several defeating conditions.
Independence in Novembe…
Independence extends Panoramic offer Read More »
Vancouver-headquartered Core Gold on Tuesday detailed the outcomes of a strategic process, which culminated in a “senior gold producer” with a market capitalisation of $4-billion making a nonbinding offer of C$0.33 a share.
The unnamed gold miner made…
Core Gold rejects offer from unnamed senior gold producer Read More »
Vancouver-headquartered Core Gold on Tuesday detailed the outcomes of a strategic process, which culminated in a “senior gold producer” with a market capitalisation of $4-billion making a nonbinding offer of C$0.33 a share.
The unnamed gold miner made…
Core Gold rejects proposal from unnamed senior gold producer Read More »
Corporate activity in the gold sector is keeping up a speedy pace, with Canadian miners Equinox Gold and Leagold on Monday announcing their combination to create a “premier Americas gold producer”.
The TSX-listed companies entered into a definitive ag…
Gold M&A heats up as Equinox buys rival Leagold Read More »
Gold miner Northern Star Resources went into a trading halt on Monday, pending the announcement of a potential significant transaction, as reports swirled that the company would buy major Newmont Goldcorp’s interest in the Super Pit mine, in Kalgoorlie…
Northern Star halts trade among Super Pit rumours Read More »
Sébastien de Montessus, the CEO of Endeavour Mining, and Josef El-Raghy, executive chairperson of Centamin, have met in Perth, Australia, last week to discuss the merits of a combination of the two companies.
During the meeting, in which non-disclosur…
Endeavour and Centamin agree to reciprocal due diligence Read More »
The directors of takeover target Azumah Resources have urged the remaining shareholders to accept a takeover offer from suitor Ibaera Capital before the offer closed on December 17. Ibaera, which currently holds an 84% stake in Azumah, was offering sha…
Azumah urges acceptance of Ibaera offer Read More »
Diversified major Rio Tinto on Thursday said that it would ‘consider its options’ regarding the proposed A$476-million capital raise by uranium miner Energy Resources of Australia (ERA), after the Australian Takeovers Panel declared unacceptable circum…
Rio weighing options in ERA funding row Read More »
A torrent of deal-making among gold producers that’s pushed M&A in the sector to an eight-year high is seen spilling over into the wider mining industry — if there’s a rally in global growth.
Pending and completed gold acquisitions have reached a…
Gold’s deal blitz could draw in the rest of the mining sector Read More »
