African-focused Endeavour Mining believes there is a “compelling value creation opportunity” by merging with TSX- and LSE-listed miner Centamin, but says its attempts to engage that company’s board came to nothing.
TSX-listed Endeavour on Tuesday went…
Endeavour takes C$2.5bn offer to Centamin shareholders Read More »
China’s Zijin Mining Group Co has agreed to buy Canadian miner Continental Gold for C$1.3-billion, but a top executive with the target company said elevated security concerns in Colombia pose a risk to the deal.
State-backed Zijin’s offer for Continen…
China’s Zijin agrees to buy Canada’s Continental for C$1.3bn Read More »
ASX-listed Alita Resources, which went into administration earlier this year, has entered into a $70-million loan facility agreement with China Hydrogen Energy (CHE), while it mulls a deed of company arrangement (DOCA) with the Chinese group.
The fun…
Alita gets an offer from Chinese heavyweight Read More »
Lithium miner Alita Resources Ltd’s administrators said on Friday the company has entered into a A$70-million ($47.50-million) loan facility agreement with China Hydrogen Energy Ltd to pay back its biggest shareholder.
Earlier this year, Galaxy Resour…
Australia’s Alita Resources plans for loan to repay largest shareholder Read More »
Mining services provider NRW Holdings has inked an acquisition agreement with fellow services provider BGC Contracting.
Under the terms of the agreement, NRW would acquire BGC Contracting for A$116.4-million in cash, with NRW also assuming A$193.6-mi…
NRW busy BGC Contracting Read More »
Mining services provider NRW Holdings has inked an acquisition agreement with fellow services provider BGC Contracting.
Under the terms of the agreement, NRW would acquire BGC Contracting for A$116.4-million in cash, with NRW also assuming A$193.6-mi…
NRW buys BGC Contracting Read More »
Gold miner Silver Lake Resources has started the compulsory acquisition of takeover target EganStreet Resources’ remaining shares after gaining a 90.99% interest in the company. Silver Lake has urged the remaining EganStreet shareholders to accept its …
EganStreet offer nearing its end Read More »
The board of copper/gold miner Oz Minerals has taken a final investment decision on the $35-million Pedra Branca mine, in Brazil.
The one-million tonne a year underground operation is expected to have a mine life of eight years, and would produce some…
Oz pulls the trigger at Pedra Branca, launches Brazilian hub strategy Read More »
A subsidiary of miner Hancock Prospecting has taken a A$7.87-million stake in ASX-listed Catalyst Metals.
Catalyst on Wednesday reported that Gold Exploration Victoria has agreed to subscribe for 3.5-million fully paid ordinary shares, at a price of …
Hancock subsidiary takes stake in Catalyst Read More »
Kirkland Lake Gold CEO Tony Makuch faces an uphill battle convincing investors and analysts that he made the right decision in buying higher cost producer Detour Gold.
Toronto-based Makuch traveled to New York Tuesday to meet with investors as shares …
CEO extols Detour deal as rout wipes $2bn from Kirkland Read More »
