Diversified miner Independence Group has sold off its 18.4% interest in fellow-listed New Century Resources, less than six months after a A$23.77-million investment in the junior metals company.
Independence in April this year issued 158.5-million sha…
Independence sells New Century stake Read More »
The high gold price has allowed copper and gold producer Aeris Resources to make its first quarterly repayment on its A$30-million acquisition bridging facility ahead of schedule. The company on Tuesday said that the quarterly repayment of A$7.5-millio…
Aeris starts debt repayment Read More »
Junior Avira Resources has struck a term sheet with TSX-listed EMX Royalty Corp to divest of its remaining Queensland exploration tenements.
Under the terms of the agreement over the Yarrol and Mt Steadman tenements, EMX would pay an option fee of A$5…
Avira exits Qld exploration Read More »
Berkshire Hathaway has bought a 5% stake in each of Japan’s five biggest trading houses, together worth over $6-billion, marking a departure for chairman Warren Buffett as he looks beyond the United States to diversify his conglomerate.
The long-term …
Buffett looks to Japan with $6bn bet on five biggest trading firms Read More »
ASX-listed Talga Resources has struck a sales agreement for the company’s gold royalty entitlements in Western Australia, with Aim-listed Trident Royalties.
The royalties cover four projects located in the Pilbara and Yilgarn regions, and includes a 1…
Talga sells gold royalties Read More »
ASX-listed Talga Resources has struck a sales agreement for the company’s gold royalty entitlements in Western Australia, with Aim-listed Trident Royalties.
The royalties cover four projects located in the Pilbara and Yilgarn regions, and includes a 1…
Talga sells gold royalties Read More »
Gold miner Kirkland Lake on Friday revealed that it had divested of its 9.57% interest in TSX-listed Osisko Mining Inc, and has diluted its shareholding in Novo Resources as part of efforts to strengthen its balance sheet.
The ASX, TSX, and NYSE-liste…
Kirkland Lake sells off shareholdings Read More »
Engineering and construction group Murray & Roberts (M&R) is considering acquisition targets in the open-pit mining services sector, where it is aiming to expand the presence of its mining platform, which has hitherto had an underground mining …
M&R pursuing open-pit services acquisition as it seeks ‘step-change’ growth in mining Read More »
Nemaska Lithium has accepted a sale proposal structured as a credit bid from a group made of the corporation’s largest secured creditor, Orion Mine Finance, Investissement Québec and The Pallinghurst Group.
The sale, announced on Monday, comes at th…
Nemaska Lithium accepts bid from Orion, IQ and Pallinghurst Read More »
ASX-listed Titan Minerals has struck a divestment agreement over its non-core Peruvian assets, as part of a strategic review to consolidate its operations.
The Peruvian assets were acquired as part of Titan’s acquisition of Canada’s Core Gold.
Titan divests of Peruvian projects Read More »
