Drilling services company Major Drilling has acquired family-owned drilling company Norex Drilling from Timmins, Ontario for $19.7-million.
Major Drilling CEO Denis Larocque said on Monday that the acquisition was an “unique opportunity” to gain a pos…
Major Drilling buys Timmins-based contractor Norex Read More »
The National Development and Reform Commission of China has approved a A$19.5-million investment by China’s Jinan Hi-Tech into ASX-listed Triton Minerals. Triton in June this year announced the agreement, under which Jinan would subscribe for A$8.5-mil…
Chinese authorities approve Triton deal Read More »
Junior Havilah Resources on Thursday announced six redundancies, including that of its CEO Walter Richards and joint company secretary and business manager Clair Redman. The company noted that a further two staff members will retire before the end of O…
Redundancies start at Havilah Read More »
Mining private equity group Pala Investments has sweetened its offer for battery metals streaming company Cobalt 27 by increasing the total cash consideration by C$30-million.
The new arrangement, announced on Tuesday, provides that Cobalt 27 sharehol…
Pala sweetens Cobalt 27 offer Read More »
The directors of TSX-V-listed Core Gold have urged its shareholders not to take any action over a second takeover offer from ASX-listed Titan Minerals.
Titan in September launched its second takeover offer for Core, offering 2.5 fully paid ordinary s…
Core still considering other options besides Titan Read More »
Gold miner Troy Resources has fully repaid its long-standing $71.57-million Investec Bank debt facility, making Troy fully bank debt free.
“We are delighted to make this final payment to Investec such that the facility is now repaid in full in what re…
Troy repays its debt Read More »
The Queensland government and Indian major Adani have extended the target date to conclude a royalty deferral and repayment agreement for the Carmichael coal mine.
The agreement is now targeted for completion by the end of November this year.
Adani timeline adjusted for royalty Read More »
The shareholders of takeover target MOD Resources on Tuesday approved a takeover offer by fellow listed Sandfire Resources.
While shareholder approval for the transaction has now been obtained, the offer still remained subject to a number of condition…
MOD shareholders vote for Sandfire Read More »
Following shareholder approval, junior Sagon Resources has moved to take full ownership of the Cummins Range rare earths project, in Western Australia.
The company in July this year struck an agreement with fellow listed Element 25 to acquire the Cum…
Cummins Range sale completed Read More »
ASX-listed Focus Minerals has told shareholders that a competing offer from Hong Kong-listed China Hanking Holdings for the Coolgardie gold project, in Western Australia, was not a superior offer to the one currently offered by fellow-listed Horizon Mi…
Focus sticks to its guns as new Coolgardie bid emerges Read More »
