Gold miner Gold Fields, through its Gold Fields Netherlands Services (GF Netherlands) subsidiary, has sold down its stake in Vancouver-based precious metals royalty and streaming company Maverix Metals to 11.65%, the company reported on Tuesday.
The s…
Gold Fields sells down stake in Maverix Metals Read More »
Mining contractor Macmahon has confirmed market speculation that it is in discussions about a potential acquisition of GBF Underground Mining Group.
The potential transaction is still in the early stages, Macmahon said in an announcement to the ASX la…
Macmahon eyes acquisition Read More »
The share price of Aim-listed mining company Patagonia Gold jumped 15% on Friday to 61.55p a share, following news that it agreed to a takeover by Canadian firm Hunt Mining.
Patagonia Gold shares jump on Hunt Mining takeover Read More »
Junior Coppermoly has placed more than 404.1-million shares to Chinese investor Shanghai Fuyuan Investment Company (SFIL), raising A$6-million in the process.
The share placement, which was priced at 1.5c a share, will result in SFIL holding a 19% int…
Coppermoly welcomes Chinese investor Read More »
Sello Moloko will step down as chairperson of JSE- and NYSE-listed Sibanye-Stillwater, effective September 30, and will be succeeded by nonexecutive director Dr Vincent Maphai, whose appointment is effective June 1.
A statement by the miner on Wednes…
Maphai to succeed Moloko as Sibanye chairperson Read More »
Diversified miner South32 has signed a A$6-million earn-in agreement over ASX-listed Superior Resources’ Nicholson base metals project, in Queensland.
Under Stage 1 of the earn-in agreement, South32 would sole fund an initial A$2-million, or 4 000 m o…
South32 joins the Nicholson hunt Read More »
ASX-listed Cape Lambert has inked a non-binding term sheet for a A$15-million finance facility to provide flexibility in its negotiations for either an offtake or strategic partner that could result in alternative funding.
The term sheet provided by W…
Cape Lambert secures A$15m funding Read More »
South America’s “largest and most advanced” platinum group metals (PGM) and nickel project, Pedra Branca in Brazil, is being sold to Canadian entity ValOre Metals for £4.1 million, London-listed Jangada Mines announced on Tuesday.
The company explaine…
Jangada sells South America PGMs project to ValOre Read More »
The shareholders of ASX-listed Gindalbie Metals will meet on July 3 to vote on its takeover and demerger plans, follow approval from the Federal Court of Australia.
Gindalbie in March announced a 2.6c a share takeover offer from Ansteel, which current…
Gindalbie shareholders called to meet Read More »
ASX-listed Ora Banda Mining, previously known as Eastern Goldfields, will raise A$30-million as part of efforts to recapitalize the company.
Eastern Goldfields went into administration in 2018 after a A$75-million recapitalization transaction fell thr…
Ora’s recapitalisation plans progress apace Read More »
