ASX-listed Highlands Pacific has received a takeover offer from Canadian shareholder Cobalt 27 Capital Corporation.
Under the terms of a scheme implementation agreement, Cobalt 27, which already holds a 13% interest in Highlands, was offering sharehol…
Highlands gets offer from Cobalt 27 Read More »
ASX-listed Metallica Minerals has terminated proposed merger with TSXV-listed Melior Resources.
The two companies in September last year struck a binding merger agreement to create a diversified Queensland mining company, which will combine mineral sa…
Melior and Metallica point fingers as merger falls apart Read More »
Gold miner Northern Star’s A$150-million cash bid for the remaining 49% stake in the East Kundana joint venture (JV) has been rejected by ASX-listed Tribune Resources and Rand Mining.
Northern Star in November last year made the all-cash offer after b…
Northern Star’s advances rejected by JV partners Read More »
South African labour union the Association of Mineworkers and Construction Union (AMCU) has moved to block the acquisition of struggling platinum miner Lonmin by gold and platinum producer Sibanye-Stillwater by appealing the transaction’s regulatory ap…
AMCU moves to overturn Sibanye’s Lonmin deal Read More »
Gold Ramelius Resources’ sweetened takeover bid has won over fellow ASX-listed Explaurum, with the takeover target on Tuesday recommending that shareholders accept the offer.
Ramelius last week improved its offer by adding 2c a share in cash in additi…
Sweetened Ramelius offer gains favour with Explaurum Read More »
Gold Ramelius Resources’ sweetened takeover bid has won over fellow ASX-listed Explaurum, with the takeover target on Tuesday recommending that shareholders accept the offer.
Ramelius last week improved its offer by adding 2c a share in cash in additi…
Sweetened Ramelius offer wins over Explaurum Read More »
Shareholders in Mason Resources on Monday approved a plan of arrangement with Hudbay Minerals, whereby the diversified miner will acquire Mason for C$0.40 a share.
At the meeting, the shareholders approved the arrangement resolution with about 97.43% …
Mason shareholders approve takeover by Hudbay Read More »
Trading in Randgold Resources on the LSE and Nasdaq will cease on December 31, as its $6.1-billion share-for-share merger with Barrick Gold cleared its last major milestone.
The Royal Court of Jersey on Monday sanctioned the scheme of arrangement, whi…
Randgold-Barrick merger clears last major milestone Read More »
Canadian gold major Barrick Gold is rewarding its shareholders with a larger full-year dividend, in line with a previous commitment to boost its payouts as a sweetener for its $6.1-billion merger with Africa-focused Randgold Resources.
The company has…
Australian gold miner Newcrest Mining Ltd has raised its holdings in Ecuador gold and copper developer SolGold, nudging further ahead of the company’s second biggest investor BHP Group .
Newcrest International paid 11.148-million pounds for 27.87-mill…
Newcrest raises stake in Ecuador copper/gold developer SolGold Read More »
