Mining

ASX-listed Galan Lithium has entered into an asset acquisition agreement with Lithium Australia for an 80% interest in the Greenbushes South Lithium project in Western Australia (WA). Under the agreement, Galan will issue 1,221,000 fully paid ordinary shares to Lithium Australia and will solely fund expenditure...

The global mining sector will benefit from strong metals prices and a conducive environment for mergers and acquisitions in 2021, according to various analysts of the space. Canadian firm Haywood Securities believes that Agnico Eagle Mines’ recent deal for TMAC Resources could ‘signal the potential for...