American silver producer Hecla Mining yesterday announced the acquisition of all the shares it doesn’t already own in Canada’s Alexco Resource, in an all-share deal valuing the junior silver play at US$74 million. Hecla said the figure represents a premium of 23% based on Alexco’s five-day volume weighted...
TSX and NYSE-listed Orla Mining has announced the entering into a definitive agreement with smaller player Gold Standard Ventures Corp for the acquisition of all of the issued and outstanding shares of Gold Standard, by way of a court-approved plan of arrangement. Via the transaction, Orla...
South Africa’s Gold Fields has agreed to buy Canadian precious metals producer Yamana Gold, in an all-share deal worth close to US$7 billion. Gold Fields is offering 0.6 of one of its shares for each Yamana share, which resembles a 34% premium to the 10-day volume...
Canada's Asante Gold could be set to bolster its Ghanaian portfolio with the Chirano Gold Mine, after entering into an exclusivity agreement with Kinross Gold Corp for potential ownership of the asset. Chirano is an open pit and underground mining operation located in Southwestern Ghana, immediately...
Metals Acquisition Corp is set to acquire the CSA copper mine in Australia after Glencore accepted a US$1.1 billion offer from the blank-check firm. Glencore had a deal in place with Perth-based IGO Ltd for the high-grade copper mine, located in New South Wales, however the miner...
Australian miner IGO has revealed it is in exclusive discussions to acquire the CSA copper mine, owned by Glencore, which is located in the Australian state of New South Wales. However, IGO stressed that the talks have not yet been concluded and the company is still...
BHP Group has reported an underlying profit of US$9.72 billion for the six months ending December 31, beating expectations and triggering talk of potential M&A transactions to further expand the portfolio of the world’s biggest miner. The Australian firm has been helped by high commodities prices,...
Kirkland Lake Gold churned out a record 380,470 ounces of gold from three operations in the last quarter of 2021, placing it on solid ground for its imminent merger with senior Canadian producer Agnico Eagle Mines. The high-grade gold miner also posted record production for the...
London-listed Bacanora Lithium is set to be acquired by Chinese battery chemicals giant Ganfeng Lithium after receiving an offer totalling US$264.5 million for the shares Ganfeng doesn’t already own. Ganfeng raised its stake in Bacanora up to 28.88% as recently as February, but the latest offer...
Latin America-focused Fortuna Silver Mines has announced a cash and stock deal worth US$884.3 million for Roxgold, a gold miner with projects in Burkina Faso and Côte d’Ivoire. TSX-listed Fortuna, which has operations in Peru, Mexico and Argentina, said the combined company would produce about 450,000...