Minvest Partners finds niche in advanced exploration assets
Valuations in the mining sector have sunk low enough to attract value-oriented private equity funds, including big generalist firms Apollo Global Management, Carlyle Group and KKR & Co.
Financial Matters, M&A
International Millennium, Elephant Copper to merge
Vancouver-based International Millennium Mining (TSXV: IMI), which has exploration properties in B.C. and Nevada, is adding ground to its portfolio in Africa through a planned merger with a slightly larger private company called Elephant Copper.
[Update] Colossus proposes costly debt-equity deal to stay alive, then Arias cancels deal
VANCOUVER – Colossus Minerals (TSX: CSI) has spent the last six-plus years bringing the historic Serra Pelada gold-platinum-palladium project in Brazil to the brink of production. It has worked alongside a consortium representing tens of…
Mamba Minerals tables offer for Champion Iron
Champion Iron Mines (TSX: CHM; US-OTC: CPMNF) brought its Consolidated Fire Lake North project in the Labrador Trough to the prefeasibility stage, and Mamba Minerals (ASX: MAB) believes it has what it takes to advance the iron-ore project all…
Centamin eyes big African land position with Ampella bid
VANCOUVER — Gold producer Centamin (TSX: CEE; LSE: CEY; US-OTC: CELTF) has been searching for exploration upside in West Africa, and it looks like the company found a fit in Australian junior Ampella Mining (ASX: AMX; US-OTC: APMZF)…
LionGold could be looking for a project near you
Two years ago what is now Singapore-listed LionGold (SGX: SIGO) was called “Think Environmental Co.,” and it held investments and managed businesses in the renewable energy sector.
Highland Copper to acquire White Pine
Highland Copper (TSXV: HI; US-OTC: HDRSF) is expanding its footprint in northern Michigan with the acquisition of the White Pine copper project, 100 km southwest of its Keweenaw copper project.
Juniors weather storm in rough markets: PwC
It’s been a rough two years for junior mining companies globally, with a steep drop in commodity prices accompanying an uneven recovery in the world’s industrial economies, and a serious drop in investor confidence. Canadian miners…
Alix Resources all for bitcoin exchange
For those who claim that the mining industry rarely likes to adopt new technology, Alix Resources (TSXV: AIX; US-OTC: ARXFR) has a story to tell.
Commentary: Restructuring alternatives for Canadian companies
As terms such as “proposal”, “CCAA” and “bankruptcy” are mentioned frequently in Canadian business news these days, it’s important to understand what they actually mean, and when and how they may be of…
Hudbay sells Back Forty stake, Constancia’s gold
With seven projects in the Great Lakes area, Aquila Resources (TSX: AQA; US-OTC: AQARF) is carving out something of a reputation as a junior explorer to watch in this region of North America. That reputation grew two sizes in early November,…
Mosaic spends US$1.4B for CF Industries’ assets
Mosaic’s (NYSE: MOS) proposed acquisition of CF Industries Holdings’ (NYSE: CF) phosphate business will give it enough product to meet expected demand growth, mostly in North and South America; brings earnings accretion; and exceeds…