Junior miners and explorers cashing up
Junior explorers launched substantial financings when the networking-heavy Prospectors & Developers Association of Canada convention wrapped up in Toronto.
Junior explorers launched substantial financings when the networking-heavy Prospectors & Developers Association of Canada convention wrapped up in Toronto.
Financing was a recurring theme at this year’s eightieth Prospectors and Developers Association of Canada convention in Toronto. With debt markets in Europe faltering and equity markets globally not performing up to snuff, miners…
Swiss-based Glencore International (GLEN-L) has tabled a friendly $6.1-billion cash bid for Saskatchewan-based grain handler Viterra (VT-T, VTA-A).
The following is an edited excerpt from PwC’s report, entitled: On the road again? Global mining 2011 Deals Review and 2012 Outlook. All figures are in U.S. dollars unless otherwise indicated. To see the full report go to…
After being trumped last year in a bidding war with Rio Tinto (RIO-N) for Hathor Exploration and its Roughrider uranium deposit, Cameco (CCO-T, CCJ-N) is back on the acquisition trail, announcing on March 2 that it plans to buy Areva’s…
Vancouver — Numerous explorers have launched substantial financings just as the networking-heavy Prospectors & Developers Association of Canada convention wraps up in Toronto.
Investment Canada shunned critics and gave a nod to Winsway Coking Coal’s bid for Calgary-based Grande Cache Coal (GCE-T).
This is one of those “good problems” you hear about from time to time in business. After weathering the punishing collapse in demand for commodities that began in 2008 and dragged on for more than two years, the mining industry has…
Salazar Resources (SRL-V) climbed 18% on news that diversified miner Lundin Mining (LUN-T) is acquiring a 15.4% stake in the company by buying over 80% of Salazar’s $3-million private placement, consisting of 6 million units…
With gold equities having largely underperformed for more than a year despite gold prices hitting a series of new all-time highs, many predict a fresh wave of M&A activity for the gold sector in 2012, arguing it now represents one of the…
Commodities trader Glencore International (GLEN-L) is looking to combine with Xstrata (XTA-L) in an all-share merger of equals, which will see the combined entity dominate the global markets for thermal coal, zinc, lead and ferrochrome,…
Korea Electric Power Corporation is taking a 13.9% stake in Strathmore Minerals (STM-T) in a deal that will also give the Korean energy giant off-take rights to a portion of the uranium junior’s future production.
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