Wallbridge completes nickel asset sale to Archer; stock rises
Wallbridge Mining (TSX: WM, US-OTC: WLBMF) has completed the sale of all its nickel assets — namely the Grasset and RUM projects in Quebec and Sudbury and NW projects in…
M&A
Maple Gold seeks Abitibi acquisitions as it drills deep in Quebec
NEAR MATAGAMI, QUEBEC– Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) is in “advanced and detailed” talks with three potential acquisitions as it seeks to nearly double its contained gold resources,…
Canada draws a line on critical minerals, but leaves unanswered questions
Less than a year after the federal government approved the takeover of Neo Lithium by China’s Zijin Mining without a full national security review under the Canada Investment Act, it…
Pan American, Agnico Eagle throw wrench in Gold Fields-Yamana deal
Pan American Silver (TSX: PAAS; NASDAQ: PAAS) and Agnico Eagle Mines (TSX: AEM; NYSE: AEM) have announced a rival offer for Yamana Gold (TSX: YRI; NYSE: AUY), throwing Gold Fields’…
Turquoise Hill agrees to beefed up US$3.3B offer from Rio Tinto
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has reached an in-principle deal with Turquoise Hill (TSX: TQR) to buy the 49% of the Canadian miner it doesn’t already own…
Video interview: American Pacific Mining’s Constantine buy a ‘win-win’ for both juniors
Vancouver-based American Pacific Mining (CSE: USGD; US-OTCQX: USGDF) has announced the acquisition of Constantine Metal Resources (TSXV: CEM) and its Palmer zinc-copper-gold-silver volcanic massive sulphide project north of Haines in…
Silver Lake to invest more than $30M in turnaround plan for Sugar Zone gold mine
Australia’s Silver Lake Resources (ASX: SLR), the new owner of the Sugar Zone mine in northern Ontario, is prepared to invest between $31.2 million and $41.1 million over the next…
Denison completes test work to define Phoenix process plant components; confirms ability to produce yellowcake
Denison Mines (TSX: DML) has achieved a key milestone in the advancement of its Wheeler River uranium project in Saskatchewan with the completion of metallurgical test work to define the mechanical components for…
TSX end July 25-29 trading week in the black
Over the July 25-29 trading week, the S&P/TSX Composite Index gained 588.44 points or 3.1% to end at 19,104.48. The S&P/TSX Global Mining Index gained 5.15 points or 5.9% to…
Aris Gold, GCM Mining rise on all-share merger deal
Colombia focused precious metals producers Aris Gold (TSX: ARIS) and GCM Mining (TSX: GCM) have announced an all-share merger deal that will see GCM — already a major shareholder of…
B2Gold to buy Aussie junior Oklo Resources
Canada’s B2Gold (TSX, NYSE: BTO) is buying Australian explorer Oklo Resources (ASX: OKU) in a deal valued at A$90 million (US$64 million) or 17.25¢ per share, representing a 127% premium on…
Wyloo targets net-zero mine, world-class battery production after Noront takeover
Australian billionaire Andrew Forrest’s Wyloo Metals has completed the acquisition of Noront Resources almost a year after placing its initial offer to buy the company and edging out the world’s…