First Quantum launches US$1B debt offering
First Quantum Minerals (TSX: FM) is offering US$1 billion in senior notes to repay existing loans and redeem previously issued notes. First Quantum’s stock was up 1.2% by 11:30 a.m….
Copper
Osisko cofounder Wares praises private equity, scolds debt financiers, nips NIMBYism
Osisko Metals (TSX: OM; US-OTC: OMZNF) is part of a rising trend tapping private equity to help build projects, but it’s wary of the growing role of “predatory” debt financing. …
Chile to negotiate with lithium partners on case-by-case basis, says mining minister
Chile’s mining minister Marcela Hernando clarified the country had announced a strategy, not a policy.
Faraday cuts 46 metres of 1.68% copper at Arizona project
Faraday Copper (TSX: FDY; US-OTC: CPPKF) has assays from six recent holes at its Copper Creek project in Arizona, and the best of them tested 1.68% copper, 0.33 gram gold…
SolGold mulling phased development of Cascabel copper mine
Ecuador-focused SolGold (LSE: SOLG) is considering a phased approach to the development of its flagship Cascabel copper-gold project in the Andean country as a way to reduce upfront capital and…
Newcrest Mining agrees to reunite with gold giant Newmont
Newmont (NYSE: NGT; TSX: NEM) and Newcrest Mining (TSX: NCM; ASX: NCM) are getting back together after being separated for more than 30 years. Newcrest, which started as an Australian…
Silvercorp to buy copper-gold focused junior Celsius Resources
Silvercorp Metals (TSX: SVM) is moving towards being a diversified precious-base metals producer with the signing of a preliminary agreement to acquire Australia’s Celsius Resources (ASX: CLA) in a stock-plus-cash…
Ivanhoe Electric sets up JV with Saudi Arabia’s Ma’aden
Ivanhoe Electric (TSX: IE; NYSE AM: IE) is forming a 50/50 joint venture with Saudi Arabian miner Ma’aden to explore for metals considered key for the world’s energy transition in…
Pembridge Resources shares collapse on Minto mine halt
Shares in Pembridge Resources (LSE: PERE) fell as much as 82% on Monday as it disclosed it was assessing its ability to stay in business after Canada’s Minto Metals (TSXV: MNTO),…
Glencore bid for Teck faces stiff Canuck rules, pride as mining M&A activity triples
Glencore (LSE: GLEN) faces an uphill battle to buy Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) because of Canadian nationalism despite surging mergers and acquisitions in the critical minerals space. The…
Ivanhoe Electric buys private land by copper project in Arizona
Robert Friedland’s Ivanhoe Electric (TSX: IE; NYSE: IE) said on Thursday it will buy 6,205 acres of private land for US$120.5 million by its Santa Cruz copper project near Casa…
Newcrest extends Newmont’s exclusivity period to make binding offer
Newcrest Mining (TSX: NCM; ASX: NCM) has extended the exclusivity period for Newmont (NYSE: NEM, TSX: NGT) to complete its due diligence and submit a binding takeover offer under the…