Winsome reveals plan to repurpose Renard diamond plant for lithium
Perth-based Winsome Resources (ASX: WR1) plans to buy the Renard diamond mine in Quebec and transform the plant to process lithium. The company has paid $4 million for an option…
M&A, Financing and Restructuring
JV Video: PearTree CEO on dwindling traditional finance avenues for juniors
Traditional finance avenues for junior miners in Canada are becoming scarcer, says PearTree Securities CEO Lisa Davis, contrasting sharply with Australia’s robust mining investments supported by large superannuation funds. This…
Taseko to become sole owner of Gibraltar copper mine in BC
Taseko Mines (TSX: TKO; NYSE: TGB; LSE: TKO) said on Monday it’s acquiring the remaining 12.5% interest in the Gibraltar mine, the second largest open-pit copper operation in Canada, from current…
Hummingbird faces fresh headwinds at Guinea mine
Africa-focused Hummingbird Resources (AIM: HUM) is facing more challenges at its Kouroussa gold mine in Guinea after one of its main contractors, Corica Mining Services, halted activities because of contractual…
SolGold to invest US$3.2B in Cascabel under deal signed with Ecuador
Shares in Ecuador-focused SolGold (LSE: SOLG; TSX: SOLG) shot up more than 23% on Wednesday after the company committed to invest US$3.2 billion in its flagship Cascabel copper-gold project and…
Hochschild Mining to expand in Brazil with gold project option
Precious metals producer Hochschild Mining (LSE: HOC) plans to expand its presence in Brazil through an option deal with Cerrado Gold (TSXV: CERT; US-OTC: CRDO.F) to acquire the Monte Do Carmo…
Strong metals and mining M&A activity to continue over 2024 — report
The industry saw a significant rise in M&A activity across metals and mining companies in 2023 driven by the global energy transition, a theme Fitch Solutions expects to continue in…
Horizon, Greenstone merge to create new gold miner in Western Australia
Australian miners Horizon Minerals (ASX: HRZ) and Greenstone Resources (ASX: GSR) have agreed to merge in an all-stock deal to create a new emerging gold producer in Western Australia’s goldfields….
Video: Fundraising data reveal ‘bifurcated’ junior mining market
Despite the gloomy sentiment in the junior mining sector, Kai Hoffman, CEO of Soar Financial says last year was actually pretty good in terms of total funds raised. However, Hoffman,…
Mining analyst-turned-Vital Metals CEO eyes much larger Nechalacho reboot
After spending the past 15 years as a senior mining analyst at Haywood Securities, Vital Metals’ (ASX: VML) CEO and managing director Geordie Mark is convinced that hitting a home…
Private equity firms are poised to invest billions in battery metals
Private equity firms say they will boost investments in battery metal projects this year as depressed company valuations, plunging commodity prices and slumbering stock market financing create opportunities. London-based Appian…
Ghana secures stake in Atlantic Lithium with US$5M investment
Ghana’s state-owned investment fund has secured a 3% stake in Australia’s Atlantic Lithium (ASX: A11), which is building the Ewoyaa lithium project in the West African country, set to be the…