Newcrest inks $65-million JV deal with Greatland Gold

Newcrest inks $65-million JV deal with Greatland Gold

Australia’s largest gold producer, Newcrest Mining (ASX: NCM), continued its deal-making spree Tuesday by setting a joint venture with Greatland Gold (LON:GGP), which will focus on advancing the explorer’s Havieron project in Western...

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Gold to Shine again in 2019? – Gold M & A activities heating up

Gold to Shine again in 2019? – Gold M & A activities heating up

Gold spot price has been on a quick rise since December 2018, it’s getting closer again to $1300USD/oz level in the beginning of 2019 due to continued tensions between US and China. With the uncertainties looming in 2019, let’s say US-China trade...

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Newcrest grabs majority stake in Canadian copper-gold mine

Newcrest grabs majority stake in Canadian copper-gold mine

Australia’s largest gold producer, Newcrest Mining, (ASX: NCM) is acquiring a 70% joint-venture interest in Imperial Metals’ (TSX: III) Red Chris copper and gold mine, located in British Columbia, Canada, as part of an ongoing push by the world’s...

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Barrick gives up plans to acquire Newmont, will form Nevada JV instead

Barrick gives up plans to acquire Newmont, will form Nevada JV instead

Canada’s Barrick Gold (TSX:ABX)(NYSE:GOLD) has officially dropped its hostile takeover offer for U.S. rival Newmont Mining (NYSE:NEM) in favour of a friendly deal to create a joint-venture that will combine the two companies’ assets in Nevada...

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Great Panther completes acquisition of Brazilian miner

Great Panther completes acquisition of Brazilian miner

It was a busy week for Canada’s Great Panther (TSX: GPR). The Vancouver-based miner not only completed the buyout of Beadell Resources but it also changed its name to Great Panther Mining Limited. To be able to go ahead with these...

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‘Dance partner’ hunt heats up in gold, fueled by megamerger push

‘Dance partner’ hunt heats up in gold, fueled by megamerger push

A push by the world’s biggest gold miners to get even bigger will likely have a knock-on effect among their competitors, adding new vigor to an industry that failed to inspire investor support in 2018. The megamerger mania now underway for...

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Newmont Calls Initial Nevada Joint Venture Talks With Barrick ‘Productive’

Newmont Calls Initial Nevada Joint Venture Talks With Barrick ‘Productive’

NEWMONT Mining Corp said on Wednesday that initial talks on a possible Nevada joint venture with Barrick Gold Corp were productive. Barrick Chief Executive Mark Bristow and Newmont CEO Gary Goldberg met for dinner on Tuesday night in New York...

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Barrick-Newmont merger would leave up to $7B of assets up for grabs

Barrick-Newmont merger would leave up to $7B of assets up for grabs

Canada’s Barrick Gold’s (TSX:ABX)(NYSE:GOLD) hostile $17.8 billion bid for rival Newmont Mining (NYSE:NEM) could free up a group of assets the combined company would no longer consider key, such as their Kalgoorlie super pit 50/50...

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It’s happening — Barrick makes hostile $17.8 billion bid for Newmont

It’s happening — Barrick makes hostile $17.8 billion bid for Newmont

Canada’s Barrick Gold (TSX:ABX)(NYSE:GOLD), the world’s second-largest bullion producer, is going hostile in its bid to acquire U.S. rival Newmont Mining (NYSE:NEM) and create a mega-gold corporation with a $17.8 billion all-share offer. The...

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Newcrest sells Côte d’Ivoire project to Canada’s Roxgold in $30 million-deal

Newcrest sells Côte d’Ivoire project to Canada’s Roxgold in $30 million-deal

Australia’s largest gold producer, Newcrest Mining, (ASX: NCM) is selling its Séguéla gold project and its portfolio of 11 exploration tenements in Côte d’Ivoire to Canada’s Roxgold (TSX: ROXG) in a deal valued at $30 million. The Toronto-based...

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Canadian opposition leader promises to cut regulatory red tape

Canadian opposition leader promises to cut regulatory red tape

A Canadian government led by Andrew Scheer, the current leader of the Conservative Party of Canada (CPC), would repeal legislation currently before the Senate that hobbles resource development. Speaking at Roundup 2019, Scheer said if a...

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