West Africa-focused junior gold miner Toro Gold has hired boutique investment bank Raymond James to explore putting itself up for sale after shelving plans to list its shares in London, two sources with knowledge of the matter said. But...
Read moreMomentum is building for M&A across the gold industry driven by the market, balance sheets and shareholders, a report titled An Activist Gold Rush? by Kingsdale Advisors released Thursday finds. Mining behemoths Barrick (NYSE: GOLD, TSX: ABX)...
Read moreA new report by GlobalData shows the value of capital raising deals in the metals and mining sector increased from the final quarter last year to over $11 billion in Q1 2019, despite the number of agreements inked falling sharply. GlobalData said...
Read moreShareholders of both precious metals miner Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) and struggling rival Lonmin (LON:LMI) approved on Tuesday the planned merger of the companies, effectively creating the world’s largest platinum producer and the...
Read moreAustralian lithium miner Wesfarmers (ASX:WES) announced on Thursday that it has entered into a Scheme Implementation Deed (SID) with Kidman Resources Limited (ASX:KDR), confirming the terms to acquire 100% of Kidman’s outstanding shares. ...
Read moreCanadian bullion producer IAMGOLD Corp. (TSX IMG), (NYSE: IAG) said it wasn’t aware of any material change that would account for a sharp price rise in its stock on Thursday and into early trading on Friday, following reports that the miner was...
Read moreTransition Metals (TSXV: XTM) announced this week that it has entered into an option agreement to acquire a 100% interest in the Cryderman gold property located near Shining Tree, Ontario. In order to move forward with the deal, the Sudbury-based...
Read moreAustralian gold producer St. Barbara (ASX: SBM) is buying smaller Canadian rival Atlantic Gold Corp (TSX-V: AGB) for C$722 million ($536 million), in the last of several mergers and acquisitions targeting mostly the gold sector taking place this...
Read moreBarrick Gold Corp , the world’s second largest bullion miner, is preparing its Zambian copper mine Lumwana for sale in the second half of 2019, looking to target Chinese buyers, three sources with knowledge of the matter said. Fresh from...
Read moreA wave of consolidation is coming in the gold mining industry, but don’t count on buyers overspending on assets, B2Gold Corp. chief executive officer Clive Johnson said. “You have an environment now where people are learning their lesson, which...
Read moreCanada’s Barrick Gold (TSX:ABX)(NYSE:GOLD), the world’s second-largest producer of the precious metal, said Wednesday it had pinned down assets worth about $1.5 billion that it intends to sell through next year, adding it also remains open...
Read moreAnadarko Petroleum’s board of directors said on Monday that Occidental Petroleum’s buyout offer is superior to its agreement to sell its business to Chevron, putting the deal with the oil giant in jeopardy. The reversal marks the latest twist in...
Read more
