Montreal-based Osisko Gold Royalties Ltd. said it is more than doubling its precious metals portfolio with the $1.13 billion acquisition of diamond, gold and silver assets from… Read more “Osisko Gold Royalty stock soars as company signs ‘transformational’ $1.13B deal to buy U.S. assets”
Can Yancoal raise finances outside China?
Yancoal continues to be dogged by questions about its ability to fund the acquisition of Rio Tinto’s Hunter Coal & Allied assets, despite being confirmed as Rio’s… Read more “Can Yancoal raise finances outside China?”
Troubled Noble Group struggling to repair once-lauded reputation
Singapore-listed commodities giant Noble Group is still yet to recover from their share price plummeting by 70% this year following a series of damaging incidents for the… Read more “Troubled Noble Group struggling to repair once-lauded reputation”
New rescue merger on the cards for Vantage Goldfields
Canada’s Galane Gold has proposed a rescue merger with embattled South African gold miner Vantage Goldfields, owner of the Lily Mine and Barbrook Mine. The Barbrook and… Read more “New rescue merger on the cards for Vantage Goldfields”
Rio Tinto board gathers to weigh up Glencore’s $US2.3b coal deal disruption
The Australian Financial Review has reported that “Rio Tinto’s board will meet on Tuesday morning to consider Ivan Glasenberg’s $US3.47 billion ($4.56 billion) attempt to disrupt Yancoal… Read more “Rio Tinto board gathers to weigh up Glencore’s $US2.3b coal deal disruption”
Glencore chief lobbies Rio to back its rival bid for coal assets
Original published by Scott Murdoch in The Australian Glencore executives have made a direct pitch to Rio Tinto bosses in London to convince the board to back… Read more “Glencore chief lobbies Rio to back its rival bid for coal assets”
Orion Mine Finance Group sells off precious metals portfolio to Osisko Gold
A cash-cum-stock deal worth USD $840m has been struck between Orion Mine Finance Group and Osisko Gold, in which Canada-based Osisko will acquire Orion’s precious metals portfolio.… Read more “Orion Mine Finance Group sells off precious metals portfolio to Osisko Gold”
Yancoal mega-deal under threat as Rio Tinto weighs up ‘superior bid’ from Glencore
Chinese miner Yancoal’s ambitious bid for Rio Tinto coal assets in the Hunter Valley has suffered a major setback, following the surprise announcement of a rival offer… Read more “Yancoal mega-deal under threat as Rio Tinto weighs up ‘superior bid’ from Glencore “
Pacton Gold signs option agreement for mineral assets in Red Lake, Canada
Pacton Gold has signed an option agreement with Frontline Gold to acquire a 100% interest in three minteral assets in the Red Lake mining district of north-western… Read more “Pacton Gold signs option agreement for mineral assets in Red Lake, Canada”
Mitsubishi stake in Rio Tinto Hunter Valley coal assets to be sold to ‘superior bidder’ in deal
Mitsubishi stake in Rio Tinto Hunter Valley coal assets to be sold to ‘superior bidder’ in deal Rio Tinto’s sale of its Hunter Valley coal assets now… Read more “Mitsubishi stake in Rio Tinto Hunter Valley coal assets to be sold to ‘superior bidder’ in deal”
