Elliott picks $1bn stake in Anglo American
Elliott Investment Management, a US-based activist investor, has acquired a $1bn (£798.32m) stake in British mining company Anglo American. In…
29 Apr 2024
Silvercorp Metals seals $146.5m Adventus buyout deal
Silvercorp Metals has signed a definitive agreement to acquire all issued and outstanding shares of Adventus Mining, a move set to bolster its asset and metal diversification. The transaction, valued…
29 Apr 2024
U.S. Silica to go private in $1.85bn acquisition by Apollo
Funds managed by affiliates of Apollo Global Management have agreed to buy industrial minerals company U.S. Silica Holdings in an all-cash deal that values the latter at around $1.85bn. The…
26 Apr 2024
Snow Lake intends to acquire Black Lake Uranium Project in Canada
Snow Lake Energy has signed a binding letter of intent (LOI) with the shareholders of Global Uranium Acquisition (Global) to fully acquire the Black Lake Uranium Project in the Athabasca…
26 Apr 2024
Anglo American turns down BHP’s $38.8bn buyout bid
British multinational mining company Anglo American’s Board has dismissed BHP Group’s $38.8bn (£31.02bn) takeover proposal, stating that it significantly undervalues the business and its future prospects. Anglo American received the…
26 Apr 2024
Victory Battery Metals divests BC property
Canada Victory Battery Metals has offloaded its Tahlo Lake property in British Columbia (BC) to Trimera Metals, a private company based in Vancouver. As per the agreement, Victory sold a…
26 Apr 2024
Nine Mile Metals exercises option to acquire three Canada projects
Canada’s Nine Mile Metals has announced the early exercise of its option to acquire full ownership of three significant mineral projects. This move grants the company complete rights, titles and…