Hastings to acquire Cadence’s 30% stake in Yangibana rare earth project
Hastings will have a 100% stake across the Yangibana rare earth tenement package after the acquisition.
Deals
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Deals
QNB Metals to pick 100% stake in Mexico’s Minagoldchoix
The LOI enables a business combination of QNB Metals and Analog.
Lithium Power to assume sole control of Maricunga project in Chile
At present, LPI has a 51.55% stake in the project while MSB and Bearing have holdings of 31.31% and 17.14%,…
Horizon to sell Australian gold project to FMR Investments
The sale includes one prospecting licence, seven mining leases and one miscellaneous licence that make up the Gunga West project.
Russia’s Polyus to acquire Chulbatkan gold deposit from Highland Gold
The Chulbatkan project has potential to produce around 2Moz of gold during its mine life of seven years.
China’s Tianqi secures approval for $1bn IPO in Hong Kong
The deal’s joint sponsors include China International Capital, Morgan Stanley, and CMB International Capital.
Metals Australia to pick majority stake in Payne Gully Gold
Payne Gully’s assets include the Warrambie and Murchison Domain projects in WA, as well as the Tennant Creek project in…
Kinross divests Russian assets to Highland Gold at half the set amount
The Canadian firm has received $300m in cash and is due to receive a $40m deferred payment.