New Point Exploration has agreed to purchase Goldhat Resources Inc (GRI) and its US-based subsidiary.
GRI is a Canadian company that holds leases for certain unpatented mining claims known as the Empire Lithium Property.
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New Point issued 2.1 million common shares to GRI’s shareholders as part of the acquisition.
Canada-based New Point Exploration is engaged in the acquisition and exploration of mineral assets.
Tianqi Lithium Industries has agreed to purchase a 23.77% stake in Sociedad Quimica y Minera de Chile SA (SQM) from Nutrien for a sum of $4.06bn.
Tianqi will purchase 62.5 million SQM shares priced at $65 a share as part of the arrangement.
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By GlobalDataChina-based Tianqi Lithium is engaged in the production and sale of lithium chemical products, while the SQM is a lithium miner based in Chile.
Nutrien is a Canada-based firm that is primarily engaged in the production and marketing of crop nutrients.
Afarak Group (formerly Ruukki Group) has acquired Serbia-based Magnohrom for €1m ($1.18m).
Finland-based Afarak Group is engaged in mining and the production of minerals, while Magnohrom is a producer of basic magnesia products.
Carbo Funding has agreed to purchase a 15% stake in the Silesian Coal International Group of Companies from HMS Bergbau at a rate of €10 ($11.81) a share.
Germany-based Carbo Funding is a special-purpose financing entity that primarily invests in coal development projects, while the Silesian Coal International Group is a Poland-based organisation engaged in the extraction of hard coal.
HMS Bergbau is a seller of coal products and is also based in Germany.
Tharisa has announced the acquisition of a 90% stake in Salene Chrome Zimbabwe (Salene) from Leto Settlement Trust, which is part of the Pouroulis family holdings.
Salene owns three special grants covering a total area of 9,500ha in the highly prospective Great Dyke region of Zimbabwe.
Leto is slated to retain a 10% stake in Salene following the transaction.
The company will also receive a 3% royalty on proceeds from the sale of the chrome concentrates produced at the sites.
Cyprus-based Tharisa is an investment holding company that is mainly involved in the mining, processing and marketing of platinum group metals.
The acquisition forms part of Tharisa’s wider geographical diversification strategy.
