New York-based equity fund buys Ireland-focused Dalradian for Cdn$537m
Shares in the gold miner went ballistic over the news, jumping around 52% in London and more than 59% in Toronto.
Cecilia Jamasmie , Editor-in-Chief
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Lumina Gold, First Quantum ink deal to advance exploration in Ecuador
First Quantum will invest $1.5 million to advance exploration work at the Orquideas and Cascas assets in the first year, with the option of investing an additional $37 million over the course of the subsequent four years covered by the deal.
Newmont sells stake in Yanacocha gold mine to Japan’s Sumitomo for $48 million
Sumitomo’s move comes as Japanese trading companies have been grabbing assets and increasing their stakes on a few of them thanks higher commodities prices, which have boosted their profits.
Sirius Minerals soars after securing supply deal for Nigerian market
Shares in Sirius Minerals (LON:SXX) were off to the races on Wednesday after it announced it had secured a major seven-year African supply deal.
BHP steps up efforts to sell Nickel West business in Australia — report
The world's top miner is said to have hired Goldman Sachs to assist with the sale of the Western Australia-based nickel operation.
Australia’s Mineral Resources drops out of race for Atlas Iron
The company's withdrawal means all eyes are now on Fortescue, which still has a 19.9%-stake in Atlas and has not yet disclosed whether it plans to launch a rival bid or sell its holding into Hancock’s offer.
Barrick Gold walks away from Guyana joint venture project
Alicanto Minerals will retain 100% of Arakaka gold project.
Indian regulator approves Nutrien’s sale of stake in SQM to Tianqi
The Competition Commission of India green-lighted the $4.1 billion deal reached in May between the Canadian potash giant and China’s Tianqi Lithium.
BHP to sell Chile’s Cerro Colorado copper mine to equity fund EMR
Sale is part of chief executive Andrew Mackenzie’s bid to focus on large assets in commodities such as iron ore, copper and oil.
Chile antitrust watchdog probing Tianqi buy of lithium miner stake
The country's antitrust regulator is investigating the effects on the market of Chinese miner Tianqi Lithium acquisition of a 24% stake in SQM, the world's second largest lithium producer,
Wheaton lands $4.3B BHP silver stream, enters Australia
Major deals in Peru and Australia expand production reach and secure long-term precious metals supply streams.