Fieldex Exploration Inc said on Monday it will acquire Copeland Biosciences through a reverse takeover of the Canadian mineral exploration firm by Copeland and its shareholders, which will involve a three-cornered...
Aurubis buys recycler Metallo in move beyond copper
Aurubis, Europe’s biggest copper smelter, said on Wednesday it had agreed to buy Belgian-Spanish recycling company Metallo Group for 380 million euros ($424 million) as part of an acquisition-led shift into other metals...
NMDC mulls acquiring 100 percent stake in its Aussie arm-Legacy Iron
State-owned NMDC Limited is mulling owning 100 per cent stake in Australian arm Legacy iron by acquiring the remaining 24 per cent shares and delisting it from the Australian Stock Exchange (ASX), a senior official of...
Aleris deal on course despite EU roadblock, says Hindalco’s Pai
Despite the European Commission suspending the deadline to clear Novelis’ takeover of Aleris, Hindalco Industries, the Indian parent of Novelis, is confident that the acquisition will be completed on schedule. In an...
Aurelia Metals in talks to buy Glencore copper mine in Australia
Australian miner Aurelia Metals Ltd on Friday said it was in talks about a possible acquisition of Glencore’s CSA copper mine in the state of New South Wales. That comes after copper producer Aeris Resources Ltd earlier...
Newmont shareholders OK $10 billion Goldcorp takeover, creating biggest gold producer
Newmont Mining shareholders on Thursday approved the company’s $10 billion takeover of Goldcorp Inc which is set to create the world’s biggest gold producer with assets across the Americas, Africa and Australia. About...
Odisha HC directs Nalco to allow Vedanta’s bid on surplus alumina
The Odisha High Court on Tuesday directed National Aluminium Company NSE 0.19 % (Nalco) to allow resources conglomerate VedantaNSE 0.94 % to bid in the former’s tender for the sale of surplus alumina, an issue that has...
BofA is said to purchase Jayaswal Neco, its biggest distressed asset buy in India
Bank of America Corp. has bought its biggest distressed asset in India, adding to a growing trend of foreign investors diving deeper into the country’s massive pile of bad debt. A group of investors led by the U.S. bank...
National Mineral Policy to ease merger and acquisition of mining entities
The union cabinet has approved the National Mineral Policy (NMP) 2019 that aims to ease merger and acquisition of mining entities, attract private sector participation in exploration, allow transfer of mining leases and...
Vedanta says Anglo American stake buy meets governance requirements
Indian miner Vedanta Ltd said here on Monday that its foreign unit Cairn India Holdings Limited’s investment in Anglo American Plc met all governance requirements. Vedanta’s statement comes days after its shares...
Vedanta pumps Rs 1,431 cr in Anglo American, buys Volcan’s stake
Cairn India Holdings, a subsidiary of Vedanta, bought a stake in Anglo American from Volcan Investments, a family trust of promoter Anil Agarwal. The investment was made in the December quarter, according to Vedanta’s...
Arconic shares jump after report of buyout by Apollo Global
Shares of Arconic Inc (ARNC.N) closed up 9.7 percent after Bloomberg reported here that Apollo Global Management LLC (APO.N) is in talks to buy the U.S. aluminium products maker for about $22 a share, citing people...
