Eurasian Resources Group and China Non-Ferrous Metals Co. expressed interest in buying Konkola Copper Mines, should the Zambian government succeed in seizing it from Vedanta Resources Ltd, people familiar with the...
Barrick Gold bids to acquire remaining Acacia shares
Canadian miner Barrick Gold Corp said on Tuesday it has proposed to acquire all of the shares it does not already own in Acacia Mining Plc through a share-for-share exchange of 0.153 Barrick shares for each ordinary...
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...
Australia’s St Barbara snaps up Canada’s Atlantic Gold for $536 mln
Australian gold miner St Barbara said on Wednesday it will buy smaller Canadian peer Atlantic Gold Corp for C$722 million ($536 million), marking a second overseas acquisition for cashed-up Australian producers. St...
Saudi TAQA drilling unit to buy Schlumberger’s Middle East rigs
Saudi Arabia’s Industrialization and Energy Services Company (TAQA) said on Sunday its drilling subsidiary, Arabian Drilling Company, has agreed to buy Schlumberger’s Middle East onshore drilling rigs business in...
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...
Vedanta Resources raises $1 billion through bond issue to repay debt
Miner Vedanta Resources said on Friday it had raised $1 billion through a bond issue and would use the proceeds to repay existing debt. The bonds, sold in two tranches, were issued through Vedanta’s...
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...
Goldcorp shareholders approve Newmont’s $10 billion takeover offer
Goldcorp shareholders approved Newmont Mining Corp’s $10 billion takeover offer on Thursday, removing one of the last remaining hurdles to create the world’s largest gold producer. While some Goldcorp shareholders had...
Australia’s Jervois Mining buys Ecobalt Solutions for U.S. cobalt mine
Australian cobalt developer Jervois Mining on Tuesday said it would buy out Canada-based Ecobalt Solutions Inc, for C$57.6 million ($43.29 million), to expand its geographical footprint into the United States. As part...
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...
Australia’s Lynas says no to Wesfarmers $1.1 billion takeover offer
Australia’s Lynas Corp Ltd on Wednesday said it would not engage with conglomerate Wesfarmers on its “highly conditional” $1.1 billion takeover approach for the only proven producer of rare earth elements outside China...
