Australian mining software firm RPMGlobal said on Monday that it has struck a deal to be acquired by heavy machinery giant Caterpillar for a total equity value of A$1.12 billion ($728.22 million). The news comes after...
CCI clears Lloyds Metals’ proposal to acquire 49.99% stake in Thriveni Pellets
Fair trade regulator CCI on Tuesday cleared Lloyds Metals and Energy’s proposal to acquire a 49.99% equity stake in Thriveni Pellets Pvt Ltd. “The proposed combination involves the acquisition of 49.99% of...
US to Take 10% Stake in Trilogy Metals to Unlock Alaska Mining
The US said it will take a 10% stake in Canadian minerals explorer Trilogy Metals Inc. as part of a $35.6 million investment to secure critical energy and mining projects in Alaska. In an announcement Monday, President...
Gold miners Predictive Discovery, Robex to merge in $1.5 billion deal
Australian miner Predictive Discovery and Canada’s Robex Resources said they will merge in a A$2.35 billion ($1.55 billion) all-share deal, creating a mid-tier gold producer in West Africa. Under the deal, Robex...
Barrick to sell Tongon mine in up to $305 million deal
Barrick Mining said on Monday it will sell its interests in the Tongon gold mine and certain assets in Ivory Coast to Atlantic Group for up to $305 million as the Candian miner looks to strengthen its balance sheet...
Mining giant Grupo Mexico returns with new offer for Citi’s Banamex
Mexican mining and transportation giant Grupo Mexico on Friday submitted an offer to purchase Citi’s retail unit in the country, known as Banamex, more than two years after it had scrapped previous plans to do so...
Vedanta demerger date moved to March 2026 pending government approval
Anil Agarwal-led Vedanta Ltd on Tuesday said it has extended the deadline for its demerger to March 2026, from the earlier deadline of September 30, 2025, citing pending approvals from the NCLT and other government...
Angola’s diamond miner Endiama seeks minority stake in De Beers
Angola’s state diamond company Endiama has bid for a minority stake in Anglo American’s diamond unit De Beers, the African country’s Ministry of Mineral Resources, Petroleum and Gas said on Wednesday...
Newmont sells entire Orla stake for about $439 million in divestiture push
Gold miner Newmont said on Friday it sold its stake in Orla Mining for $439 million through the Toronto Stock Exchange as part of its divestiture program. The company disposed of the entire 43 million shares it held in...
NCLT defers final hearing on Vedanta demerger to Oct 8
The National Company Law Tribunal (NCLT) on Wednesday deferred the hearing on Vedanta’s ambitious demerger proposal to October 8, as the Ministry of Petroleum and Natural Gas objected to the scheme, citing a lack...
Barrick exits Canadian gold mining with over $1 bln Hemlo sale
Barrick Mining said on Wednesday it will sell its last producing Canadian gold mine, Hemlo, to Carcetti Capital for up to $1.09 billion. Hemlo has produced more than 21 million ounces of gold and was once one of...
Barrick to sell its Canada’s Hemlo mine for up to $1.1 billion
Barrick Mining has agreed to sell its Hemlo gold mine in Canada to Carcetti Capital for up to $1.09 billion, the companies said on Wednesday. The deal includes $875 million in cash at closing, $50 million in shares of...
