PERTH: Predictive Discovery Ltd. and Robex Resources Inc. announced Monday a definitive agreement to merge in an all-share transaction valued at approximately A$2.35 billion (C$2.17 billion), forming one of West Africa’s leading mid-tier gold producers. Under the terms of the deal, Predictive Discovery (ASX: PDI) will acquire all outstanding shares of Robex (TSX-V: RBX, ASX:…
TORONTO: Wheaton Precious Metals™ Corp. said Thursday it will provide up to $400 million in gold stream financing to Carcetti Capital Corporation to support its proposed acquisition of the Hemlo Mine from Barrick Mining Corporation. The financing package includes Wheaton’s gold stream commitment, an estimated $415 million in equity financing, and $200 million in bank…
Basic earnings per share climbed to $0.18, up from $0.08 a year earlier LONDON: Hochschild Mining PLC (LSE: HOC, OTCQX: HCHDF) reported a 33% surge in revenue to $520 million for the first half of 2025, driven by higher production and improved pricing. Adjusted EBITDA rose 27% to $224.5 million, while profit before income tax…
SYDNEY: Northern Star Resources Ltd and De Grey Mining Ltd have agreed to merge in a deal valued at approximately $5 billion. Under this arrangement, Northern Star will acquire all shares of De Grey, including its flagship Hemi gold project in Western Australia. Hemi is one of the largest undeveloped gold projects globally, with significant…