PERTH: Tusker Minerals Ltd (ASX: TSK) announced Tuesday it has entered into a binding agreement to sell its wholly owned Malawian subsidiary, Green Exploration Limited (GEL), to AuKing Mining Ltd (ASX: AKN) in a transaction valued at up to approximately $4.85 million. The deal transfers ownership of GEL, which holds a portfolio of exclusive prospecting…
LONDON: Gunsynd PLC (AIM: GUN) said Monday it has entered into a binding property purchase agreement to acquire historic mining licences in Manitoba, Canada, expanding its Barb Project with high-grade gold prospects. The agreement with vendor Peter Dunlop covers licences known as Lotus 1 and 2, Denver and Brook. The deal includes a CAD$250,000 cash…
LONDON – Ajax (AQSE: AJAX), a UK-listed natural resources investment company, said on Thursday it has signed heads of terms to acquire Brazil’s Pereira Velho gold project from Appian Capital Advisory, one of the world’s largest mining-focused private equity groups. The deal will see Ajax acquire 100% of Pereira Velho Exploração S.A. (PVESA), which owns…
TORONTO: Galantas Gold Corporation has entered into a share purchase agreement to acquire all of the issued and outstanding common shares of RDL Mining Corp. in exchange for common shares of Galantas. The transaction will create a combined company that intends to lead the advancement of the Indiana gold-copper project located in Chile (the “Indiana…
TORONTO – Almonty Industries Inc. (NASDAQ: ALM), a leading global producer of tungsten concentrate, said on Tuesday it will acquire the Gentung Browns Lake Tungsten Project in Beaverhead County, Montana, marking a strategic expansion into the U.S. market amid rising defense and manufacturing demand. The deal, valued at US$9.75 million, includes US$750,000 in cash and…
MEDELLIN: Mineros S.A. (TSX:MSA, MINEROS:CB), a leading Latin American gold producer, has announced the successful acquisition of the remaining 80% interest in the La Pepa Project from Pan American Silver Corp. for approximately US$40 million. With this transaction, Mineros now holds 100% ownership of the advanced-stage gold exploration asset located in Chile’s prolific Maricunga Gold…
PERTH: Gateway Mining Ltd. (ASX: GML) has acquired an 80% stake in the Glenburgh South Gold Project, a 620-square-kilometer tenement in Western Australia’s Gascoyne region, adjacent to Benz Mining Corp’s high-grade Glenburgh Project. The acquisition positions Gateway alongside one of the most active gold exploration corridors in the state, with early signs of mineralisation mirroring…
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…
LONDON: Marula Mining PLC (AQSE: MARU, A2X: MAR), an African-focused mining and development company, has signed an amendment agreement to acquire 100% of Takela Mining Tanzania Limited, the owner and operator of the Kinusi Copper Mine in Tanzania’s Dodoma Region. The acquisition, made through Marula’s wholly owned subsidiary, Marula Mining Tanzania Limited (MMTL), will give…
SYDNEY: New World Resources Limited (ASX: NWC) has entered into a revised off-market takeover agreement with Central Asia Metals Plc (LON: CAML), offering shareholders A$0.062 per share in cash. The deal, announced Monday, replaces a previously proposed scheme of arrangement and provides a straightforward exit for shareholders. Key Highlights of the Deal The CAML offer…
MELBOURNE: Terra Uranium Limited (ASX: T92) announced today it has entered a binding agreement to acquire Dundee Resources Pty Ltd, securing 100% ownership of the Glen Eden Tungsten-Molybdenum Project in New South Wales, the largest undeveloped tungsten project in the region. The acquisition includes tenements hosting the Glen Eden, Bald Nob, and Deepwater projects, which…