LONDON: Mining giants Rio Tinto and Glencore confirmed they are in preliminary discussions about a deal that could see Rio Tinto acquire “some or all” of Glencore, a merger that would create the world’s largest mining company with a combined market value of nearly $207 billion. The companies said late Thursday that the talks, first…
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:…
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…