LEAD PARAGRAPH: Canada’s Pulsar Helium Inc (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) has acquired mineral rights to about 5,742 acres in Michigan for $80,000 in cash, marking the helium explorer’s first entry into the U.S. state as it seeks to expand its footprint in the Upper Midwest region. The company said on Tuesday it bought 100%…
LONDON: Empire Metals Limited (AIM: EEE | OTCQX: EPMLF) has entered into a conditional agreement to sell its 75% interest in the Eclipse gold mining lease in Western Australia for A$750,000 in cash, the exploration and development company said on Thursday. The proposed purchaser, an unnamed but reputable mining services company operating in the Kalgoorlie…
MONTREAL – Champion Iron Limited announced on Sunday it has entered into an agreement to acquire Norwegian iron ore producer Rana Gruber ASA in a recommended cash tender offer worth approximately $289 million, securing financial backing from Caisse de dépôt et placement du Québec and Scotiabank. The Canadian miner said it will offer 79 Norwegian crowns…
PERTH — Viking Mines Ltd. announced Tuesday it has entered a binding agreement to acquire six tungsten projects in Nevada, a move designed to capitalize on soaring prices and U.S. efforts to build domestic supply of the critical mineral. The ASX-listed company will acquire 100% of the portfolio from U.S.-based BLK Group LLC through staged…
SYDNEY – Australian mining giant Fortescue Ltd (ASX: FMG) has entered a binding agreement to acquire the remaining 64% of Canadian miner Alta Copper Corp. (TSX: ATCU) it does not already own for C$1.40 per share in cash, the companies announced on Monday. The all-cash transaction values Alta Copper’s total equity at approximately C$139 million….
SYDNEY — GreenX Metals Limited (ASX:GRX, LSE:GRX) announced Monday it has completed the acquisition of a 90% stake in Group 11 Exploration GmbH, securing full control of the expanded Tannenberg Copper Project in central Germany. The completion follows GreenX’s exercise of an option under a Joint Venture and Earn-in Agreement signed in August 2024. Since the…
PERTH – Australian miner St Barbara Limited has agreed to sell a 20% interest in its Simberi Gold Project in Papua New Guinea to state-owned Kumul Mineral Holdings Limited for A$100 million ($66 million), the companies said on Wednesday. The binding deal follows a memorandum of understanding signed a year ago and supports the PNG…
LONDON: BHP has entered into a binding agreement with Global Infrastructure Partners (GIP), a part of BlackRock, in relation to BHP’s share of Western Australia Iron Ore’s (WAIO) inland power network (the Agreement). WAIO comprises four main joint ventures in the Pilbara region of Western Australia. BHP holds an 85% interest in WAIO. Under the Agreement,…
SYDNEY – Australian explorer Summit Minerals Ltd said on Tuesday it agreed to acquire the historic Keystone polymetallic mine in Nevada, a site with documented high-grade silver and tungsten mineralization, as it seeks exposure to critical and precious metals. The ASX-listed company signed a binding heads of agreement to purchase 100% of the Keystone Project,…
OSBORNE PARK – Australian exploration firm Discovery Alaska Limited said on Monday it had signed a binding deal to acquire the Boulder Creek gold-silver project in Idaho, marking a strategic move to expand its U.S. portfolio amid record precious metal prices. The company, listed on the Australian Stock Exchange (ASX: DAF), executed a Heads of Agreement…
VANCOUVER – pH7 Technologies Inc., a pioneer in commercially scalable critical metal extraction solutions, today announced the initial closing of USD $25.6 million as part of its Series B financing round. The round was led by Fine Structure Ventures, with BHP Ventures joining as a key strategic investor. They were supported by Energy & Environment…
LONDON – British mining firm Bisichi PLC (LSE: BISI.L) said it has agreed to conditionally acquire key infrastructure and mining rights in South Africa from a subsidiary of Thungela Resources Limited and intends to cancel its listing on the London Stock Exchange. The company announced the conditional acquisition of assets from Thungela Operations Pty Ltd…