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…
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…
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…
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…
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…
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…
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 &…
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…