The fight for Cardinal Resources ownership is nearing a conclusion after all of the company’s directors accepted Shandong Gold Mining’s takeover bid.
Sandvik is set to acquire global mining solutions provider DSI Underground for €943 million ($1.5 billion).
NRW Holdings has offered to takeover engineering group Primero Group for $100 million, an offer that the boards from both companies have unanimously agreed to.
St Barbara is set to acquire Moose River Resources to take ownership of the Touquoy gold mine in Nova Scotia, Canada.
Shandong Gold Mining has raised its takeover offer for Cardinal Resources following a competing proposal from the target’s largest shareholder, Nordgold.
Cardinal Resources has become the focus of a takeover battle between United Kingdom-based Nordgold and China’s Shandong Gold Mining.
Aeris Resources has committed $13 million for exploration at the Cracow gold mine in Queensland over the next two years after completing a takeover of the mine.
Downer EDI has folded the sale process of its mining business due to the “extraordinary market volatility” caused by the coronavirus pandemic.
Universal Coal has commenced legal proceedings in the High Court of Justice of England and Wales over TerraCom’s unsolicited offer for a takeover.
GR Engineering is set to expand its foothold in the United states through a planned acquisition of Arizona-based Hanlon Engineering & Associates.
AuStar Gold is set to acquire all of the debt owed by Centennial Mining and Maldon Resources from Mining Lending.
Independence Group (IGO) has extended its takeover offer for Panoramic Resources to January 17 2020 in light of contract breaches related to the bid.
The Takeovers Panel has ruled that Rio Tinto’s move to back Energy Resources of Australia (ERA)’s proposed entitlement offer to fund rehabilitation of the Ranger uranium mine in the Northern Territory is unacceptable.
NRW Holdings has marked the completion of its acquisition of BGC Contracting with a name change.
Panoramic Resources plans to transition to a predominant contract mining model at its Savannah project in Western Australia.
NRW Holdings has confirmed it will buy BGC Contracting in a transformational deal that gives the target an enterprise value of $310 million.
Panoramic Resources has reduced its 2020 production guidance at the Savannah nickel project in Western Australia amid the takeover tussle with Independence Group (IGO).
Kirkland Lake Gold is set to acquire Canada’s Detour Gold in a deal worth around $C4.9 billion ($5.4 billion).
Panoramic Resources has opened its doors to Independence Group (IGO) and other parties that might be interested in making offers to acquire the company.
Panoramic Resources has conceded that its production guidance at the Savannah project in Western Australia will not be met in the 2020 financial year.