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Maverix Metals Inc. (the "Company" or "Maverix") (TSX-V: MMX) is pleased to announce that it has entered into a life of mine purchase and sale agreement for silver produced from the El Mochito Mine ("El Mochito"), owned and operated by Ascendant Resources Inc. ("Ascendant").
Taku Gold Corp. (CSE: TAK; OTCQB: TAKUF) (the “Company” or “Taku”) is pleased to announce that it amended its previously announced property option agreement (the “Agreement”) with Golden Predator Mining Corp. (TSXV:GPY) (“Golden Predator”) and has now acquired Golden Predator’s 100% interest in the Sonora Gulch Property in Yukon’s White Gold District, in exchange for a final payment of 4,750,000 shares of Taku under the option and a 1% net smelter return royalty.
Golden Predator Mining has agreed to an amendment accelerating its option to purchase 100% of the Reef Project from Precipitate Gold consolidating 100% ownership of the 3 Aces District.
BHP Mitsubishi Alliance (BMA), a joint venture between BHP and Mitsubishi Development, has completed the sale of the Gregory Crinum Mine in central Queensland, to Sojitz for $71m.
Lynas, an ASX-listed rare earths mining company, has turned down the A$1.5bn ($1.07bn) indicative offer from Australian conglomerate Wesfarmers.
Goldcorp announced that Newmont Mining has been granted clearance by the Comisión Federal de Competencia Económica (COFECE) with respect to its pending acquisition of Goldcorp.
Australian conglomerate Wesfarmers has proposed to acquire rare earths mining company Lynas for A$1.5bn ($1.07bn).
On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced A$490,000 ($349,401) in funding to mining and metals company Element 25 (E25) to examine the viability of using renewable energy in their metal production process.
US-based gold and copper producer Newmont Mining has announced that its $10bn acquisition of Canadian gold miner Goldcorp is being opposed by Paulson & Co., a holder of 14.2 million shares of the US-based firm.
Aeris Resources has confirmed a media report that it is looking to acquire the CSA Mine - an underground copper mine in New South Wales, from mining giant Glencore for $575m.
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