Investment

Lundin Mining to acquire Brazilian copper-gold mine for $1bn

Canadian base metals mining company Lundin Mining has signed an agreement to acquire Chapada copper-gold mine in Brazil from Yamana Gold for over $1bn.

Sasol opens new coal mine in Mpumalanga province in South Africa

South African chemicals and energy company Sasol has announced the opening of a new colliery Impumelelo in the province of Mpumalanga, with an investment of $400m.

Sun Metals completes acquisition of Lorraine

Sun Metals Corp. ("Sun Metals") (TSXV: SUNM) and Lorraine Copper Corp. ("Lorraine") (TSXV: LLC; OTCQB: LRCPF) announce the successful completion of Sun Metals' previously announced acquisition of Lorraine pursuant to which Sun Metals has indirectly acquired all the issued and outstanding common shares of Lorraine (each, a "Lorraine Share").

Equinox Gold closes $130m investment by Mubadala Investment

Equinox Gold Corp. (TSX-V: EQX, OTC: EQXFF) ("Equinox Gold" or the "Company") is pleased to announce it has closed the strategic investment by Mubadala Investment Company ("Mubadala") whereby Mubadala has purchased $130 million in convertible notes from Equinox Gold.

Goldcorp secures final order for plan of arrangement

Goldcorp has obtained a final order from the Ontario Superior Court of Justice (Commercial List) approving the previously announced plan of arrangement, whereby Newmont will acquire all outstanding common shares of Goldcorp.

China, cobalt and the Congo: Why Xi Jinping is winning the ‘batteries arms race’

Over the past decade, China has established a monopoly over cobalt in the Democratic Republic of Congo where the vast majority of the metal resides

Greenstone Resources makes equity investment in Kalium Lakes

Kalium Lakes announced that it has secured a conditional cornerstone equity investment of $A20.8m from Greenstone for Beyondie Sulphate of Potash Project, in the East Pilbara region of Western Australia.

Maverix Metals buys silver stream from Ascendant Resources’ El Mochito Mine

Maverix Metals announced that it has signed a life of mine purchase and sale agreement for silver produced from the El Mochito Mine, owned and operated by Ascendant Resources.

Wolfden completes $2.5m financing with Kinross Gold

Wolfden Resources announced that it has completed a non-brokered private placement of 12,500,000 common shares of the Company at a price of C$0.20 per Common Share with Kinross Gold Corporation for gross proceeds of C$2,500,000.