Hurdles loom for Newmont’s $19.6 billion bid for Newcrest Macquarie analysts upgraded their Newcrest share price target by 18% on the back of the sweetened Newmont offer. Reuters | April 12, 2023 | 7:45 am
Americas Gold and Silver reports fatality at Idaho mining complex Operations have been suspended and an investigation is underway. Reuters | April 12, 2023 | 7:41 am
First Mining finds growth potential at Springpole gold project The Springpole gold project in Ontario is one of Canada’s largest open-pit deposits, set to produce more than 300,000 ounces a year. Staff Writer | April 12, 2023 | 5:53 am
Ecuador mining opposition holding up $1 billion of investments Ecuador has abundant mineral reserves but has lagged behind regional neighbors such as Peru and Chile in large-scale mining development. Reuters | April 11, 2023 | 3:24 pm
Newmont, Glencore bids crack into metal industry’s top takeovers Both deals — if completed — would rank among the top 10 biggest takeovers of metals producers. Bloomberg News | April 11, 2023 | 1:19 pm
CHARTS: Mining’s top 50 companies top $1.4 trillion value amid M&A fever World’s top 50 mining companies build on gains in the first quarter of 2023, but remain well below valuations this time last year as M&A fever grips the sector. Frik Els | April 11, 2023 | 11:28 am
Western Copper confirms $1.7 million investment by Rio Tinto to maintain stake The investment allows Rio to maintain its approximate 7.84% interest. Staff Writer | April 11, 2023 | 9:05 am
OZ Minerals gets Vietnam’s nod for its $6.4bn buyout by BHP The deal still remains subject to other conditions, including approval by OZ Minerals' shareholders, and by an Australian court. Reuters | April 10, 2023 | 4:53 pm
Newmont plumps final bid for Newcrest to $19.5bn Newmont has raised its buyout offer by 16% to A$32 billion. Reuters | April 10, 2023 | 4:02 pm