Kin Mining has turned down St Barbara’s offer to acquire the company after a lack of shareholder support was anticipated for the proposal.
Evolution offloads Mt Carlton to Navarre for $90 million
Evolution Mining plans to enhance its portfolio by selling the Mt Carlton gold mine in Queensland to Navarre Minerals for $90 million in a transformational deal for the buyer.
Sayona raises $100 million for Moblan acquisition
Sayona Mining has completed $100 million placement to acquire a 60 per cent interest in the Moblan lithium project in Canada.
Core gives Finniss development green light
Core Lithium is on track to start production at the the Finniss lithium project in the Northern Territory next year after confirming a final investment decision for construction of the mine. Read more
Westgold weighs up Gascoyne takeover bid
Westgold Resources is set to make an off-market takeover bid for Gascoyne Resources which would lead to it acquiring control of the Dalgaranga gold mine in Western Australia.
Sandfire locks in funding for MATSA acquisition
Sandfire Resources has closed an institutional entitlement offer and placement to raise $926 million for its purchase of the Minas De Aguas Teñidas (MATSA) mining complex in Spain.
AVZ secures $US400 million to develop Manono
AVZ Minerals has locked in a $US400 million ($550.8 million) investment from Suzhou CATH Energy Technologies to put the Manono lithium and tin project in the Democratic Republic of Congo into production.
Sandfire secures major acquisition to become leading copper miner
Sandfire Resources is set to transform into a leading global copper producer after signing a deal to acquire the Minas De Aguas Teñidas (MATSA) mining complex in Spain from Trafigura and Mubadala Investment Company for $2.57 billion.
Finlayson to spearhead Genesis Minerals
Former Saracen and Northern Star boss Raleigh Finlayson is set to become managing director of Genesis Minerals following his contribution to a $20.8 million equity raising by the company.
Red 5 offloads Siana asset for $US19 million
Red 5 has sold the Siana gold project in the Philippines to TVI Resource Development for $US19 million ($26.2 million) due to its focus on gold developments in Australia.