Triple Flag Precious Metals Corp on Wednesday became the latest private equity-backed venture to scrap a planned stock market launch, citing lackluster demand from investors in a year already dominated by several high-profile failures.
Canadian gold miner Barrick Gold Corp moved closer to its asset sales target on Tuesday by agreeing to sell its entire 90% stake in its Massawa project in Senegal to Teranga Gold Corporation for up to $430 million.
TORONTO/LONDON Gold miners look set to extend a deal spree after notching transactions worth a record $30.5 billion this year, according to data, the biggest M&A binge since bullion prices peaked nearly a decade ago.
TORONTO/LONDON, Dec 4 Gold miners look set to extend a deal spree after notching transactions worth a record $30.5 billion this year, according to data, the biggest M&A binge since bullion prices peaked nearly a decade ago.
BEIJING/TORONTO China's Zijin Mining Group Co Ltd has agreed to buy Canadian miner Continental Gold Inc for C$1.3 billion (£779.42 million), but a top executive with the target company said elevated security concerns in Colombia pose a risk to the deal.
Canadian miner Kirkland Lake Gold Ltd's shares fell as much as 16% in Toronto on Monday after investors reacted negatively to the hefty premium it agreed to pay to buy smaller rival Detour Gold Corp in an all-stock deal.
OTTAWA The government agency set up to investigate claims of human rights abuses by Canadian companies abroad wants expanded powers, the head of the watchdog said, setting up a clash with the mining industry which has fought to limit its reach.
CALGARY/MOSCOW, Sept 30 Canada's Kinross Gold Corp is putting future deals in Russia on hold after snapping up a development project in a country hit by Western sanctions.
DENVER, Sept 18 Canadian miner Iamgold Corp would fit well with China Gold International Resource Corp Ltd's acquisition strategy as the Chinese state-run company seeks to buy producing gold mines, an executive with the overseas arm of China National Gold Group said on Wednesday.
DENVER, Sept 18 Canadian miner Iamgold Corp would fit well with China Gold International Resource Corp Ltd's oversees acquisition strategy as the Chinese state-run company seeks to buy producing gold mines, an executive with the overseas arm of China National Gold Group said on Wednesday.
Chinese President Xi Jinping met Hong Kong leader Carrie Lam in Beijing on Monday, saying he recognised her courage to govern the Asian financial hub in these "most difficult" times.