NRW acquires BGC Contracting
MINING services company NRW has acquired 100pc of BGC Contracting for an equity value of $116.4m and implied enterprise value (EV) of $310m.
Essentially, the...
Red Lake sells for $375m
NEWMONT Goldcorp has continued to streamline its asset base, selling its Red Lake complex in Ontario, Canada, to Evolution Mining.
As part of the binding...
Clive Palmer expands WA operations
CLIVE Palmer’s company Mineralogy has announced the expansion of operations in Western Australia – entering into a long-term lease of a 1100sqm commercial property...
IGO squeezes Panoramic
INDEPENDENCE Group (ASX: IGO) has increased the pressure in its takeover bid for Panoramic Resources (ASX: PAN), after Savanah downgraded its FY20 guidance at the...
IGO launches Panoramic takeover
INDEPENDENCE Group (ASX: IGO) has launched a $312m takeover bid for Panoramic Resources (ASX: PAN).
IGO said the hostile all-scrip bid was taken to shareholders...
Wodgina in care and maintenance
MINERAL Resources (ASX: MIN) and Albermarle have mothballed the Wodgina lithium project in the Pilbara to wait out the lithium price slump after finalising...
Rio looks to a ‘deeper world’
RIO Tinto (ASX: RIO) chief executive J-S Jacques waxed philosophical to investors in London on Monday speaking of his vision of the company’s future.
He...
Northern Star closes Echo takeover
AFTER launching a $193m takeover bid late in August, Northern Star Resources (ASX: NST) has closed the deal to acquire the controlling interest of...
Hancock Makes Bid for Riversdale
Hancock Prospecting chairman Gina Rinehart has her sights set on Riversdale’s Canadian assets. Image: Hancock Prospecting.
BY EMMA DAVIES
GINA Rinehart’s Hancock Corporation has announced an...
Barrick Proposes Newmont Merger
Barrick and Newmont jointly owned the Kalgoorlie Super Pit.
BY ELIZABETH FABRI
BARRICK Gold has confirmed it is reviewing an opportunity to merge with global rival...