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Takeover bids

BHP kalgoorlie
BHP, Discovery, News, Nickel, Takeover bids

Mincor nickel quality issues resolved under Wyloo ownership

Wyloo Metals’ recently acquired nickel mines from Mincor Resources are now running at capacity, with BHP reporting that the previous quality issues are under control. Read More
Olivia ThomsonAugust 10, 2023, 8:27 amAugust 10, 2023
OreCorp is developing its Nyanzaga project in Tanzania, which has all the makings of a gold success story.
Critical minerals, Financial reports, Gold, News, Share price, Takeover bids

Silvercorp Metals to acquire OreCorp

Silvercorp Metals and OreCorp have signed a binding scheme implementation agreement where Silvercorp will acquire all fully paid ordinary shares of OreCorp not held by Silvercorp or its associates. Read More
Olivia ThomsonAugust 8, 2023, 8:37 amAugust 8, 2023
diane copper project
Copper, Glencore, Gold, News, Takeover bids

Glencore acquires remaining stake in MARA project

Glencore is set to acquire a 56.25 per cent stake in the MARA project from Pan American Silver. Read More
Olivia ThomsonAugust 1, 2023, 8:24 amAugust 1, 2023
mining
Iron ore, News, Takeover bids

Fenix completes $25 million iron ore acquisition

Fenix Resources has completed the acquisition of Mount Gibson Iron’s Mid-West iron ore, port and rail assets. Read More
Olivia ThomsonJuly 25, 2023, 8:32 amJuly 25, 2023
Metso Zinnwald
Contract award, News, OEMS, Recruitment, Safety, Takeover bids

Metso acquires Australian bulk material handling company

Metso will strengthen its bulk material handling service capabilities through its recent acquisition of Brouwer Engineering. Read More
Olivia ThomsonJuly 24, 2023, 4:12 pmJuly 24, 2023
copper, bhp, oz minerals, bhp, esg
Alcoa, Alumina, BHP, Coal, Copper, Financial reports, Gold, Iron ore, News, Nickel, Quarterly and half yearly results, Takeover bids, Weather event, Yancoal

BHP closes the financial year with production record

BHP hits production records, while Alcoa sees slight dip, and Yancoal makes strides in safety.
Read More
Timothy BondJuly 21, 2023, 9:04 amJuly 21, 2023
kemerton, lithium, albemarle, WA
Albemarle, Contract award, Kemerton lithium plant, Lithium, Mineral Resources, News, Takeover bids

Albemarle takes ownership of Kemerton

Albemarle has agreed to amend the terms of the MARBL lithium joint venture it shares with Mineral Resources (MinRes). Read More
Olivia ThomsonJuly 20, 2023, 9:29 amJuly 20, 2023
News, Takeover bids

Sandvik reaches key milestone in Schenck integration

On November 1 2022, the global mineral processing related business of the Schenck Process Group – SP Mining, was acquired by global, high-tech engineering group Sandvik AB. Read More
Alexandra EastwoodJuly 19, 2023, 1:45 pmJuly 20, 2023
newcrest, cadia hill, mine
Gold, Newcrest, Newmont, News, Takeover bids

Newmont’s takeover of Newcrest receives Canadian approval

The Canadian Competition Bureau has issued a “no action” letter clearing Newmont’s previously announced transaction with Newcrest under Canadian competition law. Read More
Olivia ThomsonJuly 19, 2023, 9:25 amJuly 19, 2023
lotus resources
ESG, News, Share price, Takeover bids, Technology, Uranium

Lotus Resources and A-Cap Energy to merge

Uranium developer Lotus Resources and minerals exploration company A-Cap Energy will merge as per a scheme of arrangement under which Lotus will acquire 100 per cent of the A-Cap shares on issue. Read More
Olivia ThomsonJuly 14, 2023, 9:14 amJuly 14, 2023
Takeover bids

New owner, same Altra Motion

Altra Motion may have been recently acquired by Regal Rexnord, but the key OEM and partner of the Australian mining industry hasn’t changed in identity, values, culture or commitment to customers. Read More
Alexandra EastwoodJuly 11, 2023, 9:07 amJuly 11, 2023
News, Takeover bids, Technology

GridBeyond acquires Veritone’s energy business

GridBeyond, a global smart energy company, has announced the acquisition of Veritone Energy, a leading enterprise artificial intelligence (AI) solutions company. Read More
Olivia ThomsonJuly 11, 2023, 7:50 amJuly 11, 2023
Sandvik Mining and Barrick Gold have extended their global framework agreement to enhance their long-term partnership.
Contract award, Core Lithium, News, Nickel, Recruitment, Takeover bids

Mincor board prepares for takeover

New directors for Mincor as Wyloo takes over, while Core Lithium bolsters its executive team and finds a new home. Read More
Timothy BondJuly 7, 2023, 8:52 amJuly 7, 2023
St Barbara
Financial reports, Genesis Mining, Gold, Leonora gold mine, News, St Barbara, Takeover bids

Leonora assets sale delivers millions for St Barbara

With St Barbara having completed its sale of its Leonora assets to Genesis Minerals, it has reported a closing cash balance of $294 million as of June 30 2023. Read More
Olivia ThomsonJuly 6, 2023, 3:24 pmJuly 7, 2023
Mincor
News, Takeover bids

Wyloo acquires Mincor

Wyloo Metals now owns over 90 per cent of Mincor shares and is set to proceed with a compulsory acquisition of Mincor. Read More
Alexandra EastwoodJuly 6, 2023, 8:41 amJuly 6, 2023
Ramelius Resources is in exclusive discussions with Karora Resources regarding a potential acquisition.
Gold, News, Quarterly and half yearly results, Ramelius Resources, Takeover bids

Ramelius sees golden June results

Ramelius Resources has achieved its best quarterly results for the 2023 financial year (FY23) so far with 68,752 ounces of gold produced within a guidance of 67,500–77,500 ounces. Read More
Olivia ThomsonJuly 6, 2023, 8:36 amJuly 6, 2023
westgold
Financial reports, Gold, News, Ramelius Resources, Share price, Takeover bids, Westgold Resources

Westgold bows out of Musgrave takeover battle

Westgold Resources has advised the market that it does not intend to increase its takeover offer for Musgrave Minerals, in the wake of a superior offer from Ramelius Resources. Read More
Timothy BondJuly 5, 2023, 9:27 amJuly 5, 2023
Bellevue Gold, Contract award, Financial reports, Genesis Mining, Gold, News, St Barbara, Takeover bids

Bellevue begins Vanguard mining

Bellevue Gold has signed an agreement with Genesis Minerals that involves Genesis processing material from the Bellevue Gold Project, predominantly from the Vanguard open pit. Read More
Olivia ThomsonJuly 5, 2023, 9:08 amJuly 5, 2023
St Barbara
Genesis Mining, Gold, Leonora gold mine, News, St Barbara, Takeover bids

Genesis formally acquires Leonora

St Barbara’s Leonora assets have now been acquired by Genesis, bringing to an end a months-long takeover process. Read More
Alexandra EastwoodJuly 4, 2023, 8:43 amJuly 4, 2023
exploration
Contract award, Gold, News, Ramelius Resources, Takeover bids

Ramelius to acquire Musgrave

Ramelius Resources and Musgrave Minerals have entered into a bid implementation agreement (BIA). Read More
Olivia ThomsonJuly 3, 2023, 5:01 pmJuly 4, 2023

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