BHP and Kingsrose Mining have struck an exploration alliance that will see the Big Australian fund the junior’s nickel-copper exploration in Norway and Finland. BHP will fund up to $87 million across the project generation and earn-in phases, leaving the major with...
Anglo American has rejected another takeover offer from BHP, marking the Big Australian’s third attempt at acquiring the company. The latest offer, put forward on May 20, valued each Anglo share at 0.8860 BHP shares, up from the 0.8132 BHP shares proposed on May...
Japan’s Mizuho Financial Group will provide financing to help close coal power plants ahead of schedule in Southeast Asia. Mizuho now has tight restrictions on new financing for coal power facilities that prevent it from funding early shutdowns. The company...
Copper and gold company Solaris has decided against selling a minority stake to China’s Zijin Group, owing to concerns that the transaction – announced in January – would not meet Canada’s foreign investment standards within a reasonable timeframe. The transaction...
Canadian copper miner Hudbay Minerals plans to raise $300.2-million in an equity offering to help fund near-term growth initiatives at its Copper Mountain unit among other purposes, the company said on Tuesday. Underwriters led by RBC Capital Markets and BMO Capital...
