by Gordon Barratt | Jan 10, 2023 | News
Takeover target Norwest Energy on Tuesday urged shareholders to reject a takeover offer from fellow listed Mineral Resources (MinRes). MinRes last week opened its off-market takeover offer for Norwest Energy, offering one fully paid MinRes share for every 1 367...
by Gordon Barratt | Jan 10, 2023 | News
Commodity trader and miner Glencore Canada has agreed to buy Noranda Income Fund for C$53.2-million in an all-stock transaction. Noranda Income Fund was established in 2002 as an income trust to distribute cash flow from the zinc processing facility in...
by Gordon Barratt | Jan 10, 2023 | News
Greenbushes Lithium Mine. IGO Group and Tianqi have paid $136 million to acquire lithium explorer Essential Metals. The two companies have acted in partnership on lithium matters since late 2020, with the latest acquisition allowing a foothold in the WA...
by Gordon Barratt | Jan 10, 2023 | News
The partial lifting of China’s coal ban has been met with cautious optimism, but questions remain. When China made the decision to ban imports of Australian coal (among other items) at the end of 2020, the country said it was acting in line with Chinese laws...
by Gordon Barratt | Jan 9, 2023 | News
Anglo Asian is focused on Azerbaijan, but Libero offers it exposure to copper resources in the Americas. Azerbaijan-focused Anglo Asian Mining has made its third investment in TSX-V-listed Libero Copper and Gold, which has a range of copper assets across the Americas....
by Gordon Barratt | Jan 9, 2023 | News
OTTAWA – Canadian Prime Minister Justin Trudeau on Friday urged the government of the main oil-producing province of Alberta to use its budget surplus to help bolster tax credits meant to help scale up carbon capture and storage and...