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Northern Star to Buy De Grey Mining in $3.26 Billion Stock Deal
Northern Star Resources agreed to buy De Grey Mining in an all-stock deal valued at about $3.26 billion as gold companies race to secure new mines at a time when prices for the precious metal are near an all-time high.
Northern Star agrees to acquire De Grey Mining for $3.25bn
Australian gold miner Northern Star Resources has agreed to acquire gold mining firm De Grey Mining in an all-share deal valuing the latter at around A$5bn ($3.25bn).
Northern Star to Acquire De Grey Mining
De Grey Mining Ltd (AU:DEG) has released an update.Don't Miss our Black Friday Offers:Unlock your investing potential with TipRanks Premium -
Australia's Northern Star splashes $3.3 billion in gold buy
MELBOURNE (Reuters) -Australian gold miner Northern Star Resources said on Monday it will buy De Grey Mining in an all-share deal valuing the smaller miner at A$5 billion ($3.3 billion) as high gold prices spur consolidation in the sector.
Northern Star to buy Australian peer De Grey Mining in A$5B deal
Northern Star Resources (OTCPK:NESRF) said early Monday it agreed to acquire Australian gold mining peer De Grey Mining (OTCPK:DGMLF) in an all-stock deal valued at ~A$5B (~US$3.26B). The key asset in the deal De Grey's (OTCPK:DGMLF) Hemi gold development,
4h
on MSN
'Green' energy needs metal. Can we combat climate change while reducing mining impacts?
Changes to infrastructure, policy and cultural norms can improve mining practices, promote resource conservation and shrink ...
Opinion
11h
on MSN
Opinion
Catholic church calls on president of El Salvador not to lift ban on gold mining
The Roman Catholic Church called on the president of El Salvador Sunday not to lift the country’s ban on gold mining.
2h
on MSN
Norway suspends controversial deep-sea mining plan
Norway has paused its controversial project to open up its seabed for commercial-scale deep-sea mining. Oslo had planned to ...
17h
Norway to stop deep-sea mining, says party supporting minority government
Norway will not proceed with plans to conduct deep-sea mining, the SV party which supports the minority centre-left ...
15h
Norway Cabinet Ally Blocks Deep Sea Mining Licensing Until 2026
The Norwegian government’s plans to open up for mining on the sea floor have been shelved as part of a deal to get its budget ...
22h
on MSN
Mining must become more responsible and sustainable: Where hi-tech solutions fit in
If you visit a commercial mining operation anywhere in the world today, some sights and sounds—workers descending in ...
Mongabay
33m
Namibia legal actions seek halt to mining in rhino conservancies
When a copper mine started operating in Namibia’s //Huab Conservancy in 2021, blasting of rock and heavy machinery disturbed ...
5d
Future Of Deep-sea Mining Stands At A Crucial Juncture
Torn between the defenders of the world's seabeds and industrialists eager to exploit the vast, untapped resources of the ...
Inquirer on MSN
2h
Norway suspends deep-sea mining projects: Govt
Norway, Western Europe's biggest oil and gas producer, had planned to become one of the world's first countries to start ...
4d
on MSN
Mali arrests four senior employees of Canadian mining company as it presses firms for more taxes
Authorities in Mali have arrested four senior employees of a Canadian mining company as the military regime in the West ...
12h
Botnet Mining: What It Means, How It Works
Botnet mining is the illicit practice of using hijacked processing power from other people's internet-connected devices to ...
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