mining acquisition

Westgold sold its Chalice project to Corazon for $18 million, with Westgold retaining a 19.9% shareholding in Corazon. This mining asset transaction demonstrates ongoing consolidation in the precious metals sector.

Denarius has increased its bid for Emerita to C$133.5 million ($97 million) following the departure of the target company's CEO and chairman. This corporate restructuring creates potential consolidation opportunities in the mining sector for acquirers seeking distressed assets.