Mining and Natural Resources Mining and Natural Resources

Volkswagen in its $69-million investment in Patriot Battery Metals

On January 7, 2025, Volkswagen completed its approximately $69-million investment in Patriot Battery Metals to acquire a 9.9% equity stake in Patriot.      The Volkswagen Group, is one of the world's leading manufacturers of automobiles and commercial vehicles. Osler, Hoskin &...

Lead Office: Vancouver Date Closed: January 7, 2025 Value: $69 million

Boliden in its acquisition of the Neves-Corvo and Zinkgruvan mines for US$1.3 billion plus contingent payments

On December 9, 2024, Boliden announced that it had entered a definitive agreement with Lundin Mining to acquire the Neves-Corvo mine in Portugal and the Zinkgruvan mine in Sweden. The upfront cash consideration for the entities is US$1.3 billion plus contingent payments that can reach up to US$150...

Lead Office: Toronto Date Announced: December 9, 2024 Value: US$1.3 billion

South32 Ltd. in its completed strategic investment in American Eagle Gold Corp.

On November 26, 2024, South32 Ltd. completed its $29 million strategic investment to acquire a 19.9% interest in TSX-V-listed American Eagle Gold Corp. (American Eagle). American Eagle is advancing the Nak Project, a highly prospective copper porphyry system located in northwest British Columbia...

Lead Office: Vancouver Date Closed: November 26, 2024 Value: $29 million

General Motors Corporation in its joint venture with Lithium Americas Corp.

On October 16, 2024, General Motors Corporation announced its joint venture with Lithium Americas Corp. for the purposes of developing the Thacker Pass project whereby GM is investing US$625 million for a 38% asset level ownership interest in Thacker Pass. As part of the transaction, GM has also...

Lead Office: Vancouver Date Announced: October 16, 2024 Value: US$625 million

Cygnus Metals in its business combination agreement with Doré Copper Mining Corp. for $24 million

On October 15, 2024, Cygnus Metals announced its business combination agreement with Doré Copper Mining Corp. for a total value of $24 million.  This merger will offer the funding, expertise and strategy for superior shareholder returns through the brownfields exploration and operations in...

Lead Office: Vancouver Date Announced: October 15, 2024 Value: $24 million

Joint venture between Rio Tinto and Aymium

On July 25, 2024, Rio Tinto and Aymuim announced its new biocarbon joint venture in Québec, Évolys Québec Inc. This venture will be involved in manufacturing a renewable metallurgical biocarbon product to decrease carbon emissions in large-scale industrial processes. The joint venture will be...

Lead Office: Montreal Date Announced: July 25, 2024 Value: --

Haywood Securities Inc. in connection with Fury Gold Mines Limited’s $5 million financing

On June 13, 2024, Fury Gold Mine Limited announced it closed a private placement of common shares for total gross proceeds of $5,000,800. The Offering was made through a syndicate of agents led by Haywood Securities Inc. and included BMO Capital Markets, H.C. Wainwright & Co., and Echelon...

Lead Office: Vancouver Date Announced: June 13, 2024 Value: $5 million

Frontier Lithium Inc. in its Joint Venture with Mitsubishi Corporation to develop the PAK Lithium Project

On March 4, 2024, Frontier Lithium Inc. announced its definitive agreement with Mitsubishi Corporation to establish a joint venture partnership for the PAK Lithium Project mine and planned lithium chemicals conversion facility. This joint venture partnership delivers immediate and short-term...

Lead Office: Vancouver Date Closed: -- Value: $25 million

General Motors in its US$150 million equity investment in Nouveau Monde Graphite

On February 15, 2024, General Motors announced its US$150 million equity investment in Nouveau Monde Graphite, which investment will be made in two tranches. At the closing of tranche 1, General Motors made an initial US$25 million equity investment to support the advancement of the Matawinie...

Lead Office: Vancouver Date Closed: -- Value: US$150 million

Kenorland Minerals Ltd. in its joint venture with Sumitomo Metal Mining

On January 16, 2024, Kenorland Minerals Ltd. announced it entered into a definitive agreement with Sumitomo Metal Mining Canada Ltd. to exchange 20 percent participating interest in the Frotet Project, situated in Quebec, for a 4 percent net smelter return royalty on all minerals extracted from the...

Lead Office: Vancouver Date Closed: -- Value: -