Canadian Mining Journal

Shandong Gold Group

  • Shandong Gold takeover of TMAC to undergo national security review

    October 15, 2020 by Canadian Mining Journal

    Months after shareholders of TMAC Resources approved a takeover of the company by China’s Shandong Gold Mining, the federal government has ordered a national security review of the transaction. The US$149-million, $1.75-per-share deal was announced in May, with more than

  • News

    MINING PEOPLE: Canada Silver Cobalt, GoldMining, Ivanhoe, Shandong, US Gold

    August 13, 2020 by Canadian Mining Journal

    Management appointments announced this week include: Clean Air Metals has named Allan MacTavish as VP and project manager for the company’s Thunder Bay North project. Robert Winton has joined Excelsior Mining as general manager and senior VP of the Gunnison

  • GOLD: Shandong Gold ups offer for Cardinal

    July 23, 2020 by MINING.COM Staff

    GHANA – Australia-based Cardinal Resources announced on Wednesday it has received an improved takeover offer from China’s Shandong Gold. The new proposal from Shandong Gold follows a recent takeover bid launched by Russia’s Nordgold, whose chairman is currently Cardinal’s largest shareholder. The Russian

  • Shandong Gold to buy TMAC Resources for US$149M

    May 11, 2020 by Trish Saywell

    In the latest Chinese acquisition of a Canadian gold miner, Shandong Gold is buying TMAC Resources (TSX: TMAC) and its Hope Bay gold project in Nunavut for US$149 million. The news follows Zijin Mining’s acquisition of Continental Gold in March for C$1.3

  • News

    COPPER-GOLD: TSXV greenlights ATEX’s acquisition of Chilean copper project

    December 5, 2019 by MINING.COM Staff

    CHILE – ATEX Resources received conditional approval from the TSX Venture Exchange for its acquisition of the Valeriano porphyry copper-gold project, located in Chile. The decision means that ATEX shares will again commence trading on the TSXV on December 5,

  • GOLD: Barrick to buy Randgold creating $18B company

    September 24, 2018 by Canadian Mining Journal

    TORONTO – Barrick Gold has made an all-share offer worth US$6 billion for Randgold Resources. The merger, subject to the approval of both companies’ shareholders, will create an industry leading gold miner with a combined market cap of US$18 billion.

  • News

    GOLD: Barrick, Shandong strengthen co-operation

    July 9, 2018 by Canadian Mining Journal

    TORONTO – Barrick Gold says it has enhanced the strategic co-operation agreement between it and Shandong Gold Group Co. The new document builds on an April 2017 agreement when Shandong acquired 50% of Barrick’s Veladero gold mine in Argentina. The