SSR Mining

M&A Activity · Americas

Pinnacle Minerals (ASX:PIM) has agreed to acquire APT Tungsten, which holds an option over five Utah tungsten projects, in an all-scrip deal alongside a placement of up to $1.3 million.

M&A Activity · Americas

Barrick Gold is spinning off its North American operations into a separate publicly-traded entity (Barrick North America) while retaining a majority stake. The spin-off will include Nevada Gold Mines (61.5% owned, world's largest integrated gold complex), Pueblo Viejo mine in Dominican Republic (60% owned), and the Fourmile project in Nevada with significant exploration upside.

Capital Raising · Americas

Montero Mining closed a C$1.5M private placement to fund exploration in Chile.

Partnership · Americas

Titan Mining signed preliminary deal with U.S. Army to build a graphite facility in Alabama, signaling strategic partnership with defense sector.

Geographic Expansion · Americas

USA Rare Earth broke ground on a $1.2 billion fully integrated rare-earth production facility in South Carolina, targeting mine-to-magnet vertical integration outside China with long-term goals of producing 10,000 metric tons each of magnets and strip-cast metal.

Leadership Change · Americas

John Thornton, Chairman of Barrick Gold, consolidated control by seizing authority from long-time CEO and is driving a strategic reinvention of the gold producer after a turbulent 12-year tenure.