ENERGY MINERALS

Magna to buy Lonmin Canada

Magna Mining has entered into an agreement to acquire Lonmin Canada for C$16 million including $13 million in cash upon closing and a deferred payment of $3 million payable a year after closing in cash or stock.

Lonmin's Denison in Ontario, Canada

Lonmin's Denison in Ontario, Canada

Lonmin's main asset is the Denison project and past producing Crean Hill nickel-copper-platinum group metals mine in Sudbury in Ontario, Canada which is 37km east of Magna's Shakespeare project. Denison...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.