Morning Briefing: Wesdome to Acquire Angus Gold while Precious Metals See Slight Bounce this Morning
Apr 7, 2025
Exciting merger news as Wesdome Gold Mines plans to acquire Angus Gold, signaling a shift in the industry. Defiance Silver is also eyeing a deal with Green Earth Metals, showcasing a growing interest in strategic acquisitions. Meanwhile, precious metals are seeing a slight bounce, bringing optimism to the market. FPX Nickel is extending its exploration efforts through collaboration with JOGMEC, while Kenorland Minerals gains the green light for a new buyback program, all amid a dynamic mining landscape.
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Precious Metals Rebound
Gold and silver saw a rebound as investors in Asia sought financial insurance.
M&A News this morning with an announcement that Wesdome Gold Mines will acquire all of the issued and outstanding common shares of Angus Gold. Defiance Silver has entered into a non-binding letter of intent to acquire Green Earth Metals which is a private company with assets in Mexico. FPX Nickel has extended the company’s Global Generative Exploration Alliance with JOGMEC. Kenorland Minerals has obtained the approval from the TSX Venture Exchange for a new normal course issuer bid.
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Calibre Mining is a Canadian-listed, Americas focused, growing mid-tier gold producer with a strong pipeline of development and exploration opportunities across Newfoundland & Labrador in Canada, Nevada and Washington in the USA, and Nicaragua. With a strong balance sheet, a proven management team, strong operating cash flow, accretive development projects and district-scale exploration opportunities Calibre will unlock significant value.https://www.calibremining.com/
Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com
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