Silvercorp Metals to acquire Adventus Mining Corporation for C$200m

Silvercorp Metals to acquire Adventus Mining Corporation for C$200m

Silvercorp Metals Inc. (TSX: SVM, NYSE American: SVM) has announced a definitive arrangement agreement to acquire all issued and outstanding common shares of Adventus Mining Corporation (TSXV: ADZN, OTCQX: ADVZF) in a transaction valued at approximately C$200 million on a fully-diluted in-the-money basis. Under the terms of the agreement, Adventus shareholders will receive 0.1015 of […]

Rio Tinto reports Q1 production results with strategic focus on safety and decarbonization

Rio Tinto reports Q1 production results with strategic focus on safety and decarbonization

In the first quarter of 2024, Rio Tinto, led by Chief Executive Jakob Stausholm, navigated significant operational challenges, yet managed to sustain stable production results. Stausholm highlighted the profound impact of a tragic plane crash in January that claimed the lives of four Diavik colleagues and two airline crew members, reinforcing the company’s commitment to […]