American automotive manufacturer General Motors (GM) and Lithium Americas, a mining company, have joined forces to develop the Thacker Pass lithium project in Nevada. Situated in Humboldt County, the Thacker Pass lithium mine is anticipated to process a large scale of lithium, which can support the production of up to one million electric vehicles annually. […]
Nasdaq-listed Live Ventures Incorporated has acquired Flooring Liquidators, a retailer and installer of carpets, floors, and countertops to consumers, contractors, and builders in California and Nevada. The deal, which is worth around $84 million, was financed via a mix of cash and debt. This includes a note of $5 million from Isaac Capital Group and […]
Blackstone Real Estate Income Trust (BREIT) has agreed to divest its 49.9% interest in MGM Grand Las Vegas and Mandalay Bay Resort to its joint venture (JV) partner VICI Properties for approximately $1.27 billion in cash. VICI Properties currently holds a 50.1% stake in the joint venture that owns the two properties located in Las […]
Centerra Gold, a Canadian gold mining company, has closed the previously announced $206.5 million acquisition of Gemfield Resources, the owner of the Goldfield District Project in Nevada. Gemfield Resources was acquired from Waterton Nevada Splitter. The deal was announced in late February 2022. The Goldfield District Project is a conventional open-pit, heap leach project. The […]
Crown Holdings has selected Mesquite, Nevada as the location for its previously announced Southwestern US aluminum beverage can manufacturing facility. According to the Pennsylvania-based rigid packaging company, the two-line aluminum can manufacturing plant will supply standard and specialty beverage cans to its customers who produce carbonated soft drinks, energy drinks, sparkling water, beer, hard seltzers, […]
Ball Corporation said that it plans to set up a new aluminum beverage packaging plant in North Las Vegas, Nevada for the US market with a multi-year investment of around $290 million. According to the aluminum packaging solutions provider, the multi-line plant is slated to start production in late 2022. When fully operational, the aluminum […]
Dalfen Industrial, a Texas-based real estate investment manager, has acquired an additional industrial property in Henderson, Nevada for an undisclosed price. The acquired 40,817 square foot industrial property located at 1080 Mary Crest Rd. is fully occupied by a long-term tenant at a below market rent. Sean Dalfen — Dalfen Industrial President and Chief Investment […]
Equinox Gold has wrapped up its previously announced CAD611.7 million ($487.9 million) acquisition of Premier Gold Mines, a Canadian mineral exploration company. The all-stock deal, which was signed in December 2020, gives Equinox Gold access to the construction-ready Hardrock Project in Ontario in which Premier Gold Mines has a stake of 50%. Equinox Gold also […]
US gaming company Bally’s Corporation (formerly Twin River Worldwide Holdings) has wrapped up the previously announced acquisition of MontBleu Resort Casino & Spa in Nevada from Caesars Entertainment. The deal was announced by Twin River Worldwide and Eldorado Resorts in April 2020. Eldorado Resorts merged with Caesars Entertainment in July 2020 and assumed the latter’s […]
Zenith Minerals has signed a cash-cum-stock deal worth AUD 1.05 million to sell its 45% stake in its lithium brine, pegmatite, and clay projects in the US to joint venture (JV) partner Bradda Head. The US lithium assets of the Australian mineral exploration company include the lithium brine plays – the Spencer brine project and […]