Business

Mining M&A Activity Surges

Updated 2026-07-22 19:10 UTC 1 source Positive

NovaGold Resources announced plans to acquire a 40% stake in Donlin Gold Holdings, creating a company valued at $4.2 billion. This move reflects the ongoing surge in mining mergers and acquisitions this year.

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Gold's M&A rush

NovaGold Resources (TSX: NG) on Wednesday announced plans to buy the 40% stake it doesn't already own in Donlin Gold Holdings, creating a company valued at $4.2 billion.Why it matters: Mining M&A has hit the motherlode this year.There

2026-07-22 18:52 UTC