M&A

Mustang folds ruby assets into Fura

MUSTANG Resources has signed a A$10 million deal to merge its ruby assets into Toronto-listed Fura Gems.

Afford Mustang: Fura has grown from a Colombia-focused emerald company to a full gem developer in 18 months

Afford Mustang: Fura has grown from a Colombia-focused emerald company to a full gem developer in 18 months

Mustang will receive $10 million worth of Fura shares to be paid in tranches over 20 months, which will be distributed to Mustang shareholders following an escrow period. Fura is already developing...

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 mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

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.