cmoc
449 ogledov
2 razprav
Vroče
Najnovejše
🇧🇷 Brazilian State Firm Challenges $1B Equinox Gold Sale to CMOC
A Brazilian state-run mining company has filed a legal challenge to block part of the sale of gold assets by Equinox Gold to Chinese miner CMOC Group, claiming the seller lacked rights to transfer one of the concessions. The original $1 billion deal was signed late last year and expected to close in Q1 2026.
Key Highlights:
The dispute centers on the Bahia Complex lease in Brazil — a state entity argues Equinox was only a leaseholder, not the owner, and so couldn’t sell it without consent.
The broader transaction includes several Brazilian mines sold as part of Equinox’s strategic shift to focus on North American gold assets.
Equinox says it remains confident the sale complied with local law and is open to discussions with authorities.
Expert Insight:
This move highlights regulatory and sovereign “state consent” risks within cross-border mining deals — factors that can delay or reshape major acquisitions, especially amid resource nationalism pressures and complex lease rights.
#Mining #GOLD #EquinoxGold #CMOC #MergersAndAcquisitions $USDC $XAU $PAXG
A Brazilian state-run mining company has filed a legal challenge to block part of the sale of gold assets by Equinox Gold to Chinese miner CMOC Group, claiming the seller lacked rights to transfer one of the concessions. The original $1 billion deal was signed late last year and expected to close in Q1 2026.
Key Highlights:
The dispute centers on the Bahia Complex lease in Brazil — a state entity argues Equinox was only a leaseholder, not the owner, and so couldn’t sell it without consent.
The broader transaction includes several Brazilian mines sold as part of Equinox’s strategic shift to focus on North American gold assets.
Equinox says it remains confident the sale complied with local law and is open to discussions with authorities.
Expert Insight:
This move highlights regulatory and sovereign “state consent” risks within cross-border mining deals — factors that can delay or reshape major acquisitions, especially amid resource nationalism pressures and complex lease rights.
#Mining #GOLD #EquinoxGold #CMOC #MergersAndAcquisitions $USDC $XAU $PAXG
Prijavite se, če želite raziskati več vsebin