St Barbara Agrees to Sell 50% of Simberi to Lingbao Gold and Kumul for up to A$470M
St Barbara announced it has agreed to sell a combined 50% stake in its Simberi gold project in Papua New Guinea to China’s Lingbao Gold Group and PNG’s Kumul Mineral Holdings for up to A$470 million in staged cash payments and loans. The transaction, expected to close by the end of March, will fund St Barbara’s sulphide expansion at Simberi. The deal follows the miner’s renewed focus on its Canadian exploration program.
Globe Telecom Sets 6.7631% Dividend for up to P25B Perpetual Preferred Share Offering
Ayala‑led Globe Telecom announced the final dividend rates for its upcoming perpetual preferred share offering, targeting up to P25 billion in proceeds. The base offer comprises 7.5 million non‑voting preferred shares at P2,000 each, with a dividend rate of up to 6.7631%,...
German Mining Startup Hades Raises €15M in Seed Round
German mining startup Hades announced a €15 million seed round, valuing the company at €67.5 million. The round was co‑led by HV Capital and Headline, with participation from existing investors Project A and Visionaries Tomorrow. The funding will be used to expand...
Allied Properties REIT Takes Full Operational Control of KING Toronto From Westbank
Allied Properties REIT announced it has assumed full operational control of the KING Toronto development, effectively acquiring Westbank’s stake in the project. The move follows a series of loan facilities and will result in Allied owning 100% of the project...
Greystar Nears £500mn Deal to Acquire 900 Units From Lendlease and Canadian Pension Fund
US property manager Greystar is close to finalising a £500mn acquisition of 900 build‑to‑rent units in Elephant and Castle, London. The units are being sold by Australian developer Lendlease and Canada’s largest pension fund, marking a major expansion of Greystar’s...
TechMet Seeks up to $200M in New Funding to Expand Critical Minerals Portfolio
TechMet, the US‑backed investment vehicle focused on critical minerals, announced plans to raise up to $200 million in additional funding. The capital will be used to make new investments in mining projects across Africa and other regions, building on its $300 million...
Jingdong Property, JD.com’s Logistics Arm, Files for Hong Kong IPO
Jingdong Property, the logistics infrastructure subsidiary of JD.com, has filed for an initial public offering in Hong Kong to fund overseas asset expansion. The unit, which manages 121.5 billion yuan in assets and posted a 21 % revenue increase to 3 billion yuan in the...