Rival bid emerges for Talison
A Chinese conglomerate with interests in battery making and lithium production has trumped an earlier takeover bid for Talison Lithium (TLH-T) by New Jersey-based chemical maker Rockwood Holdings (ROC-N).
Articles by Northern Miner Staff
TSX Venture takes a tumble, Nov. 12-16
VANCOUVER — The S&P TSX Venture Composite Index declined in tandem with broader market sentiment during the Nov. 12-16 trading sessions, falling 5% or 65 points before closing the week at 1,235.34 points.
TSX falls as global situation weighs on investors
The TSX Composite Index fell 342 points to 11,877.72 in the Nov. 12-16 period as investors continued to focus on a series of tough global issues.
U.S. markets tremble, Nov. 12-16
Mounting concern about Washington’s ability to avoid the fiscal cliff, or mandated tax hikes and spending cuts that could send the economy back into recession, drove markets lower. The Dow Jones Industrial Index fell 1.8% or 227.08 points…
Iamgold’s Q3 profit misses the mark
Iamgold (IMG-T, IAG-N) took a hit after posting a weak third-quarter profit thanks to lower gold production and sales.
Editorial: When Harry met Ekati
This week’s long-anticipated, US$500-million sale by BHP Billiton of its 80% stake in the Ekati diamond mine in the Northwest Territories and its remaining worldwide diamond assets to Harry Winston Diamond marks another epochal change in…
Roskill: Turbulence in store for iron ore
London-based resource market analyst Roskill Information Services predicts continued volatility in the iron ore market to 2020, based on the findings of its recent report entitled: Iron Ore: Market Outlook to 2020 (7th ed.).
Centamin battles legal challenge from Egyptian court
Gold miner Centamin (CEE-T, CEY-L) has run into legal problems at its flagship Sukari operation near the Red Sea in southeastern Egypt.
Fordia takes the Grand Prix
Quebec-based, diamond-drilling equipment manufacturer Fordia has been recognized by the Quebec Society for Quality (QSQ), a professional standards organization.
Turquoise Hill secures power for Oyu Tolgoi
Turquoise Hill Resources (TRQ-T, TRQ-N) rose more than 11% after announcing it has finalized a much-anticipated power purchase agreement (PPA) for its Oyu Tolgoi copper-gold mine in Mongolia’s South Gobi desert.
Andina jumps on Hochschild’s $103M takeover bid
Shares of Toronto-based junior Andina Minerals (ADM-V) have nearly doubled, as it has agreed to a $130-million, all-cash takeover by Peru-based precious metals producer Hochschild Mining (HOC-L).
Harry Winston to buy Ekati for US$500M
One year after BHP Billiton (BHP-N, BLT-L) announced it was looking at selling its diamond business, the company has found a buyer in Harry Winston Diamond (HW-T, HWD-N).