Financial Matters, M&A


Capstone buys BHP’s Pinto Valley

VANCOUVER — Most of the world’s mining majors are selling non-core assets so that they can optimize key operations, shore up earnings and cut back capital outlays. The shift follows a few years of overspending spurred by commodity…





A bucket wheel excavator at BHP's Spence open pit mine in northern Chile. Source: BHP Billiton

Capstone buys Pinto Valley mine from BHP

VANCOUVER – Most of the world’s mining majors are selling non-core assets to focus on optimizing key operations, shoring up earnings, and cutting back capital outlays. The shift follows a few years of overspending spurred by commodity…







Hanlong reneges on Sundance deal

VANCOUVER –Mining companies and resource investors are going to have a tough time believing Hanlong Group if it tables another takeover offer. Twice the huge Chinese energy and resource company has offered to take over junior miners but…


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