A hostile bid by Equinox Minerals (EQN-T, EQN-A) for Lundin Mining (LUN-T) worth about $4.8 billion in cash and shares could derail a friendly merger proposed between Lundin and Inmet Mining (IMN-T, IEMMF-O) that is scheduled for a shareholder…
Nothing’s ever simple when it comes to Lundin Mining. This week, the volatile Vancouver-based international base-metals miner had its cozy proposed merger with Canada’s Inmet Mining fall apart in the face of a hostile, $4.8-billion bid by…
The mining sector was thrust into the media spotlight in 2010 as the number of mining mergers and acquisitions (M&A) hit an all-time high. A new PricewaterhouseCoopers (PwC) report tracked 2,693 global mining M&A deals worth US$113…
A Russian state-owned miner has acquired a majority stake in Uranium One (UUU-T) in exchange for its interest …
The end of a financial quarter always springs a few surprises, and the week ended Sept. 29, the 39th trading week of 2007, had one for beleaguered Tahera Diamond shareholders, who have watched their i…
While Rob McEwen and Ian Telfer are two of mining’s most successful CEOs, you couldn’t get more pronounced differences in personality and style, with McEwen, the obsessive maverick, embodying the clas…
Just as an open wound bleeding into the ocean will attract sharks from miles around, so will weak, upper-level management in a mining company summon from around the world the kinds of sharks who wear…
In an effort to preserve a part of history, the merger between
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