Falconbridge sticks with Inco
Canada’s long-running takeover soap opera seems to be finally drawing to an end, and it looks like the Swiss-born interloper will succeed in spoiling the nuptials with shares in Falconbridge (FAL-T, F…
Regulatory Issues
Phelps’ bid gets Canadian nod, hedge hurts earnings
The Canadian Competition Bureau has granted an advanced ruling certificate unconditionally clearing Phelps Dodge’ (…
Xstrata bid wins Canadian nod
Industry Canada has approved Xstrata’s (XSRAF-O, XTA-L) hostile bid for Falconbridge (FAL-T, FAL-N), removing the l…
Aquiline wins in BC court
Vancouver — Shares of IMA Exploration (IMR-V, IMR-X) lost more than two-thirds of their value in heavy trading after the Supreme Court of British Columbia ruled against the company and awarded Aquili…
Phelps troika circles the wagons (July 24, 2006)
Facing a recently sweetened competing bid, and looming July 28 deadline for Falconbridge’s (FAL-T, FAL-N) shareholders’ rights plan, Inco (N-T, N-N) has increased the cash portion of its offer for its…
Oxus licence woes deepen
London-based developer Oxus Gold (OXS-L) says it is “reviewing its legal options” after the announcement from Kyrgy…
Letter to the Editor from Eramet’s President
Dear Sir: I refer to your editorial of June 21, 2006 (“Eramet still hankering after Koniambo”).During the c…
Phelps troika circles the wagons (July 17, 2006)
Facing a recently sweetened competing bid, and a looming July 28 deadline for Falconbridge’s shareholders’ rights p…
Xstrata raises the stakes (July 17, 2006)
After taking a few days to root around in its pocketbook, Xstrata (XSRAF-O, XTA-L) has boosted its all-cash bid for the 80.2% of Falconbridge’s (FAL-T, FAL-N) shares it doesn’t already own by $6.50 pe…
Oxus consultant shot in Kyrgyzstan
A consultant for British gold developer Oxus Gold (OXUSF-O, OXS-L) was shot and wounded in the Kyrgyz capital of Bishkek on Friday, sustaining injuries to his liver and kidney….
Xstrata gets EC nod
The European Commission has approved Xstrata’s (XSRAF-O, XTA-L) proposed acquisition of Falconbridge (FAL-T, FAL-N)…
Phelps’ bid clears U.S. hurdle
Phelps Dodge’s (PD-N) has received early U.S. antitrust clearance for its proposed US$40-billion acquisition of Inc…