Newmont’s Uzbek joint venture declared bankrupt
The Uzbek Navoi Economic Court has imposed “supervisory measures” and installed a temporary administrator as part o…
Regulatory Issues
The Uzbek taxman cometh (August 14, 2006)
The government of Uzbekistan has seized some gold and banned further shipments of the yellow metal from Newmont Mining’s (NMC-T, NEM-N) 50%-owned Zarafshan heap-leach operation in the Kyzylkum desert,…
More Oxus licence woes
London-based developer Oxus Gold (OXUSF-O, OXS-L) says it is “reviewing its legal options” after the announcement from Kyrgyzstan that the state mining agency Kyrgyzaltyn had engaged a new joint-ventu…
Further delays for Platinex in native land dispute
After a 5-month delay of its exploration drilling program at Big Trout Lake, in northern Ontario, junior explorer Platinex (PTX-V) is facing at least another five months of paralysis, owing to an Onta…
Editorial: Aussie PM warming to nuke power (August 09, 2006)
There’s nothing quite like the whiff of big money to make people abandon their longest-held principles.This tim…
Further delays for Platinex
After a 5-month delay of its exploration drilling program at Big Trout Lake, in northern Ontario, junior explorer P…
Editorial: The CEO’s getting paid how much?!?!
Investors in certain U.S. stocks who’ve been angered by excessive, hidden management perks and burned by the shady back-dating of executive stock options will soon be getting some satisfaction courtes…
The Uzbek taxman cometh (August 03, 2006)
The government of Uzbekistan has seized some gold and banned further shipments of the yellow metal from Newmont Min…
Court backs Sulliden’s arbitration win
The Civil Court of Lima has issued an injunction ordering Minera Algamarca and Exploraciones Algamarca to return th…
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…
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…