Inco sticks with Phelps
Snubbed in its second attempt at talking a hostile bidder into sweetening its bid, takeover target Inco (N-T, N-N) …
Nickel
Xstrata sacks Pannell, Regent (August 28, 2006)
Swiss-based Xstrata (XSRAF-O, XTA-L) did not waste anytime gutting Falconbridge (FAL-T,) management after winning the takeover battle for Canada’s largest base metal miner….
Sherritt makes $93M in first half (August 28, 2006)
Strong revenues thanks to high commodity prices brought Sherritt International (S-T, SHERF-O) a net income of $57.2 million (36 per share) on revenue of $297 million in the second quarter of the year…
Royalties gets revised feasibility numbers (August 28, 2006)
The Raglan South project of Canadian Royalties (CZZ-T, CRYAF-O) appears to have better economics than a recent scoping study showed, following a review of the operating costs in the study’s financial…
Teck bows out
Having failed to raise some $5.7 billion overnight, Teck Cominco (TCK.A-T, TCK-N) quietly let its offer for Inco (N-T, n-n) expire on Aug. 16….
Phelps bid faces further scrutiny
Investment Canada has extended by 30 days its review of Phelps Dodge’s (PD-N) proposed acquisition of Inco (N-T, N-…
Xstrata sacks Pannell, Regent (August 21, 2006)
Swiss-based Xstrata (XTA-L) did not waste anytime gutting Falconbridge (FL-T, FL-N) management after winning the ta…
Plot thickens in battle for Inco
Brazilian iron ore giant Companhia Vale do Rio Doce (CVRD) (RIO-N) has turned up the heat in the battle for control of Inco (N-T, N-N) with an all-cash bid of $86.00 per share….
Vietnam rising
It has been 20 years since Vietnam decided to loosen its totalitarian grip on the economy and open its arms to foreign investment. The policy change was dubbed “Doi Moi,” or “Renovation” in 1986, and…
Mindoro stays the course in the Philippines
Vancouver — Philippines-focused metals explorer Mindoro Resources (MIO-V, MNODF-O) has undertaken an ambitious program of drill-testing on several prospects in its large portfolio of precious and bas…
Brilliant cuts wide high-grade nickel at Lanfranchi
Vancouver — Definition drilling on the Winner orebody at Brilliant Mining’s (BMC-V) Lanfranchi joint venture in Western Australia has delivered significant intervals of high-grade nickel mineralizati…
Falco concedes
A year-long quest is finally coming to an end for Xstrata (XSRAF-O, XTA-L, with Falconbridge’s (FAL-T, FAL-N) board of directors effectively handing over the reins of the iconic Canadian mining compan…