Xstrata Triggers Consolidation Talk With Anglo American Offer
Consolidation is the key word again in the base metals sector after Xstrata (XSRAF-O, XTA-L) tabled an informal offer for London-based Anglo American (AAL-L, AAUK-Q) on June 21.
Vale S.A.
Xstrata’s Overture
Mega-merger talk kicked up again at the end of the 24th trading week of the year, as Xstrata unveiled its desire for a “merger of equals” with Anglo American.
Americas Petrogas Eyes Potash
Branching out from its key oil and gas concessions in Argentina’s prolific Neuquen basin, Calgary-based oil and gas junior Americas Petrogas (BOE-V, APEOF-O) is taking on a new potash project along Pe…
Editorial: Xstrata’s overture
Mega-merger talk has kicked up again, with Xstrata unveiling on Sunday its desire for a “merger of equals” with Ang…
Americas Petrogas eyes Peru’s potash
Branching out from its key oil and gas concessions in Argentina’s prolific Neuquen basin, Calgary-based oil and gas…
Canada’s CFOs Honour Agnico’s Garofalo
Canada’s financial community came out in force to a black-tie gala in Toronto during the fifteenth trading week of the year to bestow Agnico-Eagle Mines’ David Garofalo with the title “Canada’s CFO of…
Amid Power Shifts, Gold Remains A Refuge
At the macro level during the twelfth trading week of the year, all eyes were on the ailing North American auto industry, and the speculation over its shrunken, blown-out future.
SRM And Palmiere Go Head To Head
The week leading up to the Prospectors and Developers Association of Canada, the eighth trading week of the year, continued to see fallout from HudBay Minerals’ failed takeover of Lundin Mining,
Vale Builds Its Fleet — Spends US$171M On New Tugboats And Barges
Brazilian mining giant Vale (RIO-N) has signed a contract with three major Brazilian shipyards worth US$171.1 million, to build up the company’s fleet.
Editorial: Miners Limp Across The Finish Line
The last two trading weeks of 2008 were characterized by miners catching their breath and licking their wounds after a brutal past few months.
Editorial: Nickel Cuts Hit Home
The steep fall in nickel prices since July finally translated into production cuts by the majors in Canada’s nickel camps during the week ended Dec. 6, the 49th trading week of 2008.
Vale slashes iron ore production, trims nickel output
Saying that it is “adjusting to the new global economic scenario,” iron ore giant Vale (RIO-n) is dramatically scaling back its iron ore mining in Brazil in order to cope with an estimated 20% product…