India: the Sleeping Giant
You might say Charles Devenish is a patient man. The Australian entrepreneur has been waiting for more than a decade for permission to start mining projects in India. He has applications for permits o…
Vale S.A.
Alcan introduces white knight (July 23, 2007)
Rio Tinto (RTP-N, RIO-L, RIO-A) has entered the lists as a friendly bidder for Alcan (AL-T, AL-N), in a deal that values the Montreal-based aluminum producer at $40 billion and knocks Alcoa (AA-N) out…
UPDATE: Alcoa withdraws Alcan offer
Alcoa (AA-N) has pulled its takeover offer for Alcan (AL-T, AL-N) after its bid was jumped by Rio Tinto (RTP-N, RIO…
First-blush numbers good for Largo
A preliminary economic study on the Maracas vanadium project in western Bahia state, Brazil, shows favourable economics at low vanadium prices, and operator Largo Resources (LGO-V, LGORF-O) will now b…
Lonmin buys into Wallbridge (June 18, 2007)
Lonmin (LNMIF-O, LMI-L) has agreed to take a private placement that could give it an 18% shareholding in Wallbridge Mining (WM-T, WLBMF-O), and cements an existing alliance in the Sudbury camp.
Skye continues to climb on back of Fenix
Skye Resources (SKR-T) continues on the road of share-price recovery after getting government approval for a proces…
NAP outlines Shebandowan zones
An 8,400-metre drilling program at the Shebandowan mine, west of Thunder Bay, Ont., has defined three zones of mineralization west of the former nickel producer.
BHP Billiton rumoured plotting Rio Tinto bid
Vancouver – Market buzz has the worlds largest mining company BHP Billiton (BHP-N, BHP-A, BLT-L) brewing up a take…
NAP outlining zones at Shebandowan
An 8,400-metre drilling program at the Shebandowan mine west of Thunder Bay, Ont., has defined three zones of miner…
Nickel frenzy continues with Sherritt takeover of Dynatec
As nickel prices surge to new levels, Sherritt International (S-T, SHERF-O) has agreed to buy Dynatec (DY-T, DYTCF-O), 40% owner of the massive Ambatovy nickel project in Madagascar, for $1.6 billion.
Aura to Acquire Brazilian Project
Vancouver — Aura Gold (ORA-T, AUGIF-O) is expanding its asset base in Brazil by acquiring an advanced copper-gold project in a $293-million all-stock deal that transfers control of the junior to the …
Skye exercises final option on Fenix
Vancouver — Skye Resources (SKR-T, SKRZF-O) has exercised the final terms in its option to acquire Companhia Vale do Rio Doce’s (rio-n) interest in the Fenix nickel project in Guatemala.