2004

Iamgold jilted, again (December 13, 2004)

After weeks of legal challenges and verbal sniping, shareholders of Gold Fields (GFI-N) have finally had their say, narrowly rejecting their company’s plan to merge its international assets with those of Iamgold


Alcan plans closures, job cuts (December 13, 2004)

Montreal-based aluminum giant Alcan (AL-T) plans to close three European facilities as part of a restructuring plan associated with its assimilation of French rival Pechiney, which it acquired in 2003.


Stillwater increases safety

The U.S. Mine Safety and Health Administration (MSHA) says Stillwater Mining‘s (SWC-N) namesake mine is the “most improved” in the Rocky Mountain District.



Thomas to talk in Toronto

Kenneth Thomas, chief operating officer of Crystallex International, will speak at the next luncheon of the Toronto branch of the Canadian Institute of Mining Metallurgy and Petroleum. The event is slated for Dec. 16 at the Ontario Club.


MinMetals deal for Noranda offers little for Canada

This is the first of two parts taken from a paper titled China Minmetals and Noranda: A Backdoor Nationalization Process of Canada’s Natural Resources? The paper was written and published by the office of David Kilgour, Liberal member of Parliamen…


Ivanhoe eyes Mongolian coal

Vancouver — Buoyant prices, driven largely by unquenched demand from China, has prompted Ivanhoe Mines (IVN-T) to evaluate a number of coal projects in the South Gobi region of Mongolia.


Feasibility augurs well for Red Chris

Vancouver — BcMetals (C-T) is encouraged by the results of an independent feasibility study of the Red Chris project in northwestern British Columbia.


Teck sells Cajamarquilla

Brazilian metal producer Votorantim Metais will take over the Cajamarquilla zinc refinery in Peru following a deal with operator Teck Cominco (TEK-T) and minority owner Marubeni.


Juniors flat as gold holds above US$450

Precious metals, for the most part, traded in a narrow range over the trading period Dec.1-7. which saw a bit of weakness return to the junior mining sector. The TSX venture exchange index closed at 1712.19, down 37.2 points, or 2% lower from the…



And then there were ten . . . again

Consolidating the gold industry, no matter how hard some companies may try, still isn’t coming easily: witness the defeat of the friendly deal that would have created Gold Fields International.


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