Africa

Newmont readies market for shortfalls

Vancouver — The world’s second-largest gold producer, Newmont Mining (NMC-T, NEM-N), has given notice that bullion output from its mines will temporarily decline until it can bring new development pr…



Volta Power Cuts to Hit Gold Mines

Low water levels in the Volta River system have led the Ghanaian power generation agency, the Volta River Authority, to begin a program of load management that includes some power cuts to users, inclu…



Iamgold bids for Cambior (September 25, 2006)

A friendly deal between Iamgold (IMG-T, IAG-N, IGD-A) and Cambior (CBJ-T, CBJ-X) would see Iamgold take over the Montreal-based gold miner in a paper deal valued at $1.3 billion to form a gold company…







Gold Fields bids for WA, expanding Driefontein, Kloof

Coincident with its deal to acquire Barrick Gold’s (ABX-T, ABX-N) half stake in the South Deep gold mine in South Africa, which is co-owned by Western Areas (WARJF-O, WAR-J), Gold Fields (gfi-n) is bo…


LionOre taking its share (September 18, 2006)

With the price of nickel surging in recent weeks and traditional titans Inco (N-T, N-N), and Falconbridge (FAL-T, FAL-N) fading away, LionOre Mining International (LIM-T, LMGGF-O, LOR-L) is establishi…


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