Lonmin dives as talks end
Shares in platinum producer Lonmin (LNMIF-O, LMI-L) ended 197 pence, or around 8%, lower at 2,300 pence in London, …
Africa
Equinox advances Lumwana, adopts poison pill
Red-hot copper prices, a consolidating industry, and a developing copper project in Zambia, have prompted Australia…
Red Back drilling confirms Abodoabo trench results (February 22, 2006)
Vancouver – The first drill holes on Red Back Mining’s (RBI-T) Abodoabo prospect, in southwestern Ghana, are substa…
Moto takes the show to Europe
Moto Goldmines (MGL-T, MOE-A) is looking to enlist the European investment community in its drive to build itself i…
Lonmin confirms bid rumours
Platinum producer Lonmin (LMI-L) has confirmed that it has been in “preliminary discussions” with a possible buyer,…
Mitsubishi eyes a slice of Kolwezi
Adastra Minerals’ (AAA-T, AAA-L) directors have unanimously urged shareholders to reject a hostile takeover bid by …
Goldbelt starts permitting program for Belahouro
Following a positive pre-feasibility study, Goldbelt Resources (GLD-V) has submitted applications for mining permit…
Iamgold production up, costs rise
Gold production attributable to Iamgold (IMG-T, IAG-X) rose 3% to 447,000 oz. in 2005, while costs, reflecting the …
Barrick targets Placer minorities
Barrick Gold (ABX-T, ABX-N) plans to compulsorily acquire the balance of Placer Dome’s (PDG-T, PDG-N) shares, after…
Moto revs on drill results (February 03, 2006)
Shares in Moto Goldmines (MGL-T, MOE-A) were trading $1.40, or nearly 30%, higher at $6.20 in afternoon trading in …
Adastra formally snubs First Quantum
Following a day of examination, Adastra Minerals (AAA-T, AAA-L) has again rejected a now formal takeover bid from F…
Axmin nails down permit terms for Bambari
The government of the Central African Republic has set its seal on a mining convention with Axmin (AXM-V) for the d…