Goldcorp, Glamis to merge
Vancouver — The latest in a series of mega-mining mergers sees Goldcorp (G-T, GG-N) looking to boost its ranking amongst the world’s top gold companies through an agreement to merge with mid-tier pro…
Canada
Stornoway, Rio change break fee (September 11, 2006)
Stornoway Diamond (SWY-T, SWYDF-O) and Rio Tinto (RTP-N, RIO-L) have agreed to changes in their lock-up agreement that would see a $2-million break fee paid out to all shareholders of Ashton Mining of…
Inco on the brink-o (September 11, 2006)
Just a week after officially shunning Companhia Vale do Rio Doce (CVRD) (rio-n) in favour of Phelps Dodge (PD-N), Inco (N-T, N-N) has terminated its combination agreement with the Arizona-based copper…
Imperial makes bid for bcMetals
Vancouver – A newly launched takeover bid for bcMetals (C-V) could catapult Imperial Metals (III-T) into a much la…
BCSC dismisses Ashton application
The application by Ashton Mining of Canada (ACA-T, AMCFF-O) to have the British columbia Securities Commission issu…
Aurora Energy hits new uranium zone at Jacques Lake
Vancouver – An aggressive drill campaign by Aurora Energy Resources (AXU-T, AUEGF-O) on its Central Mineral Belt (C…
CanAlaska partners with Mitsubishi on West McArthur uranium
Vancouver – CanAlaska Ventures (CVV-V, CVVLF-O) has landed Mitsubishi Development as an exploration partner on its …
Stornoway, Rio change break fee (September 05, 2006)
Stornoway Diamond (SWY-T, SWYDF-O) and Rio Tinto (RTP-N, RIO-L, RIO-A) have agreed to changes in their lock-up agre…
Blue Pearl aims for top tier of world’s moly producers
Vancouver — A US$575-million takeover of privately held Thompson Creek Metals sets the stage for Blue Pearl Mining…
Inco on the brink-o (September 05, 2006)
Just a week after officially shunning Companhia Vale do Rio Doce (CVRD) (RIO-N) in favour of Phelps Dodge )PD-N…
Ashton rejects Stornoway offer
The board at Ashton Mining of Canada (ACA-T, AMCFF-O) has rejected the takeover bid for the company made by Stornoway Diamond (SWY-T, SWYDF-O), and is talking to other possible bidders to get a better…
Strong retail demand offsets challenging rough diamond market
Despite difficult trading conditions in the rough diamond market during the first half of 2006, demand for diamond jewelry at the retail consumer level has remained vibrant, with an estimated growth o…