Kinross to acquire Bema in $3.5-billion deal
Vancouver – Kinross Gold (K-T, KGC-N) is stepping up the pace of consolidation in the North American gold mining in…
Canada
Goldcorp closes Glamis Gold acquisition
On Saturday, Goldcorp (G-T, GG-N) closed its acquisition of Glamis Gold (GLG-T, GLG-N), exchanging each Glamis shar…
Nuinsco looking at nickel spinoff by year-end
Plans by Nuinsco Resources (NWI-T) to set up a separate company to hold its nickel assets should harden into a form…
Tribute’s Arrow holes hit mark (November 06, 2006)
Analytical results from two drill holes by Tribute Minerals (TBM-V) at the Garnet Lake property in northwestern Ont…
Western Canadian Coal opens Wolverine
Tumbler Ridge, B.C. — More than 200 guests gathered near this Peace River community in early October to help Western Canadian Coal (WTN-T, WXJXF-O) (WCC) celebrate the official opening of its Wolveri…
Stornoway turns over Ashton board (November 06, 2006)
Robert Boyd will stay on as interim chief executive officer at Ashton Mining of Canada (ACA-T, AMCFF-O), but now that Stornoway Diamond (SWY-T, SWYDF-O) has a 73% interest in the company the board of …
Titan expands Athabasca holdings with Dejour deal
Vancouver — Dejour Enterprises (DJE-V, DJEFF-O) has agreed to hand over its uranium projects to Titan Uranium (TUE-V, TUEFF-O) in return for a 37% stake in the company, plus other considerations.
Peregrine to acquire Kettle River
Peregrine Diamonds (PGD-T) is boosting its stake in the WO diamond project in the Northwest Territories and, in turn, the DO-27 pipe by merging with Kettle River Resources (KRR-V, KRRSF-O).
CVRD sambas into Toronto
A day after announcing that Brazilian iron ore giant Companhia Vale do Rio Doce (CVRD) (RIO-N) had acquired 76% of Inco’s (N-T, N-N) shares and were closing in on finalizing the takeover, the top bras…
Barrick boosts NovaGold bid
Vancouver — Barrick Gold (ABX-T, ABX-N) has increased and extended its takeover bid for NovaGold Resources (ng-t, ng-x), now offering US$16.00 per share until Nov. 7.
Editorial: We’ll think no more of Inco. . .
October marked the beginning of a new era for Canadian mining, with the absorption of the iconic Canadian nickel miner Inco into the Brazilian base metals behemoth, Companhia Vale do Rio Doce.
Agnico sets earnings benchmark
High prices for its byproducts saw gold production costs on the decline for Agnico-Eagle Mines (AEM-T, AEM-N), fuelling record third-quarter earnings for the Toronto-based company.