Canada





Diamonds from Ashton Mining of Canada's largest project, a joint venture with Quebec-owned Soquem, the Foxtrot property in northern Quebec. At Foxtrot, Ashton has outlined the nine Renard kimberlite bodies with diamond grades estimated at 0.08 to 1.24 carats per tonne. Ashton is running a $29-million exploration program there this year.

Stornoway bids for Ashton, Contact

Stornoway Diamond (SWY-T) is offering to take over two other diamond explorers to create a $200-million company, and has lined up agreements with controlling shareholders that make the deal look likel…


Falconbridge sticks with Inco

Canada’s long-running takeover soap opera seems to be finally drawing to an end, and it looks like the Swiss-born interloper will succeed in spoiling the nuptials with shares in Falconbridge (FAL-T, F…


Vivian Danielson

Barrick makes push for NovaGold, Pioneer

A legal dispute and hostile takeover bid involving NovaGold Resources (NG-T, NG-X) and Pioneer Metals (PSM-T) was the catalyst that prompted Barrick Gold (ABX-T, ABX-N) to make all-cash offers for bot…





Ashton declines politely

The board of Ashton Mining of Canada (ACA-T) has come out swinging at bidder Stornoway Diamond (SWY-T), calling Sto…



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