Europe

Eldorado targets Frontier Pacific

VANCOUVER — Frontier Pacific Mining (FRP-V, FRPMF-O) is fighting an unsolicited takeover offer from Eldorado Gold (ELD-T, EGO-X) in a battle focused on Frontier’s 1.4- millon-oz. Perama Hill gold dep…


First Quantum bids big to land Kevitsa

First Quantum Minerals (FM-T, FQM-L) is offering a hefty premium in a cash-and-share deal worth about $281 million in a bid to acquire Scandinavian Minerals (SGL-T, SCANF-O) and its giant Kevitsa nick…








Gold tops US$1,000 per oz.

The week ended March 15, the eleventh trading week of 2008, was capped by a powerful rally in gold prices stemming from the political and market tumult rippling out from world’s financial centre in Lo…




Dundee to test open-pit potential at Armenian mine

Dundee Precious Metals (DPM-T, DPMLF-O) claims that the Shahumyan polymetallic deposit at its producing Kapan mine, in Armenia, shows potential for an open-pit mine, and now the company is setting out…


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