Varvarinskoye resources inch up
A new resource and reserve estimate made for European Minerals (EPM-T, EUM-L) on the Varvarinskoye gold-copper deposit in northern Kazakhstan has increased the size of the resource, while knocking the…
Russia and CIS
Cash rich Lundin in acquisition mode
Vancouver With over US$400 million in the treasury, Lundin Mining (LUN-T, LMC-A, LUMI-S) says it remains in an ac…
SXR moves to acquire UrAsia (February 12, 2007)
SXR Uranium One (SXR-T, SXR-J) has offered to take over UrAsia Energy (UUU-T, UUU-L) to create a $5-billion uranium…
Bema investor against Kinross takeover
Vancouver — Bema Gold’s (BGO-T, BGO-N) second-largest shareholder, Tradewinds Global Investors, says it will oppose the US$3.1-billion takeover offer by Kinross Gold (K-T, KGC-N ) because it underval…
Editor’s Picks: Top stories of the week
The small club of global nickel miners was the top newsmaker during the week ended Feb. 2, 2007, with substantial d…
CGA to pick up Masbate from Thistle
CGA Mining (CGA-T, CGX-A) has entered a deal with Thistle Mining (THT-L) to take over the Masbate gold project in t…
Varvarinskoye resources inch up, reserves inch down
A new resource and reserve estimate made for European Minerals (EPM-T, EUM-L) on the Varvarinskoye gold-copper depo…
Jerooy in new hands (January 15, 2007)
The Kyrgyz government has issued a licence for development of the Jerooy gold deposit to a joint venture of state m…
Norilsk CEO held in prostitution ring
Often described as Russia’s most eligible bachelor, Norilsk Nickel (NILSY-O, MNOD-L) CEO Mikhail Prokhorov was amon…
Norilsk buys OMG’s nickel business
Cleveland-based OM Group (OMG-N) has decided to sell its nickel business for US$408 million to Russia’s Noril…
Kinross to buy Bema for $3.5B
Vancouver — Kinross Gold (K-T, KGC-N) is stepping up the pace of consolidation in the North American gold mining industry, launching a friendly $3.5-billion bid to acquire Bema Gold (BGO-T, BGO-N, BA…
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…