Oriel aims to supply stainless steel industry
Vancouver – London-based Oriel Resources (ORL-T) has reached a few more milestones on the road to potential product…
Russia and CIS
Bema increases loan for Kupol
Vancouver – Bema Gold (BGO-V) and Bayerische Hypo-und Vereinsbank AG have agreed to increase the US$60 million brid…
European Minerals gets US$80 million loan
Vancouver – European Minerals (EPM-T) has appointed Investec Bank and Nedbank to underwrite US$40 million each in d…
Kinross gives Tsokol thumbs-down (January 25, 2005)
Kinross Gold (K-T) has cancelled a plan to develop the Tsokol gold deposit, near its Kubaka mine in far eastern Rus…
A South African thaw
In an about-face South African gold miner, and target of a hostile takeover bid, Gold Fields (GFI-N) has concluded…
Barrick invests in Celtic Resources
Barrick Gold (ABX-T) has agreed to invest US$28 million to buy shares of Celtic Resources Holdings (CER-L) as a mea…
Kupol’s gold and silver high and continuous
Vancouver – Bema Gold’s (BGO-T) recent drill program at Kupol has extended the high-grade gold and silver mineraliz…
Pan American trades Dukat for ducats (November 22, 2004)
Pan American Silver (PAA-T) has sold its 20% stake in the Dukat silver-gold mine in Magadan state in far-eastern Ru…
Russia’s Mechel Steel prices IPO, begins trading
Just hours before the opening bell, Russian steel maker and base-metal miner Mechel Steel (MTL-N) set the price of…
Gold Fields circles the wagons (October 27, 2004)
In its latest gambit to derail Harmony Gold’s (HMY-N) unwanted advances, Gold Fields (GF-N) has asked South Africa’…
Harmony targets Gold Fields, top spot (October 18, 2004)
Fresh off a failed merger attempt with Wheaton River Minerals (WRM-T), Iamgold (IMG-T) now sees its new plan to joi…
Iamgold slides on Norilsk rumours
Shares in Iamgold (IMG-T) were off as much as 88, or nearly 9%, at $9.17 in early trading in Toronto on Oct. 15, a…