People (February 26, 2007)
Peregrine Diamonds — Hugo Grenon appointed exploration field manager; Maiko Sell appointed project geophysicist for the WO diamond project in the Northwest Territories; Duncan McBean appointed superv…
Articles by Northern Miner Staff
Suppliers News (February 26, 2007)
No stopping Finning
Bolivian government seizes Glencore tin smelter
The Bolivian military has marched on private industry once again — and this time it’s a mining company that is being held under heel.
CGA to pick up Masbate
CGA Mining (CGA-T, CGX-A) has entered a deal with Thistle Mining (THTLF-O, TMG-L) to take over the Masbate gold project in the Philippines for US$30 million in cash and another US$21 million worth of …
Starcore closes financing for San Martin acquisition (February 26, 2007)
Vancouver — Starcore International Ventures (SAM-V, SHVLF-O) stands poised to enter the producer’s league following closure of an $18.7-million financing earmarked for the acquisition of the San Mart…
Randgold tops 2005 profits
Mid-tier gold miner Randgold Resources (GOLD-Q, RRS-L) saw its earnings increase on higher gold prices and bigger production numbers in 2006.
Impala launches Afplats bid (February 26, 2007)
Impala Platinum (IMPUY-O, IPLA-L, IMPO-J) has made a takeover bid for junior platinum developer African Platinum (AFRPF-O, APP-L), valuing the company at 297 million (US$579 million).
Editor’s Picks: Top news of the week (February 26, 2007)
Acquisitions within the mid-tier gold and uranium sectors grabbed the headlines in the seventh trading week of 2007.
Kyrgyz coalface a dangerous place
HEALTH & SAFETY
Agnico-Eagle offers $710M for Cumberland
Agnico-Eagle Mines (AEM-T, AEM-N) plans to take on Canada’s North with its proposed takeover of Cumberland Resources (clg-t, clg-x).
Giustra behind Goldcorp’s US$300M mines sale
Vancouver — In what looks to be a US$300-million pruning exercise, Goldcorp (G-T, GG-N) is spinning out mines in Australia and Brazil into a junior company led by Frank Giustra’s investment banking f…
Zinifex proposing Wolfden takeover
Australian zinc producer Zinifex (ZFX-A, ZFEXF-O) has put a cash offer of $3.90 per share on the table for Wolfden Resources (WLF-T, WLFFF-O) that values the Arctic base metal developer at about $345 …