Baffinland gets $274M takeover bid
VANCOUVER — Iron Ore Holdings’ (IOH-A) subsidiary Nunavut Iron Ore Acquisition has made an all-cash bid to acquire Baffinland Iron Mines (BIM-T) in a deal worth $274.3 million.
News
Minera rides high after settling with Hochschild
DENVER, COLORADO –It looks like Rob McEwen is at it again.
Centamin rejigs Sukari production, reserves
VANCOUVER — Several complications have forced Centamin Egypt (CEE-T, CEY-L) to revise the production estimate for its Sukari open-pit gold mine.
Iron ore miners look to Far North
Canada’s daunting, undeveloped Arctic iron ore deposits got a lot of attention in late September with two significant deals.
Faber, Paul urge hard asset ownership
It’s fair to say that a distrust of government is only one of the things that Marc Faber and Ron Paul share in common.
Northgate Minerals breaks ground at Young-Davidson
Goldcorp gives $10M to SFU
Goldcorp (G-T, GG-N) is donating $10 million to the downtown Vancouver campus of Simon Fraser University (SFU). To acknowledge the gift, the university’s new arts complex will be named the Goldcorp Ce…
Teck to join Suncor at Wintering Hills
Teck Resources (TCK. B-T, TCK-N) has signed a joint-venture agreement with Suncor Energy (SU-T, SU-N) to develop the Wintering Hills wind energy project, 20 km southeast of Drumheller, Alta.
Detour Gold signs trucking contract
Toromont Industries (an Ontario Caterpillar dealer) has won a contract to supply up to 36 350-ton class Caterpillar 795F haulage trucks for Detour Gold’s (DGC-T) Detour Lake gold project in northeaste…
Barrick to deploy new driving safety system
Barrick Gold (ABX-T, ABX-N) will invest $16 million to install driver monitoring systems in its fleet of vehicles worldwide. The technology was developed by Utah-based inthinc Technology Solutions, wh…
OP-ED
PEOPLE Blackstone Ventures — Stuart Angus, Kelvin Dushnisky and Michael Knuckey resigned as directors; Don Njegovan appointed a director. Camino Minerals — Francois Gaboury appointed…
TORONTO STOCK EXCHANGE -Sept. 20-24
The TSX composite index was up a modest 14 points to finish the Sept 20-24 period at 12,204.86. The big story was the Canadian dollar’s failure to rise despite a weakening U.S. greenback. While most m…