Gold Fields to buy Barrick’s Deep stake
Barrick Gold (ABX-T, ABX-N) is selling its half interest in the South Deep gold mine in South Africa to Gold Fields (GFI-N) for nearly US$1.53 billion….
News
Blue Pearl aims for moly’s top drawer
Vancouver — A US$575-million takeover of a privately held molybdenum producer is expected to transform Blue Pearl Mining (BLE-T, BLEFF-O) from a single-project development company into the world’s la…
Imperial Metals bids for bcMetals
Vancouver — A proposed takeover bid for bcMetals (C-V, BMTLF-O) could catapult Imperial Metals (III-T, IPMLF-O) into a much larger gold and copper producer, assuming the company completes the acquisi…
LionOre taking its share (September 18, 2006)
With the price of nickel surging in recent weeks and traditional titans Inco (N-T, N-N), and Falconbridge (FAL-T, FAL-N) fading away, LionOre Mining International (LIM-T, LMGGF-O, LOR-L) is establishi…
Gold Fields bids for WA, expanding Driefontein, Kloof
Coincident with its deal to acquire Barrick Gold’s (ABX-T, ABX-N) half stake in the South Deep gold mine in South Africa, which is co-owned by Western Areas (WARJF-O, WAR-J), Gold Fields (gfi-n) is bo…
IMF gets bearish on metals
The International Monetary Fund made headlines in the world’s financial press earlier this month with a remarkably bearish take on the future of metals prices….
Understanding financial statements
Mining Explained…
Suppliers News (September 18, 2006)
Major earnings up 170%, revenue hits $94.5M…
Coastport-Cornerstone tap new high-grade copper zone at La Plata
Vancouver — In wrapping up its Phase 1 drill program, joint-venture partners Cornerstone Capital Resources (CGP-V, CTNXF-O) and Coastport Capital (CPP-V, CSTPF-O) cut into a new discovery of high-gra…
Western Canadian Coal fires up Wolverine
Vancouver — Western Canadian Coal (WTN-T, WXJXF-O, WTN-L) has brought its second open-pit coal operation, the Wolverine mine in northeastern British Columbia, into production….
London junior picks up Bibiani
London-listed junior Central African Gold (CAN-L) has struck a deal with AngloGold Ashanti (AU-N, AGD-L) to buy the Bibiani gold mine in Ghana, along with the Bibiani North exploration permit….
People (September 18, 2006)
Timberline Res. — Director Paul Dircksen appointed VP of exploration….