China Inc. steps up foreign acquisitions; bids for Oz Minerals
China’s state-owned companies are ratcheting up their acquisitions of struggling mining companies that have been hi…
Copper
Exeter Cuts Lengthy Low-Grade Gold At Caspiche
Exeter Resource( XRC-V, XRA-X) has reported drilling results from its Caspiche gold-copper and Cerro Moro gold-silver projects, in South America.
Bidding War Erupts For Frontera Copper
A bidding war is emerging for Frontera Copper (FCC-T, FRCPF-O) that is pitting the Invecture Group against Southern Copper Corp. (PCU-N).
Quadra Mining buys Centenario Copper
Vancouver – Patience has paid off for Quadra Mining (QUA-T). The Vancouver-based company has been quietly stockpi…
Capstone upgrades Kutcho resource estimate
Vancouver – Every little bit of grade helps at current copper prices.
Rio Tinto enters strategic partnership with Chinalco
China’s largest aluminum producer will invest US$19.5 billion in Rio Tinto (RTP-N, RIO-L) through joint ventures an…
TSX to determine Minera Andes’ fate as producer asks to issue 121 million shares
Vancouver – A few months ago, it seemed like Minera Andes (MAI-T) had it all: a 49% stake in a producing gold-sil…
Cadiscor and Tiomin combine to form new company
The proposed merger of Cadiscor Resources (CAO-V, CADRF-O) and Tiomin Resources (TIO-T) will create a new company t…
Tiger finding high-grade copper in the DRC
Vancouver – The mineral wealth of the Democratic Republic of Congo (DRC) is far from tapped, if Tiger Resources’ …
Volta defines initial copper-gold resource in Burkina Faso
Vancouver – A few days after its joint-venture partner returned full ownership of the Gaoua copper-gold property …
Update:Bidding war heats up for Frontera Copper
A bidding war is emerging for Frontera Copper Corp. (FCC-T, FRCPF-O) that is pitting the Invecture Group against So…
Freeport Defends Phelps Takeover After US$13B Writedown
VANCOUVER — Impairment and goodwill charges primarily related to Freeport-McMoRan Copper & Gold’s (FCX-N) acquisition of Phelps Dodge in March 2007 have come back to haunt it with a US$13.9-billi…