Volume 98 Number 8 Apr 9 - 15, 2012





Class actions now in session

The numbers are sobering: A $4-billion class-action lawsuit against Kinross Gold (K-T, KGC-N), a $1-billion claim against Baffinland Iron Mines, a $250-million claim against Agnico-Eagle Mines (AEM-T, AEM-N), a $66-million claim against Eastern…


Ivanhoe to sell SouthGobi stake to Chalco

Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) says it will sell its stake in Mongolian coal producer SouthGobi Resources (SGQ-T) to Aluminum Corporation of China (Chalco) and use the proceeds to fund development of its large Oyu Tolgoi copper-gold mine…






Correction

In the story “Malaga sitting pretty as tungsten prices soar” (TNM, March 12–18/12), incorrect tungsten units were used.



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