Peabody battle for Macarthur Coal turns ugly
Vancouver – First, Macarthur Coal (MCC-A) inked a friendly deal with to acquire Gloucester Coal (GCL-A), whi…
Australia, NZ & South Pacific
Two Australian miners spurn major takeover bids
Vancouver – Go big or don’t bother – that seems to be the message to any company thinking of bidding for an …
NZ gov’t proposes opening land to miners
New Zealand is facing a political divide on its government’s proposal to open up conservation land for mining.
Crocodile Gold unveils guidance and exploration program
Crocodile Gold (CRK-T, CROCF-O) plans to produce 120,000 oz. gold this year at a cash cost of US$650 per oz. a…
Allied Gold adds to PNG resources (March 10, 2010)
Allied Gold (ALG-T, ALD-A) has increased measured and indicated resources at its Simberi open pit project in P…
M&A deals in 2010 to outnumber 2009, says Fasken Martineau (March 05, 2010)
Last year Fasken Martineau advised on 78 M&A deals valued at about $8 billion and the head of the law firm…
Crocodile’s Cosmo-Howley gold project starts to grow
Vancouver – Crocodile Gold (CRK-T) is busy spending US$8.4 million exploring the extensive land package it a…
China plays preferred banker to miners at the dawn of the Asian Century
If anyone still doubts that the seismic shift of financial power from West to East is fully underway they need…
First Quantum Picks Up Ravensthorpe From BHP
BHP Billiton (BHP-N, BLT-L) suspended operations at its Ravensthorpe nickel project in Western Australia in January after nickel prices plunged in late 2008 and it encountered a series of operating an…
SouthGobi Sells Indonesian Coal Property
SouthGobi Energy Resources (SGQ-T) is selling its stake in the Mamahak coal project in Indonesia to focus on developing its coal assets in Mongolia, the company says. The news sent SouthGobi’s shares …
Philex Posts Maiden Resource On Bayugo
The Bayugo copper-gold prospect in northwestern Mindanao Island in the Philippines has its first resource estimate, Philex Gold (PGI-V) reports.
Investors Take Note Of East Asia’s Miwah
VANCOUVER — A steady stream of well-mineralized gold intercepts and promising sampling results propelled East Asia Minerals’ (EAS-V) share price up as much as 70% in the first two weeks of December.