Griffin Pursues Bargain-Priced Ivernia
Ivernia (IVW-T, IVWFF-O) might not strike many as a great catch. Its Magellan lead mine in Western Australia has been on care and maintenance since March 2007, after birds in the port of Esperance sta…
Australia, NZ & South Pacific
ATW pours gold at Burnakura
Vancouver – ATW Gold (ATW-V) has poured the first gold at its new underground Burnakura gold mine in Western Aust…
Troy buys Intrepid’s Casposo for US$22 million
Vancouver – Two operating mines is not enough for Troy Resources (TRY-T) – the company is spending US$22 million …
Griffin Mining makes unsolicited takeover offer for Ivernia
Ivernia (IVW-T, IVWFF-0) might not look like a great catch to a lot of people. Its lead mine in Western Australia…
Rio-Chinalco deal clears its first hurdle
Australia’s competition regulators aren’t objecting to a US$19.5 billion investment in Rio Tinto (RTP-N, RIO-l) fro…
Macarthur’s $100M Payday Disappears
VANCOUVER –It seemed too good to be true and it was: Macarthur Minerals( MMS-V, MMSDF-O) fell 45% on news that a $100-million deal for its Lake Giles iron ore deposit in Western Australia fell throug…
New Gold to merge with Western Goldfields
New Gold (NGD-T) and Western Goldfields (WGI-T) are joining forces to create a diversified gold production base fro…
MacArthur’s $100-million pay day disappears
Vancouver – It seemed too good to be true and it was: MacArthur Minerals (MMS-V) fell 45% on news that a $100-mil…
Ivernia To Resume Lead Shipments After Bird Deaths
Having established a safe shipping method, the government of Western Australia has approved a plan by Ivernia (IVW-T, IVWFF-O) to resume the shipment of stockpiled lead concentrate from the port of Es…
China Inc. Steps Up Foreign Acquisitions
China’s state-owned companies are ratcheting up their acquisitions of struggling mining companies that have been hit by the financial crisis and poor metal prices.
Chinalco Pumps US$19.5B Into Rio Tinto
China’s largest aluminum producer will invest US$19.5 billion in Rio Tinto (RTP-N, RIO-L) through joint ventures and convertible debt in a deal that will help the Anglo-Australian mining giant pay dow…
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…