Inco on the brink-o (September 05, 2006)
Just a week after officially shunning Companhia Vale do Rio Doce (CVRD) (RIO-N) in favour of Phelps Dodge )PD-N…
Regulatory Issues
QGX weathering Mongolia’s tax storm (September 04, 2006)
It takes a lot of blood, sweat and tears to develop a deposit in a young democracy. Sometimes the work gets rewarded; other times, the rug gets pulled out just when things are coming into alignment….
Cumberland gets Nunavut approval for Meadowbank (August 31, 2006)
Vancouver – A two-and-a-half-year public review process is finally over for Cumberland Resources (CLG-T, CLG-X) now…
Inco sticks with Phelps
Snubbed in its second attempt at talking a hostile bidder into sweetening its bid, takeover target Inco (N-T, N-N) …
Kensington tailings on hold
The U.S. Ninth Circuit Court of Appeals in San Francisco has issued a temporary injunction halting construction act…
Phelps bid faces further scrutiny
Investment Canada has extended by 30 days its review of Phelps Dodge’s (PD-N) proposed acquisition of Inco (N-T, N-…
Ashton gives Stornoway the brush-off, looks to OSC
The board at Ashton Mining of Canada (ACA-T) has rejected the takeover bid for the company made by Stornoway Diamon…
Court backs Shahuindo arbitration
The Civil Court of Lima has issued an injunction ordering Minera Algamarca and Exploraciones Algamarca to return the Shahuindo silver-gold mining concession in Peru to Sulliden Resources (SUE-T, EXSDF…
Vietnam rising
It has been 20 years since Vietnam decided to loosen its totalitarian grip on the economy and open its arms to foreign investment. The policy change was dubbed “Doi Moi,” or “Renovation” in 1986, and…
Mega Uranium bets on change in Aussie ‘no new mines’ policy
Toronto-based Mega Uranium (MGA-V, MGAFF-O) is betting a 22-year ban on uranium mine development in Australia will eventually be revoked, paving the way for the junior company to develop its growing l…
Alcan to invest US$1.8B in Kitimat
A proposal by Alcan (AL-T, AL-N) to invest US$1.8 billion on a modernization program at its aluminum smelter in Kitimat, B.C., is getting a cool reception from community leaders who believe the compan…
Newmont’s Uzbek joint venture declared bankrupt
The Uzbek Navoi Economic Court has imposed “supervisory measures” and installed a temporary administrator as part o…