Anglo gains Disputada for US$1.3 billion
Vancouver — Adding some muscle to its already-impressive base metals portfolio, London-based Anglo American (AAUK-Q) has agreed to buy Exxon Mobil’s (XOM-N) Chilean copper mining subsidiary for US$1….
Anglo American Platinum Limited
LionOre buys out Anglo’s Tati stake (May 13, 2002)
LionOre Mining International (LIM-T) has struck a US$75.9-million, all-cash deal to buy Anglo American’s (AAUK-Q) nickel interests in Botswana.The assets include a 43.35% stake in Tati Nickel Mining C…
Philex sees more signs of a second porphyry (May 06, 2002)
Vancouver — As impressive drill results keep rolling in from the Boyongan copper-gold prospect in the Philippines, reconnaissance drilling to the south continues to yield indicators of a second miner…
Amplats workers end strike
Striking workers at Anglo American Platinum’s base and precious metals refineries in Rustenburg, South Africa, have returned to work after a court ruled the strikes were illegal.This follows a ruling,…
Inmet, LionOre score WA discoveries
Inmet Mining (INM-T) has discovered a high-grade zinc-copper massive sulphide deposit in the Northeastern Goldfields region of Western Australia, the same area where LionOre Mining International (lim-…
US gold producers rise to the occasion
The Dow Jones Industrial Average had an anything-but-average week, shedding 2.7% to finish the March 20-26 period at just over 10,353 points. The Standard & Poor’s 500 was also down an equivalent perc…
Thundelarra sets sights on Western Australia
Exploration in Australia is at its lowest level in two decades, but this belies the country’s geological potential, Robert Champion de Crespigny told delegates attending the annual convention of the P…
Mixed results from metals producers
U.S. markets enjoyed a small boost over the March 13-19 report period, with the Dow Jones Industrial Average rising 2.9 points to finish at just over 10,635 and the Standard & Poor’s 500 adding 4.7 po…
Anglo boosts Amplats stake
The biggest news during the report period was Anglo American’s revelation that it had spent US$701 million last year increasing its stake in Anglo American Platinum to 59.6% from 50.1%. The strategic …
Anglo active at Boyongan (March 18, 2002)
Vancouver — Drilling at the Boyongan copper-gold prospect in the Philippines has returned impressive values for partners Anglo American (AAUK-Q) and Philex Gold (PGI-V).Hole 35 was drilled 80 metres …
Anaconda squeezes Sherritt’s earnings (March 18, 2002)
Aussie laterite nickel miner Anaconda Nickel, engaged in talks with bond holders amid fears it may default on a US$420-million bond series, announced a large half-year loss that was echoed on the book…
PNWC active at River Valley
Sudbury, Ont. — With support from Anglo American Platinum, its joint-venture partner, Pacific North West Capital (PFN-T) is endeavouring to double the resource at the River Valley platinum group meta…