Update: Barrick waives minimum tender condition in NovaGold bid
Vancouver – Barrick Gold (ABX-T, ABX-N) has waived the 50.1% minimum tender condition in its US$16.00-per-share bid…
Barrick Gold Corporation
Barrick extends NovaGold bid with 22.5% tendered
Vancouver – With about 20.6 million shares of NovaGold Resources (NG-T, NG-X) deposited under Barrick Gold’s (ABX-T…
Kinross to acquire Bema in $3.5-billion deal
Vancouver – Kinross Gold (K-T, KGC-N) is stepping up the pace of consolidation in the North American gold mining in…
Barrick boosts NovaGold bid
Vancouver — Barrick Gold (ABX-T, ABX-N) has increased and extended its takeover bid for NovaGold Resources (ng-t, ng-x), now offering US$16.00 per share until Nov. 7.
Barrick’s profits up
Barrick Gold (ABX-T, ABX-N) reported substantially higher third quarter profits of US$405 million (US$0.46 per shar…
Update: NovaGold urges rejection of Barrick’s sweetened offer
Vancouver After reviewing Barrick Gold’s (ABX-T, ABX-N) revised US$16.00 per share bid, NovaGold Resources (NG-T,…
Anglo investing US$25 million in Nautilus
Vancouver – Nautilus Minerals (NUS-V, NUSMF-O) plans a US$68.5-million financing and has lined up mining giant Angl…
Midway drilling pushes Spring Valley north
Vancouver — Drilling by Midway Gold (MDW-V, MDWGF-O) on the North Hill target at its Spring Valley project in northwestern Nevada has hit a new zone of gold mineralization.
Laramide tables La Jara Mesa uranium resource (October 30, 2006)
Vancouver — Uranium-focused explorer Laramide Resources (LAM-T, LMRXF-O) has delivered a resource estimate for its La Jara Mesa project located in the Grant’s mineral district of southern New Mexico.
St Andrew buys Holloway assets from Newmont
St Andrew Goldfields (SAS-T, SASXF-O) has agreed to buy subsidiary Holloway Mining from Newmont Mining (NMC-T, NEM-N), moving the Holloway and Holt-McDermott mines and a large land package into the St…
Buffalo Gold cuts more Mount Kare high-grade
Vancouver — Buffalo Gold’s (BUF.U-V, BYBUF-O) Mount Kare project in Papua New Guinea continues to deliver wide, high-grade gold intercepts in the latest drilling on the North-Western Roscoelite zone …
Editorial: Russia tightening its grip on natural resources (October 30, 2006)
Foreign investors of time and money in Russia’s mining sector would do well to keep a close eye on the increasingly bullying stance the Russian government is taking towards foreign oil companies, beca…