VANCOUVER – The merged Glencore Xstrata PLC (GLEN-L) was supposed to bear a board with directors from both predecessor companies, part of the attempt to portray the deal as a merger of equals instead of a takeover of Xstrata.
The recently merged Glencore Xstrata (GLEN-L) plans to have a leaner corporate structure, but its first resource estimate shows it will still be hefty in terms of minerals in the ground. And while the new company will be mostly guided…
VANCOUVER — It was not always a smooth process and it took a year to gel, but Glencore International has completed its US$29-billion takeover of Xstrata, with the merged company trading as Glencore Xstrata (GLEN-L) and boasting a…
Falco Pacific Resource Group (FPC-V) secured the jewel of Canada’s mining history just as markets tightened. But rather than let the conditions get it down, the company wound up proving that necessity is indeed the mother of invention…
PORT MORESBY, PAPUA NEW GUINEA — Rising out of the sea at the collision of the Pacific and Indo-Australian tectonic plates, Papua New Guinea is the stuff of legend for both its geological potential and punishing working environment.
Over the last 40 years, Klaus Zeitler has financed, built and managed base metal and gold mines in Europe, Africa, North and South America and the Pacific.
Antofagasta Gold (AN-V), which recently changed its name from Windamere Ventures, says initial drilling at its Capricornio property in Chile confirms it has made a regional-scale, low-sulphidation epithermal gold discovery.
VANCOUVER — With 10 drill holes, McEwen Mining (MUX-T, MUX-N) has boosted the copper resource at its Los Azules project in Argentina by 20% compared to the last estimate just eight months ago, and the huge deposit remains open in every…
Mine workers at Anglo American Platinum (Amplats) (AGPPY-O) are going back to work, putting to rest a series of wildcat strikes that all but crippled South Africa’s platinum-mining industry.
Mine workers at Anglo American Platinum (Amplats) are going back to work, putting to rest a series of wildcat strikes that all but crippled the South Africa’s platinum mining industry.
Scott McLean and Kevin Stevens were part of a four-man team at Falconbridge that discovered the high-grade Nickel Rim South deposit in Sudbury, Ont., in 2001.
After the financial crisis derailed the Didipio copper-gold project in 2008 and OceanaGold (OGC-T, OGC-A) was forced to put the Southeast Asian project on care and maintenance, the company says it expects to start commissioning within the next…
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