Yemen Looks For Share Of Mining Spotlight
Exploration companies looking for the next big find have seldom thought to look in the Middle Eastern country of Yemen.
Asia
Silvercorp raises $31m, eyes potential China acquisitions
Having closed a $31 million private placement, Silvercorp Metals (SVM-T, SVM-X), a silver miner focused on China,…
Khan Resources gets positive feasibility on Dornod uranium project in Mongolia
A definitive feasibility study on Khan Resources’ (KRI-T) Dornod uranium project in Mongolia estimates an after-tax…
Copper Fox and Lions Gate Metals consider merger
Vancouver – Copper Fox Metals (CUU-V) and Lions Gate Metals (LGM-V) have signed a letter of intent to merge …
Yemen seeks to gain its share of the mining spotlight
Exploration companies looking for the next big find have seldom thought to look in the Middle Eastern country of Ye…
Japanese state-owned company to finance Platinum Group Metals
The global economic rout is sending more and more mining companies on a hunt for long-term mining investments from …
Mongolia’s cabinet endorses in principle Oyu Tolgoi draft agreement
Shares of Ivanhoe Mines (IVN-T, IVN-q) rose 2% or 11¢ to $5.99 apiece in mid-morning trading following news th…
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…
Japanese Consortium Buys Into Uranium One
Uranium One (UUU-T, SXRZF-O) will raise $270 million through a private placement with a Japanese consortium made up of Tokyo Electric Power Co., Toshiba Corp., and the Japan Bank for International Coo…
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…
Rio Tinto enters strategic partnership with Chinalco
China’s largest aluminum producer will invest US$19.5 billion in Rio Tinto (RTP-N, RIO-L) through joint ventures an…