Mongolia drops tax bombshell
Vancouver — From left field, and late on a Friday night, Mongolia’s parliament shocked Western mineral explorers by passing a windfall profit tax, which calls for a 68% levy on copper and gold operat…
Asia
Mongolia drops a bombshell with new mining tax
Vancouver – From left field and late on a Friday night, Mongolia’s Parliament shocked western mineral explorers by …
Antofagasta gets Tethyan (May 15, 2006)
Shareholders of Tethyan Copper (TYCFF-O, TYC-A) have tendered about 96% of their shares to a takeover offer from Antofagasta (ANFGY-O, ANTO-L) that closed Friday….
Maxy Gold selling Niukong to Chinese group (May 15, 2006)
Vancouver — China-focused junior explorer Maxy Gold (MXD-V) is offloading its Niukong gold project, part of the Luchun joint venture in southern Yunnan province, to a private Hong Kong-based mining g…
Continental to take over Great China (May 08, 2006)
A friendly deal to take over Great China Mining (GCHA-O) will see Hunter-Dickinson company Continental Minerals (KMK-V, KMKCF-O) trade one of its shares for 8.7843 Great China shares. The bid, under w…
Eldorado bleeds US$7.5 million in Q1
Vancouver – During its transition phase of winding down one mine and bringing two others into production, Eldorado …
Inco strengthens Chinese steel ties
Inco (N-T, N-N) will begin building a US$63-million nickel refinery in China’s Liaoning province in the third quart…
Maxy Gold selling Niukong to Chinese group (May 05, 2006)
Vancouver – China-focused junior explorer Maxy Gold (MXD-V) is offloading its Niukong gold project, part of the Luc…
Antofagasta gets Tethyan (April 28, 2006)
Shareholders of Tethyan Copper (TYCFF-O, TYC-A) have tendered about 96% of their shares to a takeover offer fro…
Ivanhoe swaps coal assets for bigger stake in Asia Gold
Vancouver – In a related party transaction, Ivanhoe Mines (IVN-T, IVN-N) has agreed to vend its coal division into…
Western Prospector files defence to lawsuit over Mongolian assets
Vancouver — Western Prospector Group (WNP-V) has filed a statement of defence in response to a lawsuit filed against the company and one of its directors by Maximum Ventures (MVI.H-V, MXRVF-O) allegi…
Continental to take over Great China (April 13, 2006)
A friendly deal to take over Great China Mining (GCHA-O) will see Hunter-Dickinson company Continental Minerals (KM…