Newcrest still most likely to acquire Lihir
Despite Lihir Gold’s (LGG-T, LGL-T, LIHR-N) rejection of Newcrest Mining’s (NCM-A) offer on April 1, the poten…
Australia, NZ & South Pacific
La Mancha pours first gold at While Foil mine in Australia
La Mancha Resources (LMA-T) poured its first gold dore bar from its 100%-owned White Foil mine near Kalgoorlie…
Peabody battle for Macarthur Coal turns ugly
Vancouver – First, Macarthur Coal (MCC-A) inked a friendly deal with to acquire Gloucester Coal (GCL-A), whi…
Two Australian miners spurn major takeover bids
Vancouver – Go big or don’t bother – that seems to be the message to any company thinking of bidding for an …
NZ gov’t proposes opening land to miners
New Zealand is facing a political divide on its government’s proposal to open up conservation land for mining.
Crocodile Gold unveils guidance and exploration program
Crocodile Gold (CRK-T, CROCF-O) plans to produce 120,000 oz. gold this year at a cash cost of US$650 per oz. a…
Allied Gold adds to PNG resources (March 10, 2010)
Allied Gold (ALG-T, ALD-A) has increased measured and indicated resources at its Simberi open pit project in P…
M&A deals in 2010 to outnumber 2009, says Fasken Martineau (March 05, 2010)
Last year Fasken Martineau advised on 78 M&A deals valued at about $8 billion and the head of the law firm…
Crocodile’s Cosmo-Howley gold project starts to grow
Vancouver – Crocodile Gold (CRK-T) is busy spending US$8.4 million exploring the extensive land package it a…
China plays preferred banker to miners at the dawn of the Asian Century
If anyone still doubts that the seismic shift of financial power from West to East is fully underway they need…
First Quantum Picks Up Ravensthorpe From BHP
BHP Billiton (BHP-N, BLT-L) suspended operations at its Ravensthorpe nickel project in Western Australia in January after nickel prices plunged in late 2008 and it encountered a series of operating an…
SouthGobi Sells Indonesian Coal Property
SouthGobi Energy Resources (SGQ-T) is selling its stake in the Mamahak coal project in Indonesia to focus on developing its coal assets in Mongolia, the company says. The news sent SouthGobi’s shares …