Error in financial statements sends TVI down
TVI Pacific (TVI-T) says investors shouldnt rely on its financial information from 2005, 2006 or the first quarter…
Australia, NZ & South Pacific
UPDATE: Communists turn up heat on Philippine mining industry
*analyst comments added in graphs 6,7 and 8.The Communist Party of the Philippines (CPP) says things may get vi…
Gem Diamonds bids for Kimberley (July 30, 2007)
Up-and-comer Gem Diamonds (GEMD-L) of the U.K. has tabled a friendly A70-per-share cash offer for Perth-based Kimberley Diamond Co. (KDC-L, KIM-A), valuing the Aussie junior producer at A$300-million…
Nautilus gets sinking feeling
Vancouver — Shares of aspiring seafloor miner Nautilus Minerals (NUS-V, NUSMF-O, NUS-L) slipped to a several-month low recently following news that a works contract with its tentative development par…
Pallinghurst brings new offer for Consmin (July 30, 2007)
What started as a large private-equity investment has at last turned into a takeover battle for Consolidated Minerals (CSMBF-O, CNM-L, CSM-A), with the board of the Australian chrome and manganese pro…
Alcan introduces white knight (July 23, 2007)
Rio Tinto (RTP-N, RIO-L, RIO-A) has entered the lists as a friendly bidder for Alcan (AL-T, AL-N), in a deal that values the Montreal-based aluminum producer at $40 billion and knocks Alcoa (AA-N) out…
Pallinghurst brings new offer for Consmin (July 20, 2007)
The board of Australian manganese and chrome producer Consolidated Minerals (CNM-L, CSM-A) has recommended a revise…
OceanaGold Funds project through TSX
OceanaGold (OGC-T, OGC-A) has completed a $90-million initial public offering on the Toronto Stock Exchange with net proceeds going towards the development of the Didipio gold-copper project in northe…
Wrench thrown in Pallinghurst-Consmin deal
Australian metal producer Consolidated Minerals (CSMBF-O, CNM-L, CSM-A) now has a rival suitor, of a sort.
Moly Mines rallies on pending feasibility study
Vancouver – News of the imminent release of a final feasibility study for its Spinifex Ridge molybdenum-copper proj…
Nautilus hits massive sulphides in sea floor
Vancouver – Significant massive sulphide intercepts are helping Nautilus Minerals (NUS-V) regain some ground lost e…
Nautilus development partner bows out
Vancouver – Shares of aspiring sea-floor miner Nautilus Minerals (NUS-V, NUSMF-O, NUS-L) slipped to a several-month…