Gallery applauds Iamgold offer
Shareholders of Aussie gold producer Gallery Gold (GLYGF-O, GGN-A) have approved a $267-million takeover bid by Iam…
Australia, NZ & South Pacific
Newmont net earnings drop 27% in 2005 (February 27, 2006)
Vancouver – Strong bullion prices helped offset some higher mine operating costs for Newmont Mining (NMC-T, NEM-N) …
Blockade shuts down Freeport’s Grasberg mine
Vancouver – A large group of protesters, some toting weapons, effectively shut down operations at Freeport-McMoRan …
Brilliant to acquire 25% of Aussie nickel mine
Vancouver – Expanding its roots into Australia, Brilliant Mining (BMC-V) plans on acquiring a 25% interest in the K…
LionOre to go ahead with Maggie Hays expansion (January 18, 2006)
Suits at LionOre Mining International (LIM-T, LIM-A, LOR-L) have given final approval for the Maggie Hays Upgrade p…
Falconbridge fends off Eramet at Koniambo
The French government has ruled that partners Falconbridge (FAL.LV-T, FAL-N) and Societe Miniere du Sud Pacifique (…
Falco ponies up for Koniambo
With a yearend deadline looming ever larger, Falconbridge (FAL.LV-T, FAL-N) has agreed to solely finance developmen…
NuStar lines up for Intrepid (December 14, 2005)
Australian gold producer NuStar Mining (NMC-A) will gain an exploration arm and a Canadian listing through a merger…
Rio Tinto going deep on Argyle mine (December 13, 2005)
Vancouver – The much delayed decision by Rio Tinto (RTP-N) on whether to transition its Argyle open pit diamond min…
BHP Billiton takes kick at Agata nickel
Vancouver – Surigao joint venture partners Mindoro Resources (MIO-V, MNODF-O) and Panoro Minerals (PML-V, POROF-O) …
Aflease, Southern Cross shareholders approve merger
Shareholders of Aflease Gold and Uranium Resources (AFLUY-Q, AFL-J) and Southern Cross Resources (SXR-T) have appro…
Felderhof trial stalls … again
The long trial of John Felderhof, Bre-X’s former chief geologist, continued on Wednesday with the prosecution’s cro…