Analysts question Iberian’s move
Iberian Minerals (IZN-V) has agreed to allow Trafigura Beheer, its largest shareholder, to acquire all of its shares that it doesn’t already own for $1.10 apiece in cash, causing some analysts to question the bid.
Europe
Bulgarian government gives the nod to DPM
The wait is over as Dundee Precious Metals (DPM-T) finally secured an approval on its environmental impact assessment (EIA) for its Krumovgrad Gold project in Bulgaria.
De Beers sale to shake up industry
Anglo American’s (AAL-L) agreement to pay $5.1 billion in cash for the Oppenheimer family’s 40% stake in De Beers will have a profound impact on the diamond industry, executives and analysts say.
Fronteer spin-off Pilot Gold busy with the drill
Vancouver – Just six months into its new corporate life, Vancouver-based gold explorer Pilot Gold (PLG-T) has already drilled 60,000 metres at nine projects on two continents.
Poland’s KGHM seeks new acquisitions
With mining stocks falling, it is little wonder that talk of mergers and acquisitions has picked up. Unfortunately for most junior mining companies, much of the talk has remained just that – talk.
Gabriel gathers new momentum at Rosia Montana
The trials and tribulations of Gabriel Resources (GBU-T) and its Rosia Montana gold project in Romania’s Transylvania region have been well-documented in these pages since the late 1990s.
Poland’s KGHM seeking new acquisitions in the Americas
With mining stocks falling to cheaper levels on almost a daily basis, it is little wonder that talk of M&A activity has been picking up. Unfortunately for most junior mining companies, much of the talk has remained just that… talk.
Precious Metals Summit re-cap part II: Gabriel gathers mommentum
The trials and tribulations of Gabriel Resources (GBU-T) and its Rosia Montana project have been well documented over the years. Indeed tapping the incredible mineral wealth of the project has been a cumbersome process for the company as NGO’s…
Lombador I shines for Lundin in Portugal
A feasibility study looking at developing the upper portions of the rich Lombador zinc-copper orebodies at Neves-Corvo in Portugal has shown that it would be a “profitable and value accretive extension” to the mine, Lundin Mining (LUN-T)…
Lundin completes feasibility study on Lombador I
A feasibility study looking at developing the upper portions of the Lombador ore bodies at Neves-Corvo in Portugal has shown that it would be a “profitable and value accretive extension” to the mine, Lundin Mining (LUN-T) reported yesterday….
Barrick buys 9% of Carpathian Gold for $20M
Carpathian Gold (CPN-T) has received a big credibility boost from Barrick Gold (ABX-T, ABX-N), after the miner agreed to purchase $20-million worth of the junior’s shares for an approximate 9% interest.
Greece approves European Goldfields’ EIS
It has taken five years, but Greece has finally approved European Goldfields’ (EGU-T, EGU-L) environmental impact study on its Greek assets.