Bema investor against Kinross takeover
Vancouver — Bema Gold’s (BGO-T, BGO-N) second-largest shareholder, Tradewinds Global Investors, says it will oppose the US$3.1-billion takeover offer by Kinross Gold (K-T, KGC-N ) because it underval…
Russia and CIS
Editor’s Picks: Top stories of the week
The small club of global nickel miners was the top newsmaker during the week ended Feb. 2, 2007, with substantial d…
CGA to pick up Masbate from Thistle
CGA Mining (CGA-T, CGX-A) has entered a deal with Thistle Mining (THT-L) to take over the Masbate gold project in t…
Varvarinskoye resources inch up, reserves inch down
A new resource and reserve estimate made for European Minerals (EPM-T, EUM-L) on the Varvarinskoye gold-copper depo…
Jerooy in new hands (January 15, 2007)
The Kyrgyz government has issued a licence for development of the Jerooy gold deposit to a joint venture of state m…
Norilsk CEO held in prostitution ring
Often described as Russia’s most eligible bachelor, Norilsk Nickel (NILSY-O, MNOD-L) CEO Mikhail Prokhorov was amon…
Norilsk buys OMG’s nickel business
Cleveland-based OM Group (OMG-N) has decided to sell its nickel business for US$408 million to Russia’s Noril…
Kinross to buy Bema for $3.5B
Vancouver — Kinross Gold (K-T, KGC-N) is stepping up the pace of consolidation in the North American gold mining industry, launching a friendly $3.5-billion bid to acquire Bema Gold (BGO-T, BGO-N, BA…
Kinross to acquire Bema in $3.5-billion deal
Vancouver – Kinross Gold (K-T, KGC-N) is stepping up the pace of consolidation in the North American gold mining in…
Editorial: Russia tightening its grip on natural resources (October 30, 2006)
Foreign investors of time and money in Russia’s mining sector would do well to keep a close eye on the increasingly bullying stance the Russian government is taking towards foreign oil companies, beca…
Polyus Gold plans ambitious expansion
Anchorage, Alaska — Apparently at least one Russian oligarch isn’t too worried about being forced out of the country or arrested. Vladimir Potanin is so confident of his position that he’s hosting th…
AngloGold cements new Russian alliance (October 30, 2006)
AngloGold Ashanti (AU-N, AGD-L, ANANO-J) has concluded a deal with Russian gold producer Polymetal for a strategic alliance in gold exploration in the Russian Federation, which has left one London-lis…