Editorial: Teck finesses another takeover
It was yet another period of intense merger and acquisition activity in the mining sector during the week ended July 7, the 27th trading week of 2007 and the beginning of the third quarter.
South America
Latin carats in one basket
Vancouver — Subscribing to the philosophy “bigger is better,” emerging diamond producer Vaaldiam Resources (VAA-T, VAAFF-O) has announced plans to merge with Australian company Elkedra Diamonds (EDN-…
UN project takes aim at artisanal miners’ mercury use
It’s no easy task convincing the millions of artisanal gold miners across the globe that mercury, a substance they …
Yamana hoping three’s company
Analysts see merit in a plan Yamana Gold (YRI-T, AUY-N, YAU-L) has hatched with Northern Orion Resources (NNO-T, NTO-A) to merge and take over Meridian Gold (MNG-T, MDG-N). But whether the new company…
Teck Cominco to absorb Aur in $4.1B cash-and-stock offer
Vancouver — Looking to boost its copper production and reserves, Teck Cominco (TCK.B-T, TCK-N) has tabled a friendly $41.00-per-share bid for fellow Canadian base metals miner Aur Resources (AUR-T, A…
1,266-carat diamond haul for Diagem (July 05, 2007)
Vancouver – Pilot-plant processing of 7,388 cubic metres of weathered kimberlite at Diagem’s (DGM-V, DGMRF-O) Colli…
Vaaldiam, Elkedra and Great Western Diamond eye Brazilian three-way
Vancouver – Subscribing to the philosophy ‘bigger is better’, emerging diamond producer Vaaldiam Resources (VAA-T, …
Teck Cominco to absorb Aur in $4.1-billion bid
Vancouver – Looking to boost its copper production and reserves, Teck Cominco (TCK.B-T, TCK-N) has tabled a friendl…
Coeur finishes Bolnisi-Palmarejo investigation (July 03, 2007)
The merger of Coeur d’Alene Mines (CDE-N, CDM-T), Bolnisi Gold (BSG-A) and Palmarejo Silver and Gold (PJO-V) is sch…
Breakwater reserves up 50% at El Toqui (July 02, 2007)
Breakwater Resources’ (BWR-T, BWLRF-O) latest reserve increase for its El Toqui zinc project has given the company the confidence to initiate a prefeasibility study for a 1-million-tonne-per-year mill…
Aquiline keeps hitting high-grade silver at Navidad (July 02, 2007)
Vancouver — Aquiline Resources (AQI-T, AQLNF-O) is riding a wave of good news. Two weeks after the British Columbia Court of Appeal upheld the decision awarding it ownership of the desirable Navidad …
Luna running with Piaba
Vancouver — Luna Gold (LGC-V, LGCU-O) has only held the Piaba gold project in Brazil for half a year, but the company is moving the site forward as quickly as possible, aiming for production by early…