Companies and Markets - Page 1

Deals this week: Cleveland Mining, Avalon Minerals, African Copper and more
Friday, May 10, 2013 Cleveland Mining has entered into a Memorandum of Understanding (MoU) to acquire 80% of three iron ore projects in Brazil....

Deals this week: Nkwe Platinum, Segue Resources, Western Mining and more
Friday, May 03, 2013 Nkwe Platinum has entered into an agreement with China's Zijin Mining to develop the flagship Garatau...

Deals this week: Agnico-Eagle Mines, Focus Minerals, Zijin Mining and more
Friday, April 26, 2013 Agnico-Eagle Mines has entered into an agreement to acquire a 9.96% stake in Kootenay Silver, through making a $4.75m investment in a private...

Deals this week: Coeur d’Alene Mines, Geo Energy Resources, Gold Anomaly and more
Friday, April 19, 2013 Coeur d'Alene Mines has completed the acquisition of Orko Silver in a cash and stock...

Deals this week: Thor Mining, Southern Cross Goldfields, Ghana Gold and more
Friday, April 12, 2013 Thor Mining has announced that it has finalised the acquisition of a 26% stake in the Spring Hill gold project in Australia's Northern Territory, a decision which will increase the...

Deals this week: Nevada Copper, Santo Mining, Dominion Diamond and more
Friday, April 05, 2013 Nevada Copper has announced the closure of a $200m senior secured loan facility and copper concentrate off-take agreement with RK Mine Finance....

First Quantum Minerals seals Inmet takeover
Monday, March 25, 2013 First Quantum Minerals has ended a six month battle to takeover Vancouver-based Inmet Mining for C$5.1 billion...

Deals for the week: Arian Silver, Rockwell Diamonds, Steel Authority of India and more
Friday, March 22, 2013 Arian Silver has inked a provisional agreement with Sandy Hill to purchase a processing plant located close to Zacatecas City,...

Australia begins hearing on Doyles Creek Mining coal licence
Monday, March 18, 2013 A decision by former Australian Labor minister Ian Macdonald to issue a licence to Doyles Creek mining in 2008 was a financial disaster for the state of New South Wales, a corruption hearing...

Rio Tinto pays $11.6bn in taxes during 2012
Monday, March 18, 2013 Global mining company Rio Tinto made tax payments of $11.6bn across the countries in which it operates for...

Deals this week: Cape Lambart, Focus Minerals, Glencore and many more
Friday, March 15, 2013 Australia-based Cape Lambert Resources has appointed Deutsche Bank to offload its royalty rights in the Mayoko iron ore project for A$55m-A$114m...

Global miners seek collaboration with Coal India
Monday, March 11, 2013 Several coal mining majors, including Rio Tinto and Essel, are seeking greater role in a new public-private partnership (PPP) policy announced by the Indian...

Deals this week: Americas Diamond, Cavan Ventures and more
Friday, March 08, 2013 Diamond and precious metals exploration company Americas Diamond has completed the acquisition of a 100% stake in SUDAM Diamonds in consideration for the issuance of an aggregate of 1.2...

Xstrata, Glencore report declining profits for 2012, merger delay expected
Wednesday, March 06, 2013 Global miner Xstrata and commodities trader Glencore, just a month away from completing a merger deal, have reported falls in...

Deals this week: Western Pacific, Lara Exploration and more
Friday, March 01, 2013 Resource company Western Pacific signed an agreement to acquire the Deer Trail Mine in Piute County, Central Utah from the Deer Trail Mining Company, a subsidiary of Unico for $7m to be paid...

Ormet files for bankruptcy, sells business
Wednesday, February 27, 2013 American Aluminum producer Ormet Corporation has filed for bankruptcy and secured Debtor-in-Possession (DIP) financing from Wayzata Investment Partners and Wells Fargo to advance a proposed...

Inmet rejects $5bn hostile takeover bid by First Quantum
Wednesday, February 27, 2013 Canada-based Inmet Mining has again rejected a $5bn hostile takeover bid from First Quantum and recommended its shareholders refrain from accepting the...

Deals this week: Cupric Canyon, QRS Capital, Precipitate Gold and more
Friday, February 22, 2013 Cupric Canyon Capital, a private equity firm backed by Barclays Capital, has completed the acquisition of all of the issued and outstanding common shares of Canadian exploration and...

BHP boss to step down after profit slump
Wednesday, February 20, 2013 BHP Billiton chief executive Marius Kloppers will step down after the world's biggest miner recorded a 58% fall in profits in the second half of...

Deals this week: Coeur, Cleveland Mining, Eagle Mountain and more
Friday, February 15, 2013 US-based Coeur d'Alene Mines Corporation has submitted a proposal to acquire all of the issued and outstanding common shares of Canadian company Orko Silver for a total value of CAD$384m...