Companies and Markets - Page 1

Glencore may pay double premium for Xstrata merger
Thursday, February 09, 2012 Glencore International may need to double the premium it agreed to pay the owners of Xstrata, to complete the mining industry’s biggest...

Thiess wins $1bn mining contract for South Australian project
Wednesday, February 08, 2012 Thiess, a wholly owned subsidiary of Leighton Holdings, has received a $1bn mining contract from OZ Minerals to extend mining operations at its Prominent Hill Copper and Gold Mine in South...

Downer EDI wins mining services contract in Australia
Tuesday, February 07, 2012 Engineering firm Downer EDI Limited has received a contract to provide mining services for Karara Iron Ore Project in Western...

Rio Tinto report shows potential of automation in mining
Tuesday, February 07, 2012 A new research report commissioned by Rio Tinto has outlined the benefits and costs of autonomous technology in the mining...

Claude Resources completes acquisition of St. Eugene Mining
Monday, February 06, 2012 Canadian gold exploration and mining company Claude Resources has completed the acquisition of St. Eugene Mining...

Glencore to offer 8% premium for Xstrata merger deal
Monday, February 06, 2012 Commodities trader Glencore is set to pay a larger premium than expected to finalise its proposed $88bn merger with global miner...

Deals this week: BHP Billiton, Claude Resources and more….
Friday, February 03, 2012 BHP Billiton has completed its acquisition of the HWE Mining subsidiaries from Leighton...

Glencore Xstrata deal could create mining super giant
Friday, February 03, 2012 Glencore, the world's biggest commodities trader, is in talks to buy Swiss mining giant Xstrata in a move that could create a mining group worth...

Deals this week: Global Advanced Metals, Dalradian Resources, Bear Mining Corp and more….
Friday, January 27, 2012 Global Advanced Metals (GAM) has completed its $400m acquisition of the tantalum processing arm of Cabot Corp, which was first announced in August...

Deals this week: Rio Tinto, Ferrous Resources, Glencore and more…
Friday, January 20, 2012 Global miner Rio Tinto is free to take control of Ivanhoe Mines, after Ivanhoe recommended scrapping its shareholder rights...

Finning acquires Caterpillar distribution business unit
Friday, January 20, 2012 Finning International has reached an agreement with Caterpillar to acquire part of its distribution and support business functions for...

Deals this week: Codelco, Eurasian Natural Resources, Xinergy and more...
Friday, January 06, 2012 Codelco has exercised an option to purchase a 49% equity interest in Anglo American's mining assets in south Chile for...

Deals this week: Caterpillar, Shandong Gold, Hecla Mining and more...
Friday, December 16, 2011 US-based heavy machinery maker Caterpillar will sell part of its Bucyrus distribution business for about $360m to the industrial division of Malaysia's Sime...

Rio Tinto wins arbitration ruling against Ivanhoe Mines
Thursday, December 15, 2011 Rio Tinto has won an arbitration ruling against Ivanhoe Mines, which took a poison pill defence to prevent an unwanted...

Deals this week: Vedanta Resources, Kalahari Minerals, Zhong Zhu Holding and more
Friday, December 09, 2011 Diversified mining company Vedanta Resources has completed the acquisition of a majority stake in Cairn India for a total value of...

REM shortage to 'seriously' affect manufacturing industry
Friday, December 09, 2011 The shortage of minerals and metals is expected to affect seven core manufacturing industries and disrupt the entire supply chain, according to a new research report by...

Atacama Minerals to raise funds in private placement
Monday, December 05, 2011 Atacama Minerals Corp has signed an agreement with a syndicate of underwriters led by Cormark Securities to raise $50m in private placement...

Rio Tinto wins bid to acquire Hathor Exploration
Monday, December 05, 2011 Rio Tinto has won a 70.21% stake in uranium exploration company Hathor Exploration, based in Vancouver, Canada, for a total sum of $A627m...

Deals this week: BHP Billiton, Rio Tinto, Glencore and more
Friday, December 02, 2011 BHP Billiton plans to sell all or part of its diamond assets, which include the Ekati mine in Northern...

Deals This Week: MMK, Mitsubishi, PTBA and more...
Friday, November 25, 2011 Magnitogorsk Iron & Steel Works (MMK) has made an offer to acquire all the shares of Australian firm Flinders Mines for A$554m...