Search

The article focuses on an analysis of mining conditions at Yukon. Topics discussed include acquisition of Kaminak Gold by Goldcorp in July 2016 for its Coffee gold project related to gold leaching in the region; possession of shares in White Gold by Kinross Gold in collaboration with Agnico Eagle related to the White Gold District; and consolidation of silver resources at Keno Silver District by Alexco for silver mining.

An interview with Glen Van Treek, president and chief executive officer (CEO) of gold and silver mining company Paramount Gold Nevada Corp., is presented. Topics discussed include the formation of Paramount after the acquisition of its parent company by precious metals mining company Coeur Mining Inc., Paramount's de-risking model, its Sleeper Gold Project development plans, and the core team that supports Treek's efforts, including chief financial officer Carlo Buffone.

The article offers global mining industry new briefs as of December 2013. Greater penetration rates in graphite may achieve using less pressure by Atlas Copeo wireline coring bits. Sale of Rockbreaker Boom by the Australia-based equipment vendor Crushing & Mining Equipment (CME) to B2Gold Corp., Namibia. Acquisition of ring motor business Alstom by the Power and automation technology group ABB Ltd. for development in the gearless mill drive (GMD) system business.

The article focuses on the challenges faced by the Nordic countries which include Norway, Sweden and Finland along with Greenland regarding the slowdown in exploration activity and also reflects on the development process. It reflects on issues that have arisen due to the challenges faced by the iron-ore sector and mentions that the World Steel Association has projected the crude steel production in 2013 at 789.8 million metric tons. It discusses the impact of the mergers and acquisitions. INSET: Thorium: Evaluating an Alternative Energy Resource.

The article offers mineral industry news briefs as of October 2013. Anglo American PLC and Northern Dynasty Minerals Ltd. have announced that Anglo American Pebble LLC is withdrawing from the Pebble copper-gold-molybdenum project in Alaska. The professional services firm PricewaterhouseCoopers LLP in its Deals in the Dumps report has reflected on the impact of volatility on the mining acquisition activities. Glencore Xstrata PLC has hosted an Investor Day to review the progress of its merger.

The article informs that Galena Mining Ltd. announces that Abra Mining Pty Limited ("AMPL"), the jointventure company for the Abra Base Metals Project has executed a Power Purchase Agreement with Contract Power Australia Pty Ltd., as of February 17, 2020.

An interview with Arun Viswanathan, senior equity analyst at Longbow Research, is presented. Viswanathan states his coverage of the metals and mining sector particularly the steel raw materials providers and steel mills. He mentions acquisitions and future deals including the sale of ThyssenKrupp's (TKA.DE) rolling mill in Alabama. Moreover, Viswanathan figures the investor interest and sentiment from 2003-2011.

The article focuses on the acquisition of U.S.-based Stillwater Mining by South Africa-based mining company, Sibanye Gold. Topics covered include the cost of the acquisition, impact of the acquisition on the platinum industry, performance of Sibanye and its gold mines and the funding secured by Sibanye for the transaction with the help of lead arranger Rand Merchant Bank.

The article focuses on Minas Gerais, which became the center of excellence for mining services and technology in the country. It says that state of Minas Gerais is the fourth largest state in Brazil that produces 48% of the nation's minerals output by value. It mentions that Tetra Tech Inc. entered the field of mining through the acquisition of Wardrop Engineering Inc. in 2009.

An interview with Brian Wesson, president and chief executive officer (CEO) of Woulfe Mining Corp., is presented. He provides an overview of the company's business which is related to metals and mining industry. He also notes the role of competitive landscape in his company as well as the consolidation which shapes the competition in the suppliers. He comments on the future plans of the business as well as its changes and transitions.

The article offers news briefs related to the developments in the mining industry. It mentions a possible merger between Xstrata Copper Chile SA and Glencore International PLC who are both headquartered in Switzerland and discusses the plan of Alcoa Inc. to close its worldwide smelting capacity and improve its production-cost position. It notes that Pan American Silver Corp. will acquire Minefinders by way of a plan of arrangement.

The article focuses on the doubling of the value of mergers and acquisitions (M&A) in 2018 for the mining industry as compared to the decline in 2017.

The article reports on the hostile takeover bid offered by Barrick Gold to acquire Newmont Mining. Topics discussed include the rejection of this offer by Newmont in addition to its intention to merge with Goldcorp, the financial advisers hired by Newmont to address the planned takeover, and the cost of corporate takeovers for the companies involved.

International mining companies that oppose the new mining code in the Democratic Republic of Congo (DRC) are a lot closer to resolving their outstanding issues than they were a year-ago, but work remains to be done, according to the chief executive officer of Canadian miner Barrick. [ABSTRACT FROM AUTHOR]

M2 Cobalt Corp and Jervois Mining Ltd are to merge in a deal that will complement the latter's ambitions in East Africa as part of its focus on the growing battery metals market. [ABSTRACT FROM AUTHOR]

The uncertainty caused by the current geopolitical climate may only be temporary, but it could affect activity in mergers and acquisitions (M&A) in metals and mining into 2019, according to a report by consultancy firm PwC. [ABSTRACT FROM AUTHOR]

The article offers world news briefs on developments in the mining industry. The World Gold Council (WGC) launched its "Conflict Free Gold" and "Chain of Custody" standards to fight finance armed conflict gold. BHP Billiton Ltd. recieved ministerial approval for its Jansen potash project Environmental Impact Statement (EIS) in Australia. Nyrstar NV announced its acquisition of Breakwater Resources Ltd. in Canada through a friendly cash buyout.

Chinese mining company Bosai Group has acquired 51% of Shandong Qixing Group's alumina refinery for 1.2billion yuan ($1.73 million), although the market does not expect any immediate relief to Chinese domestic alumina supply tightness, Fastmarkets understands. [ABSTRACT FROM AUTHOR]

Global mining and metals deal appetite could be poised for a rebound in the next 12 months, according to a report by consultancy group EY. [ABSTRACT FROM AUTHOR]

The article offers news briefs in the U.S. related to business. Businesses in the petroleum industry and trade have been looking at the offshore area in Ivory Coast, as the most promising exploration site in West Africa. Fred W. O'Green has been appointed by Litton Industries Inc. as its president and chief executive after the late Charles B. Thornton. A group of businessmen in Idaho has considered a three-week option to acquire the assets of Bunker Hill Co. of the Gulf Resources and Chemical Corp.

The article reports that Texas oilman T. Boone Pickens Jr.'s Ivanhoe Partners investment group has offered to buy 90 percent of the stock of Newmont Mining Corp. it does not own, for $5.7 billion. This is the first step in his struggle to gain control of the asset-rich gold and natural resources firm. His offer of $95 per share is twice the price obtained by Newmont for stock sold only two months ago. However, the price is close to the stock asset valuations of many analysts.

The article discusses the 1976 merger trend in the U.S. in which corporate buyers are inclined toward natural resource firms. It says that resource firms, such as those in oil, gas, and mining, are acquired in volume amidst the belief that resources will continue to be in limited supply. It tells that the focus on resource companies was started by oil price increases. It adds that the trend was part of the movement of acquiring solid companies with well-built balance sheets for other operations.

The article provides information on the mining companies that are in need for new investments in Chile. It mentions the country's mining companies that are in need of new investment, particularly the Codelco, which is considered as the country's top copper producer, along with its output of 1.66 million metric tons of copper. However, the first half of the 2008 has its negative trend due to the company's subcontractors and the country's industrial action. However, the merging of the mining firms, such as BHP Billiton, Rio Tinto, and Xstrata is considered as a threat to Codelco as the leading copper producer in the country.

The article reports on Australia-based mining company Rio Tinto Ltd. chief executive officer Tom Albanese's strategy foiling the $160 billion takeover bid from BHP Billiton and his rival Marius Klopper. Albanese explains that their strategy is powerful because it is consistent, consistently applied over years and decades.

The article offers global news briefs concerning the mineral industry. OceanGold Corp. has installed three Osutotec TankCell 300 flotation cells at its Macraes gold mine in New Zealand. Commodas Ltd. has unveiled its Commodas ConcSort optical sorter made available for the diamond mining industry. FLSmidth has acquired automatic pressure filter company Pneumapress Inc. for a disclosed deal of $18 million.

The article offers global news briefs concerning the mining industry. Victory Nickel has appointed Outotec Inc. to design a frac sand which will be used for nickel recovery at its Minago nickel deposit in Manitoba. A CyPlus CCS Cyanide Control System was bought by Dragon Mining Sweden AB for its operation Svartliden, Sweden. Metso Minerals has acquired the Lachine Main fabrication and machining facility of GE Energy in Montreal, Quebec.

The article offers information on some of the challenges encountered by the global mining industry. One of the challenges include delivering adequate volumes of metals and minerals at prices that will not fuel inflation and will result in profits into local and national host economies. During the last few years, the industry has been going through a consolidation phase. The supply response has been slow due to the long-term exploration and mining investment. Due to consolidation, a small number of companies control an increasing share of the industry, which has both positive and negative effects. The industry is stated to become more and more polarized due to mergers and acquisition (M&A) activity.

The article focuses on the development of the Los Filos gold project by Goldcorp Inc. in Mexico. It states that the company's acquisition of El Bermejal deposits has expanded the Los Filos project. Project general manager Tomás Iturriaga Hidalgo contends that the support given by the community and the recruitment of qualified personnel have contributed to the growth of the project. Moreover, Iturriaga adds that proper planning and acquisition of fleet equipment have ensured expansion of the project.

An interview with Robert Sibthorpe, technical director of Klondex Mines Ltd., is presented. In this interview, Sibthorpe provides a brief historical sketch of the company and a picture of the things he is doing right now. Sibthorpe sketches some of the scenario for the next few years and expresses some of his feelings about mergers and acquisitions, alliances and partnership. He also reveals the best reasons for the long-term investor to look very closely at Klondex.

The article reports developments in the global mining industries. Haulmax releases its new 120-metric tone 3775S haulage truck equipped with 570-kilo watt Caterpillar 3142 HUEI diesel engine with a chasis that integrates a twin dual wheel axle arrangement. Telsmith Inc. updated its Web site to provide greater convenience and an interactive communication between its customers. Industrea acquired Boart Longyear Australia Pty. Ltd.'s mining capital equipment division (MCE) for A$10.1 million.

The article offers news briefs related to the mining industries. Sandvik AB has developed a new strategy to deal with the modern mining and construction business. FLSmidth & Co. A/S has acquired the materials handling-related assets of RAHCO International Inc. in March 2007. Furthermore, Dyno Nobel Ltd. has signed an agreement to acquire a 50% stake in Sasol Dyno Nobel, a blast-initiation systems manufacturer.

Focuses on the actions being taken by mining companies to replace mined reserves and resources through acquisitions as highlighted at the 111th Northwest Mining Association meeting in Spokane, Washington. Decision of companies to re-examine gold, copper and other metals properties, partnering with a major company to develop them; Problems regarding the shortage of mining engineers; Environmental challenges for mining companies.

Presents an overview of the trends and status of the mining industry in Alaska in 2004. Total value of the Alaska mineral industry for 2004; Comparison of the exploration expenditures in 2003 and 2004; Location in the state where the largest projects were conducted; Acquisition of a percentage interest in the Arctic deposit of Rio Tinto by NovaGold.

The article focuses on the agreement of Congo's President Mobutu Sese Seko with Sociètè Gènèrale des Minèrals (S.G.M.) for the continued operation of the country's mines. Under the agreement, S.G.M. will take over the Union Minière operation, recruit non-African technical personnel and market the minerals Gecomin will handle the payment of wages to non-African workers. The move will enable S.G.M. to make 15 million dollars a year.

The article reports on the mining industry in Brazil. It mentions that Hanna Mining Co. has merged with St. John d'el Rey Mining Co. which is named Mineracaoes Brasileiras Reunidas (MBR). The merge is aroused by political obstacles particularly a court decree annulling its mining rights. Augusto Antunes, 51% owner of MBR, has unlocked the long-neglected natural resources in the country.

The article looks at Interntional Mining (IMC), a mining company turned conglomerate. The company started out as South American Gold, where it was gathering gold and platinum from river deltas all over Colombia, resulted to 2.5 million dollars in annual cash earnings. Since Lewis B. Harder and his associates purchased the company and rebranded it, IMC had diversified its business through purchase of companies like the marine terminal Canton Company and retail chain National Department Stores.

The article discusses developments in the global mining industry, particularly in the African Union, as of February 1962. It focuses on the operation of American Metal Climax, Inc. and Union Minière du Haut-Katanga. American Metal, which is headed by chairman Walter Hochschild, is planning to merge its two subsidiaries in Rhodesia, namely, Rhodesian Selection Trust and Roan Antelope Copper Mines.

The article discusses developments in the global mining sector, particularly in Chile, as of mid-September 1971. It focuses on the operation of U.S. firm Cerro Corp., which partnered with the Chilean government to develop the Rio Blanco copper mine in 1967. It cites the rumors that the Chilean government agreed to compensate Cerro for its investments to the mine following the country's takeover of the mining industry.

The article discusses the potential development of U.S. mining company Gulf Resources & Chemical, formerly famous as Gulf Sulphur, after the decision of Mexican government to force the company to close its mine in Mexico. Topics include comments from Robert H. Allen, who has been president of Gulf Resources since 1959, the acquisition of lithium compounds producer Lithium Corp. of America in 1967, and a chemical project in Salt Lake, Utah. Attention is paid to the Gulf's share prices in 1971.

The article looks at the 1967 merger between smelting and refining company Engelhard Industries and nonmetallic minerals producer Minerals & Chemicals Philipp, discussing the results of the deal as of June 15, 1969. Information is provided about the market value of the consolidated company, Engelhard Minerals & Chemicals, and its use of working capital. The business strategy of company executive Charles W. Engelhard, Jr. is also examined.