May 7, 2015 Harper takeover rules boon for Canadian resource firms Energy and mining industries, hammered by a commodity slump, are poised to be the biggest beneficiaries of looser Canadian foreign-takeover rules.
May 6, 2015 Iron ore price blasts past $60 Steelmaking raw material now up 28.7% from decade lows hit last month.
May 6, 2015 South32 gets going after BHP investors strong support, sees M&A opportunities BHP Billiton shareholders have overwhelmingly voted in favour of the South32 demerger, a spin off that creates Australia’s third-largest mining company.
May 5, 2015 Mining revenue in British Columbia dropped 14% last year Miners in Canada’s most western province remain under pressure, as prices for some key commodities, mainly coal and copper, have continued to fall.
May 5, 2015 South Africa delays court decision on black ownership of mines The mines ministry has missed an April deadline to ask courts solve the issue of whether companies may claim they meet black-ownership quotas if shareholders have sold their stakes.
May 5, 2015 Fortune Minerals and POSCAN complete sale of Arctos coal licenses to BC Rail The AAJV partners maintain the exclusive right to purchase back the coal licenses at the same price for a 10-year option period. If both partners do not wish to exercise…
May 4, 2015 Outside money starts to pour into mining M&A Mick Davis hasn't spent a cent of his $6bn, but private money and non-mining players' share of M&A has already doubled in less than three years.
May 4, 2015 Fission Hits 28.32% U3O8 Over 12.0M at R600W Zone PLS15-352 returns one of the top five strongest mineralized holes at PLS and continues the strong, high-grade growth of shallow, land-based R600W
May 4, 2015 RioZim seeks partnerships for $2.1bn Zimbabwe power plant RioZim Ltd., which mines gold, diamonds and coal in Zimbabwe, wants to work with state-owned power utilities in South Africa and Namibia to build a 1,400-megawatt electricity plant near its…