Search Results
Australia Gold Miner Newcrest Mining to Complete Lihir Gold Takeover in Sep
Australia’s largest gold miner Newcrest Mining said Tuesday it had completed its due diligence on Lihir Gold Limited and expected to complete the A$9.5 billion ($7.75 billion) acquisition of its smaller compatriot in September.
The completion triggers an exclusivity period that requires Lihir to cease any talks with third parties about a competing proposal, Newcrest said [...]
Australian Stocks Decline, Led by BHP Billiton as Metals Slide
Australian stocks fell for a fourth day. BHP Billiton led mining shares lower as metals prices dropped and a measure of commodities reached the lowest in almost two years.
CSL Ltd. led declines among U.S.-linked shares after a report on job and wage growth revived speculation interest rates won’t fall anytime soon in the world’s biggest [...]
Cleveland-Cliffs Inc. Expand International Iron-ore And Coal Operations
Cleveland-Cliffs Inc (NYSE: CLF) today announced that Laurie Brlas, executive vice president and chief financial officer, is scheduled to present at the Bank of America Basics/Industrials Conference being held in New York City on Wednesday, May 7, 2008, at 3:40 p.m. ET. The presentation will highlight the Company’s rapidly expanding international iron-ore and coal operations, [...]
Read moreShensua Energy Plans To Buy Shares in Coal & Allied Industries from Rio Tinto
China Shenhua Energy Co., Ltd., one of the country’s leading coal producers, will possibly reach out again for Australia-based coal mining assets, said industry analysts.
Read moreDutch Gold Resources Reappoints Benton Mine GM, Begins Drilling Initiative
Dutch Gold Resources, Inc. (the “Company”), a developer and operator of proven gold mines and regional mills in North America, today announced that Patrick Engel has agreed to a multiple year extension of his role as General Manager of the producing Benton Mine and has agreed to oversee the development of the Gold Bug Mine.
The [...]
