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Mining Mergers and Acquisitions News

Opportunity knocks for mining M&A in 09

Deal reached with Sudbury strikers - Vale

TORONTO (Reuters) - Vale said on Sunday it reached a tentative contract agreement with workers at its Sudbury, Ontario, nickel and copper mining ..

07-05-2010

  • Deal reached with Sudbury strikers - Vale      07-05-2010

    TORONTO (Reuters) - Vale said on Sunday it reached a tentative contract agreement with workers at its Sudbury, Ontario, nickel and copper mining operation, signaling the end of a bitter, year-lon..

  • Cliffs, Spider agree on takeover deal, KWG bows out      07-05-2010

    NEW YORK (Reuters) - Spider Resources Inc (SPQ.V) agreed to a takeover by Cliffs Natural Resources Inc (CLF.N) and ended a deal with KWG Resources Inc (KWG.V), giving up on its efforts to fend of..

  • BHP, Xstrata, Rio’s ‘Amazing’ Tax Win May Revive Mining Plans      07-05-2010

    July 2 -- BHP Billiton Ltd. and Rio Tinto Group may join Xstrata Plc in reviving investment plans in Australia after forcing the government to water down a tax on mining profits in the world’s biggest..

  • Peabody gets Chinese partner for Mongolia coal venture      07-05-2010

    JOHANNESBURG – US coal-miner Peabody Energy has formed a joint venture (JV) with China’s Winsway Coking Coal Holdings to explore and develop coal prospects in Mongolia.

  • Deals This Week: Sumitomo, Rio Tinto And More      07-05-2010

    Sumitomo Corp has acquired a 30% interest in Usiminas, Brazil's largest maker of flat steel, for $1.93bn.

  • Uranium One announce increase in Kazakh      07-03-2010

    Uranium miner Uranium One Inc on Monday announced inaugural reserve estimates for its South Inkai and Karatau Uranium Mines in Kazakhstan, as well as a significant increase in resources at Karatau.

  • Optimum Coal to float on JSE main board      07-03-2010

    Optimum Coal Holdings said Monday it intends to float on the JSE during the first half of 2010. The company has applied to list its shares in the general mining sector on the main board.

  • Sales of Koornfontein stake progressing      07-03-2010

    Mining services company Sentula on Monday said the sale of its 49.9 percent stake in the Koornfontein coal mine to majority black-owned coal mining company Optimum Coal Holdings for R670 million in ca..

  • Conditions of DRDGold sale fulfilled by June      07-03-2010

    DRDGold said on Monday that it expects the suspensive conditions related to its sale of a 60 percent stake in its struggling Blyvoor mine to be fulfilled towards the end of June 2010.

  • Simmers moves to assist First Uranium      07-03-2010

    Junior gold producer Simmer & Jack Mines said its board of directors has resolved that Simmers will participate in the First Uranium Corporation recapitalisation programme
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