Saturday, December 8, 2007

Brazilian miner Vale moves to consider bid for Xstrata

Very Interesting.

Xstrata beat out INCO to acquire Falconbridge (C$20 billion)
(then got beat out by Norilsk Nickel for LionOre)

CVRD came in and picked up INCO (about US$18 billion), so INCO may still get Falconbridge.

Recall Phelps Dodge was involved with this, before getting acquired Freeport McMoRan

TeckComino is the only one left from this 2006 consolidation / takeover play.

Brazilian miner Vale moves to consider bid for Xstrata - Times Online

Tuesday, December 4, 2007

Freeport-McMoRan to reopen Colorado molybdenum mine

Freeport-McMoRan to reopen Colorado molybdenum mine

Bolnisi Shareholders Approve Offer by Coeur

Bolnisi Shareholders Approve Offer by Coeur

Castle Gold Records Third Quarter Results

Castle Gold was formed on August 28, 2007 following the amalgamation of Aurogin Resources Ltd. ("Aurogin") and Morgain Minerals Inc.

Highlights - Cost of sales per ounce was $191 in the third quarter on sales of 3,251 ounces reducing year-to-date cost of sales per ounce to $202 on sales of 8,053 ounces.

Castle Gold Records Third Quarter Results

Monday, December 3, 2007