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CORPORATE ACTIVITY

Aditya Birla’s offer for Northern Iron rejected

Norway-focused Northern Iron told shareholders on Tuesday that it would not allow Aditya Birla to make as second-stage offer for the company; however, it would allow the Indian firm access to certain information to allow for a higher, indicative...
15th May 2012
 
M&A

Northern Iron confirms Aditya Birla bid

ASX-listed Northern Iron has confirmed that it did receive a nonbinding takeover proposal from fellow listed Indian group Aditya Birla. Responding to an ASX query, Northern Iron said that at the end of November last year, the company took the...
11th May 2012
 
Opencast mining

Updated expertise to be made available to industry

The third edition of the reference book ‘Blasthole Drilling in Open Pit Mining’, which serves as a guide to mining engineers in the opencast mining industry, will be released in September this year, mining services company Atlas Copco reports.
11th May 2012
 
IRON-ORE

Australia's Northern Iron surges on Indian bid report

India's Aditya Birla group has submitted a non-binding bid for A ustralian- listed i ron ore miner Northern Iron Ltd, a newspaper report said, sending shares of the target firm up 19% to a six month high. Northern Iron, which has operational...
10th May 2012
 
All

Lassedalen fluorspar scoping study, Norway Restricted

Wardell Armstrong has been awarded the technical and economic study for the project.
26th April 2012
 
Tertiary Minerals plc

Company Announcement: Building a Strategic Position in the Fluorspar Sector PDF Available

Tertiary Minerals plc, is pleased to provide the following update on the progress of work at its two flagship fluorspar projects, Storuman in Sweden and Lassedalen in Norway, and to advise on recent market developments and strategic objectives.
2nd April 2012
 
POTASH

IC Potash sees C$40m cheque from Yara

TSX-listed IC Potash (ICP), developing the Ochoa project in New Mexico, will sell a 19.9% to Norway’s Yara International for about C$40-million, in what the Toronto-based company calls a “transformational” deal, which also involves 30% of...
31st March 2012
 
COAL

Search for coal leads to Canada's high Arctic

Iron-ore mining on Baffin Island? Child's play. A newly floated company, Canada Coal, is hoping to build a coal mine on Ellesmere Island, the northernmost tip of which is just 800 km from the North Pole. “I firmly believe we have what could be...
14th March 2012
 
LEGISLATIVE FRAMEWORK

Renewed pressure on South Africa to join mining transparency initiative

When South Africa was asked to join the Extraction Industry Transparency Initiative (EITI) ten years ago, it spurned the opportunity because it did not want to be tarred with what looked like a reform school for delinquent developing countries...
9th March 2012
 
Creamer Media on SAfm

02/03/2012 (On-The-Air) Audio Available

Global pressure is being applied on the government to make South African mining revenues fully transparent; A study on the economic viability of exporting manganese through the port of Saldanha Bay has been presented to Transnet; and Science and...
2nd March 2012
 
AUTOMATION

Rio Tinto gaining ground in mine automation stakes

Diversified miner Rio Tinto appears to be well ahead in the move towards the automation of the mining industry.
2nd March 2012
 
CORPORATE ACTIVITY

Hannans launches takeover offer for Scandinavian Resources

Gold and base metals explorer Hannans Reward has launched a takeover offer for Scandinavian Resources, in which it currently holds a 17.14% shareholding. ASX-listed Hannans is offering three of its own shares for every one Scandinavian Resources...
1st March 2012
 
 
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