News archive for June, 2006

Results 81 - 90 of about 291 news for the month of June, 2006.

Crew to Acquire New Gold Project in the Philippines

June 26th, 2006

Crew Gold Corporation (”Crew” or the “Company”) (TSX:CRU) (Oslo:CRU) (Frankfurt:KNC) (Other OTC:CRUGF).
Crew is pleased to announce it has signed an option agreement with Plethora Mining Corporation of the Philippines to earn into the Tandic Gold Project in San Mariano Municipality, Compostela Valley Province in southeastern Mindanao, the Philippines. Under the terms of the agreement, Crew [...]

Phelps, Inco, Falconbridge to merge

June 26th, 2006

Phelps Dodge Corp, Inco Ltd and Falconbridge Ltd have announced plans to merge in a deal worth around US$40 billion.
The deal will create the world`s largest nickel producer and also the largest publicly traded copper producer, according to a statement on the PR Newswire.
The new company - to be called Phelps Dodge Inco Corp - [...]

Metso to Supply Crushing and Grinding equipment to Boddington Gold Mine

June 26th, 2006

Metso Minerals will supply crushing and grinding equipment to Boddington Gold Mine (BGM) in Western Australia. The mine is a joint venture owned by Newmont Mining Corporation and AngloGold Ashanti. The delivery is scheduled for the fourth quarter of 2007. The value of the order is approximately EUR 50 million.
The order comprises the supply of [...]

Ashton Mining of Canada Inc.: Average Diamond Content of Samples from Northern End of Renard 4 Now 101 cpht

June 26th, 2006

Largest diamond a 1.71 carat octahedron
Robert T. Boyd, President and CEO of Ashton Mining of Canada Inc. (”Ashton” or the “Corporation”) (TSX:ACA), is pleased to report that the cumulative 49.8 tonnes of kimberlitic material collected from the northern end of the Renard 4 kimberlitic body (”Northern Zone”) on the Foxtrot property in north-central Quebec has [...]

BACIF can match the quality of fabricated mining equipment being imported by Brazilian miners

June 26th, 2006

Works Superintendent of the Brass, Aluminium and Cast Iron Foundry Ltd (BACIF) Rondel Ally has told Stabroek Business that the local foundry can match the quality of the fabricated components being imported by Brazilian miners operating in Guyana and that the company is seeking to improve its share in that market.
“There is an increasing Brazilian [...]

Finland’s Metso to supply equipment to Australia’s Boddington gold mine

June 26th, 2006

Finnish engineering firm Metso Oyj (MX) Monday said it will supply crushing and grinding equipment to Boddington Gold Mine, or BGM, in Western Australia for around EUR50 million.
The company said the delivery is scheduled for the fourth quarter of 2007. The mine is a joint venture owned by Newmont Mining Corp. (NEM) and AngloGold Ashanti [...]

Mining equipment demand to rise sharply

June 26th, 2006

Global demand for mining equipment is expected to rise 9.3% every year through to 2009 - by which time it will be worth US$27.5 billion, according to a new study.
Global demand for mining equipment is expected to rise 9.3% every year through to 2009 - by which time it will be worth US$27.5 billion, says [...]

Emeco bid to raise $1bn for expansion

June 26th, 2006

A MINING equipment and earthmoving group will add to a gorge of big-dollar market floats when it releases a prospectus today.
It is understood that Perth-based Emeco, which has been expanding rapidly on the back of the resources boom, will seek almost $1 billion in the raising to be used for growth.
The float comes after the [...]

Heavy equipment company rides on mining boom

June 26th, 2006

A WEST Australian mining equipment and earthmoving group will add to a gorge of big-dollar stock market floats when it releases a prospectus today.
It is expected that Perth-based Emeco, which has been expanding rapidly on the back of the current resources boom, will seek almost $1 billion in the raising to be used for [...]

Emeco Plans to Raise A$1.1 Billion in Initial Offer

June 26th, 2006

Emeco Ltd., an Australian earthmoving equipment company, aims to raise as much as A$1.1 billion ($804 million) in a public share sale, capitalizing on the nation’s surge in minerals and energy exports.
The company will sell stock between A$2.10 and A$2.50, Perth, Western Australia-based Emeco said today. Local buyout firms Pacific Equity Partners and Archer Capital [...]


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