U.S. miner sweetened last-ditch bid for Goldcorp

Article Abstract:

Glamis Gold Ltd. increased its bid for Goldcorp Inc. by 3.4 percent to $2.76-billion (U.S.) on February 7 2005, in a bid to stop a proposed merger between the owners of the rich Red Lake mine in northern Ontario and Wheaton River Minerals Ltd. The move by Glamis came three days before Goldcorp shareholders voted on Goldcorp's friendly $2.4 billion (Canadian) takeover of Vancouver-based Wheaton River, which has gold and copper assets around the world.

United States, Primary nonferrous metals, not elsewhere classified, Commodity & service prices, METAL MINING, Prices and rates, Goldcorp Inc., GG, Company pricing policy, Glamis Gold Ltd., GLG

---

Rio Tinto launches hostile takeover of iron miner North

Article Abstract:

Australia's North Ltd. has received a $2.5 billion hostile takeover bid from London, England-based Rio Tinto PLC. The deal, which would allow Rio Tinto to expand in Canada's mining industry, may be rivaled by counter bids from Billiton PLC, WMC Ltd. and Broken Hill Proprietary Company Ltd.

United Kingdom, Asset sales & divestitures, Gold Mines, Gold Ore Mining, Gold mining, Rio Tinto PLC, North Ltd., RTP

---

Placer Dome buys African gold miner

Article Abstract:

Placer Dome Inc. will acquire East African Gold Mines Ltd. for $255 million (U.S.).

Ferroalloy ores, except vanadium, Chemical and Fertilizer Minerals, Nonmetal mining, Placer Dome Inc., PDG, Ores, Fertilizers, Ferroalloys, East African Gold Mines Ltd.

Similar abstracts:

• Abstracts: C.I. launches hostile bid for Mackenzie. Opus 2 to buy fund firm
• Abstracts: Sales fears ended talks: Corning. CAE buys U.S. jet trainer
• Abstracts: Bombardier faces WTO today. Canada to ask last time for end to salmon ban
• Abstracts: Canada beats U.S. in on-line banking use. Call-Net dials into business market
• Abstracts: Husky 2 years from IPO, Hong Kong owner says. Husky project delivers scant royalties. Husky delays heavy oil upgrader expansion

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.