Group pushes TVX to sell stake in 5 mines

Article Abstract:

The article is about how a group of private investors and mutual funds is trying to convince TVX Gold Inc. to sell its minority share in five gold mines and use the money to pay off $250-million in gold-linked convertible notes.

TVX Gold Inc., TVXT

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Franco-Nevada to take over Echo Bay

Article Abstract:

Franco-Nevada Mining Corp. has reached a deal to acquire controlling share of Echo Bay Mines Ltd. Franco-Nevada exchanged debt it acquired in Echo Bay into a holding of 49.5%.

United States, Acquisitions & mergers, Metal Ore Mining, Gold and Silver Ores, Gold & Silver Ores, Precious metals industry, Franco-Nevada Mining Corporation Ltd., Gold ores, Silver ores, Echo Bay Mines Ltd., ECO

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Placer to sell stake in Venezuela project

Article Abstract:

Placer Dome Inc. will sell its stake in the Venezuela gold project, Las Cristinas.

Mining & Extractive Industries, Mining, Venezuela, Placer Dome Inc., PDG

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