LionOre Mining offers $208M US to acquire MPI Mines Ltd. of ...
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TORONTO (CP) - LionOre Mining International Ltd., a global company listed on the Toronto Stock Exchange, has made a $208 million US friendly bid to acquire Australia&#39;s MPI Mines Ltd.
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The Barrick Gold Corporation, the worldÂs biggest gold producer, extended its $1.71 billion hostile takeover bid for a rival, NovaGold Resources, until Dec. 6 after acquiring 13.2 million shares. That represented 12 percent of NovaGoldÂs 106.7 million shares outstanding. The bid of $16 a share remains Âthe best and final offer,Â Barrick said.
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Xstrata Plc, the world&#39;s biggest exporter of power-station coal, offered A$7.4 billion ($5.5 billion) for WMC Resources Ltd. to gain nickel and copper mines.
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Brazilian iron ore giant CVRD remains interested in acquiring Canada&#39;s Noranda Inc. if Noranda breaks off exclusive talks with China Minmetals Corp.
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Canadian mining company Goldcorp Inc.  G.TO GG.N plans to buy competitor Wheaton River Minerals  Ltd WRM.TO WHT.A for $2.09 billion in stock, marking  further consolidation in the mining industry, the companies  said Sunday in a statement.
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A $7.4 billion takeover bid for the Australian mining company WMC Resources has seen its share price surge by 36 per cent. The Swiss-based mining house Xstrata wants to add WMC Resources to its Australian mining portfolio.
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BHP increased its takeover offer to about $147 billion after a Chinese rival bought a stake in Rio Tinto last week.
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London-listed Central African Mining & Exploration  launched an offer for Katanga Mining Ltd  on Wednesday, which it said valued the Canadian company at C$1.52 billion (US$1.44 billion).
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GLOBAL miner BHP Billiton Ltd and the world&#39;s largest aluminium producer, Alcoa Inc, plan to raise up to $US100 million ($138 million) in calendar 2004 by selling shares in their metal-processing
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BHP Billiton Ltd./Plc  , the world's biggest mining group, has revived plans for a $40 billion takeover of aluminium producer Alcoa Inc. , the Times newspaper said in an unsourced report on Monday.
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TOM ELLIOTT, MM&amp;E CAPITAL: Well, the bid that received the most attention was London-based Xstrata&#39;s offer to buy WMC Resources, the old Western Mining, at $6.
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Australian zinc producer Zinifex Ltd  launched an all-cash bid worth up to A$775 million ($668 million) for nickel miner Allegiance Mining , the latest in a hectic round of industry consolidation.
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Goldcorp Inc. yesterday became the third North American mining company this year to launch a bid to buy Wheaton River Minerals Ltd.
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Anglo-Swiss miner Xstrata Plc offered A$3.1 billion ($2.8 billion) on Monday for Australia's fifth-largest nickel producer Jubilee Mines NL, the latest outback miner to catch the eye of a big international firm as metal prices soar.
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Anglo-Australian mining giant BHP Billiton say it has made an offer worth $147bn to buy rival Rio Tinto.
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JOHANNESBURG : South Africa&#39;s Harmony Gold Mining Co. Ltd. said it would bid for control of Gold Fields Ltd, valuing it at 8.1 billion dollars (6.
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Mining giant Xstrata tables a bid for Australian nickel producer Jubilee Mines for 3bn Australian dollars ($2.8bn; Â£1.34bn).