China&#39;s Minmetals in talks to buy Canadian miner
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China Minmetals Corp. had entered exclusive talks to acquire Canadian copper and zinc miner Noranda Inc., both sides announced Friday.
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Noranda Inc., Canada&#39;s biggest mining company, entered into exclusive talks on a takeover proposal from China Minmetals Corp. The preliminary cash proposal reflects a small premium
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China Minmetals Corp has entered into exclusive talks to acquire mining group Noranda, the Canadian firm announced.
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Canada's biggest mining company, Noranda Inc., has ended exclusive talks with China Minmetals Corp., but the Chinese metals trader said Thursday it will persist with its acquisition bid.
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SINGAPOREâChina&#39;s plan to buy Canadian mining giant Noranda Inc. is just the beginning of an overseas acquisition march fuelled by swollen foreign exchange reserves and a need to secure natural resources.
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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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Magna International Inc., Canada&#39;s largest auto parts supplier, offered to buy out shares in three units for as much as C$1.3 billion ($1.
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China&#39;s appetite for raw materials shows no sign of abating, with four Chinese steel mills agreeing to buy an extra $3.2 billion of Australian iron ore over the next 10 years, global miner BHP Billiton said Tuesday.
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12/6/04- There&#39;s a big deal in the gold-mining business. Goldcorp is buying its Canadian gold-mining competitor Wheaton River Minerals for about 2 billion dollars in stock.
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BHP Billiton Ltd. , the  world&#39;s largest mining group, is considering a bid to rival a  $28.7 billion offer for aluminum producer Alcan Inc. ,  and has hired investment bank Merrill Lynch & Co. ,  sources familiar with the matter said.
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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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If ever a global takeover deserves to be shot down by Ottawa, the China Minmetals senseless plan to play games of global Monopoly with Noranda Inc.
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Iamgold, a Canadian mining company, said that it would buy Cambior, a rival, for about 1.33 billion Canadian dollars ($1.2 billion) in stock, to create a gold mining operation with more than one million ounces of annual production. The deal will push Iamgold to the top of the midtier gold producers and comes six months after the miner bought Gallery Gold of Australia. ÂWe believe it sets the stage for us to join the senior ranks as we move forward in this company,Â IamgoldÂs chief executive, Joe Conway, left, said.
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Xstrata Plc, the world&#39;s biggest exporter of coal for power plants, offered to buy WMC Resources Ltd. for A$7.4 billion ($5.5 billion) in cash to add nickel and copper mines as China&#39;s demand for metals grows.
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Noranda, Canada's largest mining company, said on Friday that it may be acquired by the China Minmetals Corporation in a deal worth more than $4.7 billion.
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Canada&#39;s LionOre Mining International Ltd. (LIM.T) has bid an agreed A$285 million takeover to acquire Australia&#39;s MPI Mines Ltd.
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Canadian mining company Goldcorp Inc.   plans to buy competitor Wheaton River Minerals Ltd   for &#36;2.09 billion in stock, marking further consolidation in the mining industry, the companies said Sunday in a statement.