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Kalahari deal goes through

After some uncertainty regarding whether it had received enough share offers, China Guangdong Nuclear Power Corp (CGNPC) and Kalahari Minerals plc today confirmed the unconditional status of a £632 million (US$1 billion) bid for the Namibia-focused company Full story...

Novagold raises US$250m in bought deal

NovaGold Resources Inc said this week that it would raise US$250.8 million through a bought-deal public offering Full story...

Guangdong Kalahari bid to close

Thursday was the closing date for acceptances on the £632 million (US$1 billion) offer for Kalahari Minerals plc, made by the China Guangdong Nuclear Power Corp (CGNPC)last December Full story...

Anglo-Codelco dispute: the latest

The ongoing dispute between Anglo American plc and Codelco took on a new dimension this week after the national Federation of Copper Workers (FCW), a Codelco board member, filed a criminal complaint against Anglo Full story...

Archipelago Resources sees material increase

Archipelago Resources plc has announced an increase in mineral resources and ore reserves at its operating Toka Tundung mine in North Sulawesi, Indonesia Full story...

First Quantum raises US$1bn for Kansanshi

First Quantum Minerals Ltd has arranged US$1 billion in funding for the company’s flagship Kansanshi mine, the largest copper project in Africa Full story...

Pan African, Wits Gold team up to buy Evander

Witwatersrand Consolidated Gold Resources Ltd and Pan African Resources plc will set up a 50:50 joint venture to buy the Evander gold mine (pictured) in South Africa for as much as R1.7 billion (US$220 million) in cash and assumed debt Full story...

Industry consolidation signalled by Xstrata-Glencore

The international mining industry is facing a new round of corporate amalgamation following confirmation that Glencore International plc and Xstrata plc are in talks regarding a possible US$80 billion ‘merger of equals’ Full story...

Harmony's injury

An employee has been fatally injured at Harmony Gold Mining Co’s Bambanani mine in South Africa’s Free State Full story...

Funding for Tonkolili

African Minerals Ltd has said it will issue convertible bonds worth US$350 million (due 2017) to fund its Tonkolili mine (pictured) in Sierra Leone. Full story...

Ivanhoe to keep board

Ivanhoe Mines Ltd has said it expects to keep hold of its 14-member board of directors after the acquisition by Rio Tinto is complete Full story...

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'Sustained' growth for MJ's parent company

AspermontThe parent company of Mining Journal, Aspermont Ltd, recently announced a 19% increase in revenue from its media business to A$24.98 million (US$25.8 million) for the year to end-June.

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