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Vedanta subsidiary raising US$1.5bln

VEDANTA Resources plc subsidiary Sterlite Industries will issue new American depositary receipts (ADRs)

North America

17 JUL 2009

Kagara completion

Australian-based Kagara Ltd has raised more than A$169 million through institutional and retail offers.

Australia

10 JUL 2009

Grupo Mexico in Asarco bid consideration

GRUPO Mexico SAB has agreed to pay US$1.46 billion in cash plus a US$280 million note to take back control

North America

10 JUL 2009

Grupo Mexico offers Asarco creditors US$1.46 billion

Grupo Mexico SAB agreed to pay US$1.46 billion in cash plus a US$280 million note to regain control of

North America

08 JUL 2009

Booming Brazil

Brazil has the largest economy in South America and a strong, diverse mining sector which contributes

IFC invests

International Finance Corp (IFC), a member of the World Bank Group, has agreed to buy a C$6 million (US$5.2

OZ completes sale

Oz Minerals Ltd has completed the sale of its Martabe gold project in Indonesia to China Sci-Tech Holdings

Australia

03 JUL 2009

Oz Minerals may be target on cash pile

Oz Minerals Ltd, the Australian metals producer with more than US$790 million in cash after selling mines

Australia

26 JUN 2009

He

This time last year, the Melbourne Mining Club held its second annual lunch at London's Café Royal.

Africa

26 JUN 2009

Xstrata in merger talks with Anglo

Xstrata plc, the Swiss-based mining company, is seeking a merger with Anglo American plc to create a

Africa

22 JUN 2009

Risky business

One of the most popular board games of the 1970s was a very basic strategy game called Risk. Compared

Africa

19 JUN 2009

Polymetal takes on debt-heavy Varvarinskoye

OJSC Polymetal has made its first expansion out of Russia, having entered into an agreement to purchase

Capital markets

19 JUN 2009

Cash inflow to cover development, debt

SEVERAL companies secured financing this week to cover liabilities associated with project development.

Australia

12 JUN 2009

Zambia bail out

Zambia's Chamber of Mines has suggested the country's government borrows money to bail out struggling

Africa

12 JUN 2009

Winners and losers

AS THE dust settles on the Rio Tinto saga it should become clearer who are the winners and losers. Rio

Australia

12 JUN 2009

Cudeco to raise A$52.5 million

Australian copper-focused mining company Cudeco Ltd plans to raise A$52.5 million (US$42.8 million) through

Australia

05 JUN 2009