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Are mining mergers back? A potential $3.3 billion Chinese-Australian mining deal, some updated M&A tallies and a rise in commodity prices suggest so. China's rapid economic growth is also stoking the sector's dealmaking.It was only a year ago that rocketing commodity prices fueled M&A for mining companies and prompted...
Posted on August 10, 2009 2:14 PM
The Senate is set to vote Wednesday night on a new bailout bill to ease the U.S. financial crisis, but that won't help Anglo-Swiss miner Xstrata plc, which pulled its £5 billion ($8.9 billion) offer for British platinum miner Lonmin plc due to lack of financing. Still, after walking away, Xstrata spent about $786 million for shares in Lonmin...
Posted on October 1, 2008 9:19 AM
Brazil's CVRD won out in the scramble for Canada's Inco. Now Inco CEO Scott Hand - who previously had very different plans for his company - is leading the integration.
Posted on February 15, 2007 11:59 PM
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