Posts Tagged ‘two-mines’

TORONTO (Reuters) – A $7.1 billion bid for Red Back Mining (TSX:RBI), a Canadian-based company active in Africa, has a stable of other mid-tiered gold miners dreaming of similar takeover approaches from larger rivals. Kinross Gold Corp (TSX:K) made the all-stock offer on August 2, saying Red Back’s two mines would help propel its annual output Full story

* One silver and a gold mine could be affected * Shougang Hierro Peru hit by strike for five days LIMA, July 2 (Reuters) - Workers at two mines controlled by Peru's largest precious metals miner, Buenaventura (BVN.N: Quote, Profile, Research, Stock Full story

The group says the expansion of two mines boosted both silver and gold production Full story