Archive for the ‘Mining sector UK’ Category

Gold Bag Inc subsidiary to acquire all outstanding shares of Metallum Resources Plc

Comments Off | 03-1-2011

Gold Bag, Inc, which operates as Focus Gold Corp, Monday announced its newly created, wholly-owned subsidiary, Focus Celtic Gold Corporation, will purchase all outstanding shares of Metallum Resources, PLC.
Metallum Resources is a gold and base metals explorer with a focus in Northern Ireland, Republic of Ireland and Scotland. Metallum, founded in 2006, is an unlisted

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Sirius Minerals Plc announces acquisition of York Potash Ltd

Comments Off | 01-18-2011

Sirius Minerals Plc announced Monday the acquisition of York Potash Ltd; and the appointment of York Potash’s founder, Chris Fraser, as Managing Director and Chief Executive Officer of Sirius.
York Potash Ltd is a private UK company that has signed various agreements with major landowners in relation to extensive mineral rights covering more than the 600km2

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KazakhGold Group Ltd. to buy OAO Polyus Gold in a $9.4 billion deal

Comments Off | 07-3-2010

In an effort to gain acquisition investment capability, KazakhGolg Group Ltd, the Jersey registered company, announced that it’s in a deal that will see it acquire its parent company, OAO Polyus Gold at an estimated investment of $9.4 billion. The result will be the creation of the biggest producer of Gold amongst former Soviet republics

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Vallar Plc announced initial public offer (IPO) to fund its mining acquisition investments

Comments Off | 06-28-2010

In a statement released Friday, Vallar Plc announced that it plans to hold an initial public offer (IPO) to fund its mining acquisition investments. In the plans, the company will enter the London Stock Exchange with a proposed IPO of £600 million, given its impressive long term global macroeconomic outlook for the global metals, mining

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