IKN

a plague o both your houses

Miners think miners are cheap

Want evidence? Here are a few stories from the last four days (and two of those were a Saturday and a Sunday).

HudBay and Lundin Announce Friendly Business Combination

Xinjiang Xinxin Mining Industry Co., Ltd. says today that it will buy three nickel-copper mines in Hami City, Xinjiang Autonomous Region, West China, for CNY 542 million in total, under recent agreements.

Gold Hawk Receives Unsolicited Expression of Interest and Retains Advisors Regarding Alternatives… – Nov 24 2008 6:07AM

Ji’en Nickel will pay CAD 45 million ($35.88 million) to Goldbrook, after which the two companies will conduct joint exploration work for a period of three years……………

TORONTO, ONTARIO–(MARKET WIRE)–Nov 20, 2008 –– Kinross Gold Corporation announced today ……….. Kinross will acquire a 100% interest in Minera Santa Rosa SCM (“Minera”) for an aggregate purchase price of approximately US$250 million, plus a royalty. Minera owns 100% of the Lobo-Marte gold project located in the …………….

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