Financial Times: FT.com: Vatukoula Gold Mines jumped 76.5 per cent to 1.05p after confirming it had received a number of bid approaches. view the rest of this and other related articles | pdf
Vatukoula Gold Mine placing blocked Smaller companies by Robert Lindsay Vatukoula Gold Mines lost 0.06p to 0.66p after rebel shareholder Walter Berukoff, a Canadian mining tycoon, used his 18 per cent stake to block a proposal to allow the board to raise cash with a share placing. Mr Berukoff said: “I have no confidence the…
UK-based River Diamonds has bought out the Vatukoula Gold Mine in Fiji. This is after River Diamonds completed a £29.6 million cash ($F69.4m) and share reverse takeover of Viso Gero International. Viso Gero owns Westech Gold, which in turn owns the Vatukoula Gold Mine in Fiji. In a move that began in July last year,…
Newmont Mining Corporation – Press Release DENVER, Colorado and Vancouver, British Columbia, October 9, 2007 – Newmont Mining Corporation (NYSE: NEM) and Miramar Mining Corporation (TSX: MAE, AMEX: MNG) announced today that they have entered into a definitive support agreement that provides for the acquisition by Newmont, with the unanimous support of the Miramar board…
River Diamonds – Press Release River Diamonds is pleased to announce that it has entered into an agreement to subscribe for 12.5% of the share capital of Viso Gero International Inc. (“VGI”) for a cash consideration of £2.5 million. VGI is a company incorporated in the British Virgin Islands and an indirect subsidiary of Red…
Yamana Gold Inc – News Release Toronto, Ontario, June 27, 2007 – YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:YAU) and Northern Orion Resources Inc. (TSX:NNO; AMEX:NTO) today announced that they have entered into a business combination agreement and a concurrent proposal has been made to Meridian Gold Inc. with respect to the combination of the three…
excerpt from an article in Canadian Business Magazine. Walter Berukoff is president of Leisure Canada, a Vancouver based development company whose business plan hinges on tourists from an under-represented nationality. “right nowthere are about 40 million visits to Florida every year,” he says “imagine if Cuba got 10% of that. It’s a ferry ride from…
La Mancha Resources – News Release Vancouver, Canada – La Mancha Resources Inc. (“La Mancha”) today announced that it has entered into a definitive agreement dated May 19, 2006, (the “Agreement”) with Compagnie Générale des Matières Nucléaires SA (“CFMM”), a wholly owned subsidiary of Areva NC, to create an international diversified gold company with gold…
Every few years, Fidel Castro announced to his 10 million citizens that, if they could just haul down enough sugar cane, they would finally pay off the Soviet oil bill.Patriotic citizen armies marched out into the sub-tropical humidity and scythed away hopelessly at the national debt. This dedicated workforce has been the engine of the…
Leisure Canada plans huge resort development by David Jordan Vancouver entrepreneur Walter Berukoff has walked away from 14 years in the mining industry to devote himself full-time to developing a resort in Cuba. Berukoff resigned last week as president of both Miramar Mining and its 55 percent owned subsidiary Northern Orion Explorations. On March 9…
by Peter Kennedy Without attracting much attention, Vancouver financier Walter Berukoff has emerged as one of Cuba’s largest foreign investors by sinking about $60 million into mining and real estate projects on the Caribbean island. “Most people know very little about what I own and I’d rather keep it that way.” the 55 year old…
by John Schreiner Vancouver – When North Vancouver’s Walter Berukoff needs to converse with Fidel Castrom Cuba’s president, he relies on a language they share in common: Russian. “I get along in Cuba because I speak Russian,” says Mr. Berukoff, 53, the son of Doukhobors who settled in British Columbia after leaving Russia during the…