Hathor Exploration Limited
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ALUMINUM SMELTING: Kitimat modernization to cost $3.3-B
BRITISH COLUMBIA – The board of Rio Tinto has approved the final US$2.7 billion for the modernization of the Kitimat aluminum smelter in the town of the same name. The project, with a total cost of US$3.3 billion, will boost production 48% to…
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MERGER: Rio Tinto gets green light for Hathor bid
GATINEAU, Quebec – The Canadian Competition Bureau has given its approval for Rio Tinto’s bid to acquire all the common shares of Vancouver-based Hathor Exploration. Rio has made an all-cash offer of $4.70 per Hathor share.
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MERGER: Rio Tinto ups bid, Hathor says okay
VANCOUVER – The bidding war for Hathor Exploration and its Roughrider uranium property in northern Saskatchewan appears to be nearing the end. Rio Tinto has raised its all-cash offer to $4.70 per Hathor share, $0.20 more than Cameco of…
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MERGER: Cameco ups Hathor offer to $4.50/share, all cash
SASKATOON – Cameco Corp. has raised its offer for Hathor Exploration to $4.50 per Hathor share, 8.4% above the $4.15/share offer made by Rio Tinto last October and 20% above Cameco’s initial bid of $3.75/share in August 2011. The most recent…
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Rio Tinto makes recommended all-cash offer of C$4.15 per share for Hathor Exploration
Rio Tinto, through its indirect wholly owned Canadian subsidiary (“Rio Tinto”), and Hathor Exploration Limited, has agreed that Rio Tinto will make an offer to acquire all of the common shares of Hathor for C$4.15 in cash per common share.
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PERSPECTIVE: Hathor, Cameco square off for fight
SASKATOON and VANCOUVER – Two weeks after Cameco made a hostile bit of Hathor Exploration, the uranium miner and the uranium explorer look to be bracing for a fight.
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MERGER: Hathor rejects Cameco offer
VANCOUVER – The board of Hathor Exploration has unanimously rejected the unsolicited takeover bid from Cameco of Saskatoon. The special committee examining the offer noted that Hathor shares have been trading above the offer price, and…
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URANIUM STUDY: Roughrider PEA puts NPV at $1 billion
SASKATCHEWAN – Vancouver’s Hathor Exploration has completed an encouraging preliminary economic assessment for two of three zones at its Roughrider uranium project in the Athabasca Basin.
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MERGER: Cameco makes hostile bid to acquire Hathor Exploration in $520M deal
SASKATOON – Cameco, one of the world’s leading uranium producers, has announced its intention to acquire Hathor Exploration of Vancouver. Cameco is making an all-cash offer of $3.75 per Hathor share, a 33% premium over Hathor’s 20-day volume…
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URANIUM RESOURCES: East zone estimate doubles Roughrider deposit size
SASKATCHEWAN – The initial resource estimate for the East zone doubles the overall size of Hathor Exploration’s Roughrider uranium deposit on the eastern edge of the Athabasca Basin. The East zone by itself contains over 30 million lb of…
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URANIUM EXPLORATION: Roughrider Far East zone assays over 3% uranium oxide
SASKATCHEWAN – Hathor Exploration of Vancouver has all of the assay results of its winter 2011 drill program at the Roughrider uranium deposit on the eastern edge of the Athabasca Basin, and the company says the Far East discovery is worthy of…
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MINING PEOPLE IN THE NEWS: Chieftain Metals, Hathor, Pacific Ridge, PMI Gold, Prodigy Gold and Suncor
Chieftain Metals of Toronto has named Keith Boyle COO, effective Feb. 7, 2011, and Clive Creaney project manager, effective Jan. 1, 2011. Boyle is the former executive VP and COO at Alexis Minerals. Creaney’s career spans over 30 years mostly…
