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Topic: NorandaFalconbridge


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In the News (Sun 6 Dec 09)

  
  Noranda-Falconbridge, 1st Writethru   (Site not responding. Last check: 2007-11-02)
Consolidating the Falconbridge operations - widely seen as the stronger part of the company - not only strengthens Noranda but makes it "marginally more" likely to be taken over by one of the massive global mining groups prowling the world for acquisitions, Smith said.
NorandaFalconbridge will have a stock-market capitalization of about $14 billion Cdn, a pipsqueak in global terms: industry leader BHP Billiton of Australia, for example, has a stock-market value of about $90 billion US.
NorandaFalconbridge will be the world's third-largest producer of nickel and zinc, and eighth-largest producer of copper, as well as having substantial aluminum and metal recycling operations and traces of cobalt and platinum group metals.
www.cp.org /premium/ONLINE/member/Business/050506/b050665A.html   (624 words)

  
 Globeinvestor.com: Novicourt Provides Additional Information About Its Carajas, Brazil JV with NorandaFalconbridge
Novicourt and NorandaFalconbridge have entered into an exploration option agreement which will allow Novicourt to earn a 30% JV interest in any properties contained within the large joint venture area ("Canaa dos Carajas JV area") totaling 3,216km(2) located in the southwest area of the Carajas region of northern Brazil.
Previous regional exploration by NorandaFalconbridge has been comprised of airborne geophysics, ground geophysics and geochemistry, geological mapping and limited drilling of a single anomaly at a prospect named Pedra Branca located within the Canaa SW property.
Christopher Wright (P.Geo.), of NorandaFalconbridge, is the qualified person according to NI 43-101 and is responsible for the technical information in this news release.
www.globeinvestor.com /servlet/ArticleNews/story/CCNM/20050601/0601156n   (1016 words)

  
 www.mineweb.net | sections Despite Canadian base metals engagement, China ties remain   (Site not responding. Last check: 2007-11-02)
ENO--(Mineweb.com) The proposed combination of the would-be über base metals company NorandaFalconbridge is more than happy to transform Noranda's former courtship with MinMetals into a strategic relationship that benefits the affianced Canadian base metals producers as well as the spurned Chinese suitor.
Steve Douglas, Noranda Executive Vice President and CFO, said NorandaFalconbridge will pursue two courses: issue a bid to all Noranda shareholders for $1.25 billion of common shares in exchange for $1.25 billion of junior preferred shares; and merge Noranda and Falconbridge on a share exchange basis of 1.77 Noranda shares for each Falconbridge common share.
He predicts the Chinese firms will work together with the proposed NorandaFalconbridge on the El Morro copper-gold project in Chile and the El Pachon copper project in Argentina to help with financing and off-take projects.
www.mineweb.net /sections/423129.htm   (817 words)

  
 [No title]
Upon completion of the merger, NorandaFalconbridge will be an extremely well-positioned base metals company." As a component of the plan, Brascan has agreed to deposit all of its common shares of Noranda to the Issuer Bid.
All Noranda common shareholders have the right to participate in the Issuer Bid on a pro rata basis, however, Brascan's deposit to the Issuer Bid would be sufficient to satisfy fully the Issuer Bid if no other Noranda common shareholders tendered to the bid.
In addition to the usual conditions, the Merger will be conditional upon acceptance by holders of more than 50% of Falconbridge common shares, excluding shares held by Noranda and the completion of the Issuer Bid.
www.cdnx.com /data/lcdb/DOCP/MAR2005/V0H301!.DOC   (1220 words)

  
 Sudbury Mining Solutions   (Site not responding. Last check: 2007-11-02)
NorandaFalconbridge’s Raglan Mine in northern Quebec bought the unit with a tire changer, a pipe hander and a crane hook.
NorandaFalconbridge’s Kidd Creek Mine in Timmins had a special requirement for a pipe-handling unit to assist in the installation of a new 20-kilometre pastefill delivery system.
Mining contractors such as JS Redpath and Dynatech use Marcotte vehicles and some units are in service at the Stillwater Mine in Montana.
www.sudburyminingsolutions.com /article_detail.asp?view=3146   (918 words)

  
 Resource Investor - Base Metals - NorandaFalconbridge: A Fatter Acquisition Target?   (Site not responding. Last check: 2007-11-02)
Noranda already owns 59 per cent of Falconbridge and in turn is owned 41 per cent by the Brascan Corp. conglomerate, which has been trying for years to unload its base-metal holdings to concentrate on electricity generation, real estate and other businesses.
Brascan intends to tender to that bid, leaving it still the largest shareholder in NorandaFalconbridge with 16 to 26 per cent of its equity, depending on how many other Noranda shares are tendered.
Dominion Bond Rating Service said the transaction, expected to be completed in the second quarter, is ''potentially favourable'' as it consolidates the cash flow and ''world-class'' assets of Falconbridge as strong metal prices are expected to continue at least into 2006.
www.resourceinvestor.com /pebble.asp?relid=8625   (925 words)

  
 www.mineweb.net | sections | base metals Noranda merger complete, stock lists July 6   (Site not responding. Last check: 2007-11-02)
When the votes were finally tabulated, 99.7 percent of Falconbridge shareholders and 99.5 percent of Noranda shareholders approved the merger.
Despite Noranda's original declaration that the new NorandaFalconbridge Board of Directors would have more independent representation, majority shareholder Brascan retained its four seats on the board.
David Kerr retain his chairmanship of both Falconbridge and Noranda as the new chairman of NorandaFalconbridge.
www.mineweb.net /sections/base_metals/456887.htm   (536 words)

  
 Argonne research could lead to cooler aluminum production
ARGONNE, Ill. (June 10, 2005) — Researchers at the U.S. Department of Energy's Argonne National Laboratory and NorandaFalconbridge, Inc. are developing a way to produce aluminum at significantly reduced temperatures.
The collaborative research effort could eventually lead to significant reductions in the energy costs and emissions of greenhouse gases associated with aluminum production.
NorandaFalconbridge, Inc. is a leading mining and metals company.
www.anl.gov /Media_Center/News/2005/news050610a.html   (771 words)

  
 Untitled Document
The takeover bid is conditional on a majority of the minority Falconbridge shareholders agreeing to tender to the Noranda offer.
During a conference call with analysts and investors, Pannell said there is no expectation that China Minmetals will be making a bid for a major stake in NorandaFalconbridge, although he said the Chinese firm may be interested in acquiring a small holding in the new company.
Noranda said it has begun talks with the Chinese company about a "strategic alliance which may involve commercial arrangements," such as development projects, assistance with procurement and supply of equipment, and joint exploration initiatives in China.
www.cctr.ust.hk /articles/20050309_Falconbridge.htm   (672 words)

  
 Investor's Business Daily: Breaking News
Pending completion of the deal, NorandaFalconbridge will have an 18-nation footprint and operations in copper, nickel, zinc and aluminum.
Before moving ahead with the acquisition, Noranda will conduct an issuer bid to exchange up to 63.4 million common shares for three series of the company's junior preferred stock carrying a state value of $1.25 billion.
The issuer bid is expected to be completed on or about April 27, with the stock swap between Noranda and Falconbridge to wrap up in early May.
www.investors.com /breakingnews.asp?journalid=26366241   (701 words)

  
 Noranda Inc. and Falconbridge Limited   (Site not responding. Last check: 2007-11-02)
On June 2, 2005, Noranda and Falconbridge entered into an amalgamation agreement (the "Primary Amalgamation Agreement") providing for the amalgamation (the "Primary Amalgamation") of Noranda and Falconbridge to form a new corporation to be named Falconbridge Limited ("NorandaFalconbridge") pursuant to section 175 of the Business Corporations Act (Ontario) (the "OBCA") and certain other matters.
Neither the approval of the holders of Noranda Preferred Shares nor of the holders of Falconbridge Preferred Shares is required to proceed with the Primary Amalgamation.
(a) The NorandaFalconbridge Preferred Shares Series F and the NorandaFalconbridge Preferred Shares Series G will have the same automatic conversion features as the Noranda Preferred Shares Series F and Series G respectively, as set out in the Prior Noranda Order.
www.msc.gov.mb.ca /orders/noranda_4.html   (1406 words)

  
 Ottawa Business Journal - Home Page
Brascan, which owns about 41 per cent of Noranda, said it will tender its common shares to the issuer bid.
The new company will be known as NorandaFalconbridge and will have a market value of about $14 billion.
For Brascan, the merger represents an opportunity to reduce its exposure to the resource sector and, continue to shift its emphasis into real estate and power generating assets.
www.ottawabusinessjournal.com /312387714703229.php   (223 words)

  
 investmentssurvival.com - Noranda and Falconbridge Agree to Combine
The public trading "float" of NorandaFalconbridge will be over 50% greater than that of Noranda today.
The balance sheet and income statement of NorandaFalconbridge pro forma the completion of the Issuer Bid and the Merger is outlined in "Schedule B".
Noranda and China Minmetals have entered into discussions regarding a strategic alliance which may involve commercial arrangements regarding the offtake from certain development projects, assistance with procurement and supply of equipment and other products and services in regard to certain greenfield projects, joint exploration initiatives in China and other matters.
www.investmentssurvival.com /content/view/1797/2   (3238 words)

  
 Toronto Sun: - A $14B deal on paper   (Site not responding. Last check: 2007-11-02)
NORANDA INC. is moving to take full ownership of Falconbridge Ltd. in an all-paper transaction creating a global nickel, copper and aluminum enterprise with a stock market value of over $14 billion.
The arrangement puts to rest -- for now -- the prospect of a Chinese takeover, but some observers said the combined company, to be known as NorandaFalconbridge, will be an even plumper acquisition target.
The story you are searching for is available in its entirety via email, fax or mail for $10.00, payable with credit card (include expiry date).
www.canoe.ca /NewsStand/TorontoSun/Money/2005/03/10/956212-sun.html   (331 words)

  
 Canadian Corporate News: Novicourt Provides Additional Information About Its Carajas, Brazil JV with ...   (Site not responding. Last check: 2007-11-02)
Novicourt Inc. ("Novicourt") (TSX:NOV) is pleased to report that exploration activities have commenced on its previously announced (March 22, 2005) Carajas Property JV with Noranda Exploracao Mineral Ltda.
Novicourt and NorandaFalconbridge have entered into an exploration option agreement which will allow Novicourt to earn a 30% JV interest in any properties contained within the large joint venture area ("Canaa dos Carajas JV area") totaling 3,216km(2) located in the southwest area of the...
This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.
highbeam.com /library/doc0.asp?docid=1G1:132917407&refid=ink_tptd_np   (175 words)

  
 Noranda shareholders OK NorandaFalconbridge deal; Q1 profit up 16% to US $176M | newratings.com
Noranda shareholders OK NorandaFalconbridge deal; Q1 profit up 16% to US $176M
Noranda shareholders OK NorandaFalconbridge deal; Q1 profit up 16% to US $176M
Wednesday, April 27, 2005 5:04:15 AM ET LexisNexis
www.newratings.com /analyst_news/article_797233.html   (144 words)

  
 Manager, Maintenance & Engineering   (Site not responding. Last check: 2007-11-02)
The successful candidate will have the potential to move within the company to other career challenges.
In addition to growth opportunities within the company, NorandaFalconbridge offers and attractive salary and comprehensive benefit package including relocation assistance.
If you are seeking a challenging opportunity with a dynamic company, please submit your resume in confidence to: Linda MacRae macrae-atwood@[EMAIL PROTECTED]
www.talkaboutjobhunting.com /group/can.jobs/messages/1101551.html   (468 words)

  
 The Marxist-Leninist Daily
Over one billion was invested in BC timberlands, Noranda and Falconbridge are being merged and retained, and now, surprise, there is an offer for Stelco through its subsidiary Tricap.
One logical explanation of Brascan's ownership of NorandaFalconbridge and Stelco is that the combination of a large sector of Canada's steel and base metal mining capacity in a single entity reflects the increasing socialization of modern industrial production.
Such an entity could be an integral part of building a modern Canadian economy which has nation-building as its foundation.
www.cpcml.ca /Tmld2005/D35076.htm   (7181 words)

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