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Vol. 11, No. 5 Week of January 29, 2006
Providing coverage of Alaska and Northwest Canada's mineral industry


MINING NEWS: Barrick’s acquisition of Placer Dome bodes well for Alaska

J.P. Tangen

The author, J.P. Tangen has been practicing mining law in Alaska since 1975. He can be reached at jpt@jptangen.com or visit his Web site at www.jptangen.com. His opinions do not necessarily reflect those of the publishers of Mining News and Petroleum News, but they frequently do reflect the opinions of pro-industry groups such as the Alaska Miners Association and the Resource Development Council of Alaska.

When I heard that Barrick Gold Corp. had made an unsolicited offer on Oct. 31, 2005, to purchase Placer Dome Inc. my first move was to purchase 100 Barrick shares. Although the acquisition was initially rejected, on Dec. 22 a follow-up offer was greeted more favorably. This appears to be a fortuito....

    [additional news subjects in this story]

Alaska on edge of great leap

With Donlin, mining industry could hit $4 billion


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