Gold miner Ramelius Resources on Thursday said that it will not be increasing its offer for fellow-listed Spectrum Metals, but has extended the offer period until May 29. Ramelius earlier this year launched its takeover offer for Spectrum Metals, offer…
Spectrum offer final – Ramelius Read More »
ASX-listed TerraCom will start with the compulsory acquisition of the remaining shares in South Africa-focused coal miner Universal Coal, after securing a majority stake in the takeover target. TerraCom on Thursday said that its interest in Universal h…
TerraCom to issue squeeze notices to Universal hold-outs Read More »
ASX-listed New Century Resources resumed share trading on Thursday after announcing the successful completion of institutional component of its entitlement offer, raising an initial A$5.1-million.
The fully underwritten two-for-seven pro rata acceler…
New Century resumes share trade Read More »
ASX-listed Independence Group will take an 18.4% stake in base metals miner New Century Resources as part of that company’s A$51.1-million capital raise.
New Century on Tuesday said that the capital raise will consist of a share placement and fully u…
Independence takes major stake in New Century Read More »
Takeover target Alto Metals has urged shareholders to reject a takeover offer from shareholder Goldsea Group, after the suitor declined to waive a minimum acceptance condition to the offer.
Goldsea in March lodged a bidder’s statement offering 6.5c a …
Alto doubts Goldsea success Read More »
Takeover target Alto Metals on Thursday confirmed that it was in talks with privately held Adaman Resources around the potential divestment of its Sandstone project, but denied that it had received a competing takeover offer from the company.
Alto wa…
Alto denies counter offer from new shareholder Read More »
Junior Blackstone Minerals has exercised its option to acquire a 90% interest in the Ta Khoa nickel/platinum group metals project, in Northern Vietnam.
The company in May last year inked an option agreement with owner AMR Nickel to acquire a 90% stake…
Blackstone exercises option in Vietnam Read More »
The shareholders of Canadian takeover target Advantage Lithium have overwhelmingly voted in favour of a takeover from dual listed lithium miner Orocobre.
Orocobre in February inked a definitive agreement to acquire Advantage, offering that company’s s…
Advantage shareholders back Orocobre play Read More »
Gold miner Centerra has turned down a $205-million offer for its 50% interest in the Greenstone Gold Mines (GGM), partner Premier Gold Mines announced on Thursday.
Premier confirmed the offer on March 30 and explained that it had assigned its rights t…
Premier’s $205m offer for Hardrock snubbed Read More »
The shareholders of ELB Group, which was originally listed on the JSE as EL Bateman as long ago as 1930, have been advised that the business forecast for the company’s wholly owned ELB Engineering Services has not materialised, which has placed unsusta…
Business rescue commences for ELB Engineering Services Read More »
