Metals magnate Sanjeev Gupta has written to the shareholders of ASX-listed Havilah Resources, saying his company, GFG Alliance, had no intention of replacing the company’s management team and committed his business to a long-term partnership with the A…
Gupta steps into Havilah fray Read More »
Gold miner Gold Fields has sold more than 87.11-million of its shares in joint venture (JV) partner Gold Road Resources for A$126.3-million.
Gold Fields has told Gold Road that the share sale, which was conducted through an underwritten book build pro…
Gold Fields sells its stake in JV partner Read More »
Anglo American has appointed Goldman Sachs as its principal for buying back its shares on the JSE and UK trading venues, in line with the proportion of Anglo’s shareholder register in South Africa and the UK. Anglo announced in July that it planned to …
Anglo appoints Goldman Sachs to assist with $1bn share buyback Read More »
Canadian company Platinum Group Metals (PTM) has closed its bought deal financing deal with BMO Capital Markets.
PTM has sold roughly 8.3-million common shares to BMO at a price of $1.25 apiece for gross proceeds of about $10.4-million.
PTM finalises three private placements to reduce debt Read More »
ASX-listed Wesfarmers has abandoned it’s A$1.5-billion takeover of rare earths miner Lynas, after failing to engage Lynas in talks.
Wesfarmers in March announced its conditional, non-binding indicative proposal for Lynas, under which shareholders were…
Wesfarmers shuts the book on Lynas deal Read More »
ASX-listed Havilah Resources has turned to the Takeovers Panel seeking orders that former director and company co-founder Dr Bob Johnson be barred from voting at a shareholder meeting to decide a A$100-million placement to Sanjeev Gupta’s GFG Alliance,…
Havilah facing shareholder difficulty Read More »
Base metals hopeful New Century Resources has struck a landmark royalty deferral agreement with the Queensland government, providing for the initial deferral of state government royalties for a period of three years.
Under the agreement, New Century …
New Century signs landmark royalty agreement Read More »
Global industrial company Metso has decided to close down its foundry operation, in Isithebe, KwaZulu-Natal, by the end of September.
The company in June announced that it had started considering available alternatives for the operation, as part of t…
Metso to close Isithebe foundry Read More »
The shareholders of Africa-focused copper developer MOD Resources will meet on October 1 to vote on the A$167-million takeover offer from fellow-listed Sandfire Resources, after the Supreme Court of Western Australia approved the transaction.
Sandfire…
MOD readies to vote on Sandfire deal Read More »
ASX-listed Alliance Resources have urged shareholders not to respond to a takeover offer from Gandel Metals, until the company has had time to assess the offer.
Gendal earlier this week launched a A$0.14 a share takeover offer for Alliance, valuing th…
Alliance gets an offer from Gandel Read More »
