Takeover target Kidman Resources has entered into a scheme implementation deed with ASX-listed Wesfarmers, following a due diligence period.
Wesfarmers earlier this month launched a non-binding and conditional A$776-million cash offer for Kidman, mar…
Kidman board backs Wesfarmers’ A$776M bid for lithium firm Read More »
Takeover target Kidman Resources has entered into a scheme implementation deed with ASX-listed Wesfarmers, following a due diligence period.
Wesfarmers earlier this month launched a non-binding and conditional A$776-million cash offer for Kidman, mar…
Kidman board backs Wesfarmers’ A$776m bid for lithium firm Read More »
Junior Consolidated Tin Mines has raised an additional A$4-million through a share placement to a new international investor.
The placement to Chinese investor Tiesong Duan was in addition to the placement to Wealth Pointer Global, which took place in…
Consolidated Tin Mines adds to war chest Read More »
Serbia-focused Tethyan Resources has announced that it will redomicile the company from England and Wales to British Columbia, Canada, to avoid the UK stamp duty tax.
The UK stamp duty tax – a tax of 0.5% payable to HM Revenue and Customs Stamp Office…
Tethyan to redomicile from UK to Canada Read More »
Toronto-headquartered Barrick Gold has presented a proposal to its London-listed subsidiary Acacia Mining to buy the rest of the shares in the miner that it does not already own for $285-million.
The share-for-share exchange of 0.153 Barrick shares fo…
Barrick bids for rest of Acacia as Tanzania refuses direct settlement Read More »
ASX-listed Nickel Mines has secured an $80-million funding package from Decent Investment International Private, an associate of the company’s operating partner Shanghai Decent Investment, to fund its increased stake in the Ranger nickel project, in I…
Nickel Mines finds funding, amends Ranger deal Read More »
The administrators of embattled WPG Resources have adjourned a second meeting of the company’s creditors to consider two additional takeover offers.
WPG went into administration in 2018 following a default on a A$20-million debt facility.
WPG administrators weigh more offers Read More »
Sibanye Gold reiterated that its increased offer for Lonmin Plc is final, but kept its option open to sweeten the deal for the platinum producer should a rival bid emerge.
While its current offer “is final and will not be increased", the company “…
Sibanye keeps option to increase Lonmin offer against rival bid Read More »
Junior AuStar Gold has paused its takeover plans for embattled Centennial Mining, following discussions with that company’s administrators.
AuStar in May revealed its intentions to make a takeover offer for Centennial, which holds the A1 gold mine, a…
AuStar rethinking Centennial plans Read More »
ASX-listed Metminco has signed a binding bid implementation agreement with Colombia-focused Andes Resources to enact a merger agreement reached in March this year.
Under the terms of the off-market agreement Metminco would issue 25 of its own shares f…
Metminco enacts Andes merger Read More »
