The Minister of Mines for the Democratic Republic of Congo (DRC) has approved Chinese metals trader Chengtun Mining Group’s A$109.5-million cash offer for copper junior Nzuri Copper.
Chengtun Mining is offering Nzuri shareholders 37c a share for their…
DRC Minister backs Nzuri deal Read More »
Suitor Middle Island Resources has warned that a defeating condition has been triggered for its takeover offer of fellow-listed Alto Metals, after Alto announced a capital raise earlier this month.
Alto has previously said that it would raise A$600 00…
Middle Island issues a warning to Alto Read More »
Iron-ore miner Hancock Prospecting has increased its cash offer for unlisted Canadian coal company Riversdale Resources from A$2.20 a share to A$2.70 a share.
Hancock, which currently holds a 40.43% stake in Riversdale, said this week that the increa…
Canada’s Riversdale unimpressed by sweetened Hancock offer Read More »
Iron-ore miner Hancock Prospecting has increased its cash offer for unlisted Canadian coal company Riversdale Resources from A$2.20 a share to A$2.70 a share.
Hancock, which currently holds a 40.43% stake in Riversdale, said this week that the increa…
Canada’s Riversdale unimpressed by sweetened Hancock offer Read More »
TSX-listed Hudbay Minerals announced on Friday that it had reached an agreement with shareholder Waterton Global Resource Management and that the two parties would put forward a slate of 11 board members for election at the upcoming shareholders meetin…
Hudbay and Waterton settle board differences Read More »
ASX-listed junior AuStar Gold on Friday revealed intentions to make a takeover offer for embattled Centennial Mining.
Centennial Mining went into voluntary administration in March this year, after failing to complete an audit and recapitalization plan.
AuStar weighing buy of neighbour Centennial Read More »
Multi-listed First Cobalt has applied for removal from the official list of the Australian Bourse, with the company’s CHESS depository interests (CDI’s) likely to cease trading by June 13, with delisting expected by June 20.
First Cobalt told sharehol…
First Cobalt to delist from ASX Read More »
Junior Sipa Resources on Thursday announced htat shareholder Ervin Vidor had increased his stake in the company to 17.6%, following the acquisition of another 122-million shares.
The A$819 840 in proceeds raised from the share placement will be used t…
Sipa shareholder takes greater stake Read More »
Resources investment firm Cape Lambert has resumed trading on the ASX after issues around its Kipushi cobalt/copper tailings project, in the Democratic Republic of Congo, was cleared.
Cape Lambert holds a 50% interest in the Kipushi tailings project,…
Cape Lambert resumes trading as DRC issues are solved Read More »
South Africa-headquartered miner Gold Fields has invested C$8-million in Canadian junior Chakana Copper, which is advancing copper and gold prospects in the Peruvian Andes.
Through Gold Fields Nazca Holdings, Gold Fields agreed to subscribe for and p…
Gold Fields invests in Peru-focused junior Read More »
