CORPORATE ACTIVITY

Junior Middle Island Resources has varied the minimum acceptance condition for its takeover offer of fellow-listed Alto Metals from 90% to 50.1%.

The ASX-listed Middle Island on Wednesday said that all other conditions for the offer remained unchanged.

The share price of ASX-listed Flinders Mines rose by nearly 13% on Wednesday after the company scrapped plans to de-list from the ASX.

Flinders said that the decision to withdraw its revised de-listing application from the ASX followed after sharehold…

ASX-listed Mineral Resources will offer up to $750-million in senior unsecured notes due in 2027 to refinance its existing credit facilities.

The company on Tuesday reported that the notes would only be offered to qualified institutional buyers in th…

Thousands of jobs will be lost at Lonmin over a three-year period following its merger with Sibanye-Stillwater, the Association of Mineworkers and Construction Union has argued. The union has lodged an appeal before the Competition Appeal Court to set …

Takeover target Riversdale Resources is actively seeking alternate offers after an independent expert concluded that an offer from Australian iron-ore producer Hancock Prospecting is neither fair nor reasonable. Hancock in March announced a A$2.20-a-sh…

ASX-listed Lynas on Monday said that it would seek clarification from the Malaysian government over comments made by Prime Minister Mahathir Bin Mohamad over the company’s continuation of operations.

Mohamad over the weekend noted that the Malaysian g…

Aim-listed mining company Vast Resources has concluded a conditional sale contract for the proposed disposal, to Southern African Trade Finance (SATF), of its noncore 50.01% interest in Ronquil Enterprises – the holder of its Zimbabwe gold assets; and …

Aim-listed Bushveld Minerals has appointed Bertina Symonds GM of Bushveld Vametco and Hiten Ooka group finance head.

Symonds’ appointment combines the roles of CEO and COO into GM for the company’s Bushveld Vametco business, which owns the company’s …

Junior gold company Maximus Resources has urged shareholders to vote against a motion by shareholder Kesli Chemicals to remove three of the company’s directors.

Kesli, which owns more than a 5% interest in Maximus, in March issued the gold miner with …

The fate of a $10-billion mega-merger rests with Newmont Mining investors after Goldcorp shareholders overwhelmingly approved what could be the largest deal in gold mining history.

Greater than 97% of Goldcorp shareholders voted for the merger at a sp…