ASX-listed Mineral Commodities (MRC) has struck a $9.2-million share purchase agreement with Skaland Graphite AS to acquire the Trælen graphite mine and the Skaland processing plant, in Norway. MRC would pay an initial cash consideration of $4.8-millio…
MRC to buy Norway’s largest flake graphite producer Read More »
Lithium miner Galaxy Resources has appointed Simon Hay as its new CEO, effective from July 1. Hay, who is currently head of resource development at ASX-listed Iluka, will replace Anthony Tse. In addition to his history at Iluka, Hay has also held senio…
Galaxy taps Simon Hay as new CEO Read More »
ASX-listed Metallica Minerals is facing a legal battle with suspended CEO and former MD Simon Slesarewich, who has brought a claim against the company in relation to his employment.
The Metallica board in February suspended Slesarewich, after announci…
Metallica facing tussle with suspended CEO Read More »
ASX-listed Capricorn Metals on Tuesday flagged an unsolicited possible takeover offer from a consortium between Emerald Resources and Hawkes Point Holdings.
Capricorn told shareholders that it had received a nonbinding indicative and incomplete letter…
Capricorn unimpressed by proposed bid, opens data room to others Read More »
ASX-listed Jervois Mining has struck a friendly merger agreement with TSX-listed eCobalt.
Under the terms of the agreement, each eCobalt share will be exchanged for 1.65 common shares in Jervois, representing an implied offer price of C$0.36 a eCobalt…
Jervois gains US project with eCobalt merger Read More »
Miner Teck Resources on Monday announced the closing of the acquisition by Japan’s Sumitomo of a 30% indirect interest in its Quebrada Blanca Phase 2 (QB2) project, in Chile.
Following closing of the transaction, Teck holds a 60% indirect interest in …
Teck and Sumitomo wrap up QB2 transaction Read More »
Australia’s Wesfarmers Ltd remains keen on buyout talks with rare earths miner Lynas Corp Ltd, the retail-to-chemicals conglomerate said on Friday, despite its A$1.4-billion ($992-million) approach being rejected earlier this week.
The comments fores…
Australia’s Wesfarmers hints takeover battle for Lynas not over Read More »
Global mining and inorganic chemicals company Tronox Holdings has expanded its board to ten people, following the completion of its re-domiciliation to the UK, from Australia.
The company’s new board appointments include Australian businesswoman, Vane…
Tronox now domiciled in the UK, expands board Read More »
The Supreme Court of Western Australia has approved the merger between gold miners Doray Minerals and Silver Lake Resources.
Doray shareholders earlier in month voted in favour of the merger to create an enlarged gold miner with two gold projects in W…
Court approves Doray merger Read More »
ASX-listed Lynas on Wednesday told shareholders that after evaluating the indicative non-binding and highly conditional takeover proposal from fellow listed Wesfarmers, the company has taken the decision not to engage with the suitor on the terms outli…
Lynas snubs A$1.5bn Wesfarmers offer Read More »
