Junior explorer White Cliff Minerals is looking to monetize its non-core Western Australian assets, following a strategic review.
The company told shareholders that it has started discussions with various partners regarding its non-core assets, with…
White Cliffs looks at options for WA projects Read More »
TSX-V-listed Cornerstone has told its potential suitor that it will not be successful in a takeover of the company, after LSE- and TSX-listed explorer SolGold on Friday announced for the second time its intention to make an offer for Cornerstone.
SolG…
Cornerstone tells SolGold that its proposed offer will not succeed Read More »
Australian company SolGold on Friday expressed its frustration at the rejection of its planned bid for Canadian firm Cornerstone – a company that holds 15% of the Cascabel copper/gold project in Ecuador.
Cornerstone rejected the intended offer meant to…
SolGold disappointed by Cornerstone’s quick snub Read More »
Financial services company Investec has acquired a further interest in the ordinary shares of Sibanye-Stillwater, taking its overall shareholding to about 5.19% of the company’s issued shares.
It previously held 4.91% of Sibanye’s shares.
Investec lifts Sibanye shareholding to about 5.19% Read More »
JSE- and LSE-listed platinum-group metals (PGMs) and chrome producer Tharisa on Wednesday started trading on A2X Markets.
This is the company’s secondary listing in South Africa, with its primary listing on the JSE. Its LSE listing also remains.
Tharisa starts trading on A2X Read More »
Gold miner Ramelius Resources has gained a 90% foothold in takeover target Explaurum, with the offer to close on February 22. Ramelius in December increased its offer for Explaurum by 2c a share in cash, and was offering Explaurum shareholders one of i…
Ramelius to start compulsory acquisition of Explaurum Read More »
Mitsui & Co on Friday cut full-year profit forecast by 2% due to the absence of a dividend from Vale, but the Japanese trading house does not plan to change its holding in the Brazilian miner, a company executive said.
With 110 people confirmed de…
Japan’s Mitsui trims FY profit outlook, to keep stake in Vale Read More »
Aurora Funds Management has again downgraded the valuation of its shareholding in ASX-listed Molopo Energy, following that company’s quarterly results for December.
Aurora in September of last year announced that the fair value of its holding in Molop…
Aurora takes an axe to Molopo valuation Read More »
When the US lifted sanctions on United Co. Rusal, the conditions imposed on billionaire Oleg Deripaska provided relief for rival Russian tycoon Vladimir Potanin.
The two magnates have waged a decade-long battle for control of Russian mining giant MMC …
Sanctions relief for Deripaska’s Rusal cheers rival tycoon Read More »
London-listed Chaarat has completed the $55-million acquisition of Kapan Mining and Processing from fellow-listed Polymetal International.
Of the total consideration of $55-million, $10-million was settled on completion in convertible loan notes and $…
Kapan boosts Chaarat’s forecast output to 65Moz Read More »
