Ahead of Albemarle’s $6.6 billion takeover of Liontown Resources, Gina Rinehart’s Hancock Prospecting has increased its strategic stake in Liontown to 16.7 per cent.
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Gina Rinehart’s Hancock Prospecting has increased its strategic stake in Liontown Resources to 12.4 per cent ahead of Albemarle’s $6.6 billion takeover.
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Independent firms Institutional Shareholder Services and Glass Lewis have recommended for Newmont shareholders to vote ‘for’ its proposed acquisition of Newcrest.
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A court hearing in Perth has approved Mineral Resources (MinRes) acquiring the Bald Hill lithium mine in Western Australia from its administrators.
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Ring of Fire Metals, Wyloo Metals and Mincor Resources will unify under the brand name Wyloo, becoming the largest pure-play nickel company outside of Russia.
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The Federal Court of Australia has approved a scheme of arrangement for Perenti to acquire 100 per cent of shares in mineral drilling contractor DDH1.
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Ramelius Resources has announced it has acquired over 90 per cent of shares in Musgrave Minerals’ and seen a 28 per cent mineral resource increase at its Penny gold mine in WA.
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Albemarle’s takeover offer of Liontown Resources is still on the table, despite no discussions between the two companies taking place in five months.
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QMines has executed a term sheet to acquire a 100 per cent interest in the Develin Creek copper-zinc-silver project from Zenith Minerals for total consideration of $4.5 million in cash and shares.
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