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Takeover bids

Liontown
Leadership changes, Lithium, News, Takeover bids

Liontown appoints new CFO

Liontown Resources has announced the appointment of Jon Latto as chief financial officer (CFO). Read More
Timothy BondApril 28, 2023, 8:27 amApril 28, 2023
Coal, Copper, News, Takeover bids

Glencore’s Teck takeover may become a reality

Teck Resources has withdrawn its proposal to split the company, which industry experts say may cause Glencore to attempt another takeover offer. Read More
Timothy BondApril 27, 2023, 9:11 amApril 27, 2023
The Australian Federal Court has approved BHP’s $9.6 billion takeover of OZ Minerals in the final step toward completing the acquisition.
BHP, Copper, Gold, News, OZ Minerals, Takeover bids

What happens to workers in the OZ Minerals takeover?

With the final hurdle of BHP’s takeover of OZ Minerals having been cleared, some from the OZ Minerals team change sides, others walk away, and many wonder what comes next. Read More
Timothy BondApril 26, 2023, 10:53 amMay 3, 2023
genesis minerals
BHP, Critical minerals, Mineral Resources, Newcrest, Newmont, News, Norwest, OZ Minerals, Quarterly and half yearly results, Takeover bids

March quarter big for mergers

Australia has become the hot spot for mergers and acquisitions (M&A) within the resources sector for the March quarter of the 2023 financial year. Read More
Olivia ThomsonApril 26, 2023, 10:07 amApril 26, 2023
Lithium, Mineral Resources, News, Takeover bids

MinRes stifles IGO’s lithium takeover

Mineral Resources (MinRes) has derailed a takeover attempt by IGO and Tianqi. Read More
Timothy BondApril 21, 2023, 10:12 amApril 24, 2023
BHP, Coal, Copper, Gold, Iron ore, News, Quarterly and half yearly results, Takeover bids, Tomginley gold mine

Solid results for BHP and Alkane

BHP and Alkane Resources have released strong quarterly results. Read More
Timothy BondApril 21, 2023, 8:57 amApril 21, 2023
Mineral Resources, News, Norwest, Takeover bids

MinRes acquires majority of Norwest

Mineral Resources (MinRes) has acquired all the issued fully paid ordinary shares of Norwest Energy that it did not previously own, acquiring an interest in over 80 per cent of Norwest shares. Read More
Olivia ThomsonApril 18, 2023, 9:38 amApril 18, 2023
St Barbara has navigated the storms of the past year to achieve FY22 guidance and deliver a respectable underlying profit.
Gold, News, Takeover bids

Genesis assumes control of Leonora

A recent $600 million agreement between gold miners Genesis Minerals and St Barbara will see Genesis assume control of St Barbara’s Leonora operation. Read More
Alexandra EastwoodApril 18, 2023, 8:54 amApril 18, 2023
The Australian Federal Court has approved BHP’s $9.6 billion takeover of OZ Minerals in the final step toward completing the acquisition.
BHP, News, OZ Minerals, Takeover bids

BHP passes final hurdle for OZ Minerals takeover

The Australian Federal Court has approved BHP’s $9.63 billion takeover of OZ Minerals in the final step toward completing the acquisition. Read More
Alexandra EastwoodApril 18, 2023, 8:34 amApril 18, 2023
OZ Minerals Prominent Hill
BHP, News, OZ Minerals, Takeover bids

BHP gets OZ Minerals shareholder approval

After months of speculation that OZ Minerals shareholders may reject the $9.63 billion takeover offer, BHP has announced that the shareholders have voted to approve the acquisition. Read More
Alexandra EastwoodApril 14, 2023, 8:56 amApril 14, 2023
newcrest, cadia hill, mine
Copper, Gold, Newcrest, Newmont, News, Takeover bids

Newmont makes “best and final” offer for Newcrest

Newmont has raised its takeover bid for ASX-listed Newcrest to $29.4 billion, which the US gold giant has labelled its best and final proposal.    Read More
Timothy BondApril 12, 2023, 10:35 amApril 12, 2023
Coal, Copper, Gold, News, Oil & Gas, Takeover bids

Glencore raises the stakes in Teck takeover

Glencore has added $US8.2 billion in cash to its initial $US23 billion takeover offer for Canadian miner Teck Resources.   Read More
Timothy BondApril 12, 2023, 10:27 amApril 12, 2023
Vietnam’s Competition and Consumer Authority has approved BHP’s acquisition of OZ Minerals, pushing BHP one step closer to completing the takeover.
BHP, News, OZ Minerals, Takeover bids

BHP clears latest hurdle in OZ takeover

Vietnam’s Competition and Consumer Authority has approved BHP’s acquisition of OZ Minerals, pushing the Big Australian one step closer to completing the takeover. Read More
Alexandra EastwoodApril 12, 2023, 8:58 amApril 12, 2023
News, Takeover bids

Wyloo sticks with Mincor after nickel setbacks

Wyloo Metals is proceeding with its plans to take over Mincor Resources, saying its $760 million offer is its “best and final”.   Read More
Timothy BondApril 4, 2023, 11:14 amApril 4, 2023
mining cash
Coal, Copper, News, Oil & Gas, Takeover bids

Teck turns down multi-billion-dollar merger with Glencore

Canadian zinc and copper miner Teck Resources has rejected a $US23 billion ($34 billion) merger with Glencore, saying it’s reluctant to expose shareholders to risky oil and thermal coal assets. Read More
Timothy BondApril 4, 2023, 10:54 amApril 4, 2023
Liontown
Lithium, News, Takeover bids

Why did Liontown reject the Albemarle takeover?

On Monday, lithium company Albemarle submitted a non-bonding proposal to acquire all outstanding shares of Liontown Resources – a battery metals exploration and development company – for a cool $5.2 billion.   Read More
Timothy BondMarch 29, 2023, 9:17 amMarch 29, 2023
capricorn, flooding, water
News, Takeover bids

Sibanye extends helping hand to New Century

Sibanye-Stillwater will provide $30 million in relief to New Century after its Century mine in Queensland was forced to suspend operations due to high rainfall. Read More
Alexandra EastwoodMarch 24, 2023, 9:35 amMarch 24, 2023
Mincor
Andrew Forrest, Fortescue, News, Takeover bids

Mincor holds out for a better offer

The Mincor Resources board has recommended its shareholders take no action after mining magnate Andrew Forrest bid $760 million for the company. Read More
Alexandra EastwoodMarch 22, 2023, 8:37 amMarch 22, 2023
New Century
Mining insights, News, Takeover bids

Sibanye, New Century takeover still on despite mine suspension

Sibanye-Stillwater has stepped in to help New Century get back on its feet after heavy rainfall forced the suspension of its Century mine in north-west Queensland. Read More
Alexandra EastwoodMarch 20, 2023, 8:52 amMarch 20, 2023
Newcrest
Copper, Gold, Newcrest, Newmont, News, Takeover bids

Newmont and Newcrest to meet for the first time

Following weeks of silence, Newcrest Mining and Newmont Corporation plan to meet to discuss the path for a potential multi-billion-dollar takeover.   Read More
Staff WriterMarch 15, 2023, 9:16 amApril 14, 2023

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