Peel and CBH sign farm-in in NSW

ASX-listed Peel Mining has signed an agreement with fellow listed CBH Resources to explore Peel’s Mallee Bull copper/polymetallic discovery, in New South Wales. Under the terms of the agreement, CBH could earn an interest of up to 50% in two...

Venturex offers A$26m for WA copper/zinc project

ASX-listed Venturex Resources has entered into a conditional agreement with CBH Resources to buy the Panorama copper/zinc project, in Western Australia, for A$26,2-million in cash. The agreement also included an accompanying zinc offtake...

Toho’s offer for CBH Resources ‘fair’

Independent expert Grant Thornton on Monday advised ASX-listed CBH Resources that the takeover offer from its majority shareholder, Toho Zinc, was “fair and reasonable”. Toho was offering CBH shareholders a cash consideration of A$0,24 a...

Nyrstar won’t increase offer for CBH

Belgium-based Nyrstar on has no intention of raising its offer for Australian takeover target CBH Resources, it reported on Wednesday, However, company CEO Roland Junck said in a presentation that the company would closely monitor the...

CBH directors back Toho takeover offer

A committee of independent directors of takeover target CBH Resources on Tuesday advised shareholders to accept a revised takeover proposal from major shareholder Toho Zinc, for all the shares and convertible notes of CBH, which it did not already...

CBH requests trading halt

Australian resources company CBH Resources has asked for a trading halt on Friday, saying that it was in discussions which could lead to a resolution around the recent bidding war initiated by major shareholder Toho Zinc and Belgium-based...

Nyrstar concludes CBH due diligence

Belgium-based Nyrstar has successfully concluded its due diligence of takeover target CBH Resources, which formed part of its proposed takeover offer for the ASX-listed resources company. Nyrstar said on Wednesday that it now required a...

Toho Zinc raises CBH bid by 20%

Mineral resources developer CBH Resources, the target of a bidding war between shareholder Toho Zinc and Belgium’s Nyrstar, has received a sweetened offer from its largest shareholder. Toho Zinc has improved its takeover offer for CBH by 20%,...

CBH sees higher Q4 output from Endeavour mine

Takeover target CBH Resources has reported “continued excellence” from its Endeavour zinc/lead/silver mine, in New South Wales, during the third quarter ended March. The mine produced 13 677 t of zinc-in-concentrate and 8 269 t of...

Toho Zinc rejects Nyrstar latest CHB offer, punts own proposal

The largest shareholder of mineral resources developer CBH Resources, Toho Zinc, on Wednesday said that the takeover offer presented by Belgium-based Nyrstar was “incomplete”, “non-binding”, and “highly conditional”. Nyrstar this week...

Daily podcast – April 12, 2010

Western Australian Mines and Petroleum Minister Norman Moore meet with BHP Billiton over the "continuing" safety problems at the Leinster operations; and US President Barack Obama demands accountability after four missing West Virginia coal miners...

Nyrstar improves takeover offer for CBH

Belgium-based Nyrstar has upped its offer for ASX-listed CBH Resources to A$0,195 a share, after CBH rejected the previous bid in March, in favour of a deal with majority shareholder Toho Zinc. Nyrstar has already sweetened its offer for CHB...