Lynas unable to confirm Lamp speculation

Rare earths miner Lynas on Wednesday said that despite media reports to the contrary, the company was unable to confirm if the appeal against its temporary operating licence would be resolved soon. Responding to media reports in Malaysia, which...

Northern Iron confirms Aditya Birla bid

ASX-listed Northern Iron has confirmed that it did receive a nonbinding takeover proposal from fellow listed Indian group Aditya Birla. Responding to an ASX query, Northern Iron said that at the end of November last year, the company took the...

Minemakers reigns in Indian speculation

ASX- and TSX-listed phosphate developer Minemakers on Monday clarified media speculation in India regarding the sale of an equity stake in its Wonarah project to Indian heavyweight NMDC Limited. Executive chairperson Andrew Drummond said that...

Woodside may sell minority stake in Browse

Australian oil and gas producer Woodside Petroleum on Friday confirmed that it was “assessing the potential sale” of a minority portion of its equity in the Browse liquefied natural gas (LNG) project, off the coast of Western Australia....

Extract consults ASIC on rekindled Chinese interest

Uranium developer Extract Resources confirmed on Tuesday that it had been consulted by and made submissions to the Australian Securities and Investment Commission (ASIC) regarding the terms and conditions for a possible “downstream offer” by...

Chinese take another bite, Mozambique rail options, Sallies may delist by June

China’s Minmetals Resources has offered to buy Anvil, a new study is examining options to boost Mozambique’s export infrastructure, Sallies’ delisting from the JSE is set to take place before the end of June 2012.

Minmetals bids $1.3bn for DRC copper miner Anvil

China’s Minmetals Resources has offered to buy ASX- and TSX-listed Anvil, which mines copper in the Democratic Republic of Congo (DRC), for $1.3-billion in cash. Anvil, which previously played down media speculation that it was the target of a...

Anvil responds to $1bn takeover speculation

ASX- and TSX-listed Anvil Mining on Thursday played down media speculation that it was the target of a $1-billion takeover from a Chinese firm, saying that it was unaware of “any undisclosed material developments” in respect to its business...

Intrepid dismisses merger rumours

ASX- and TSX-listed Interpid Mines on Wednesday dismissed media speculation that it was in merger discussions with fellow Indonesian miner G Resources. The company was responding to an article in the Australian Financial Review, which suggested...

Silver Lake in 'continuous' discussions with takeover parties

Australian gold miner Silver Lake Resources on Tuesday responded to media speculation regarding possible takeover or merger discussions, saying that it “continually assesses strategic options and holds discussions with industry participants”....

Lynas pushes back Malaysia plant to year-end, denies two-year delay

Rare earths developer Lynas on Friday denied speculation that its Lynas Advanced Materials Plant (LAMP) in Malaysia, could be delayed by a year or two. Earlier this week, the Malaysian government imposed a number of recommendations on the LAMP to...

Fortis quashes speculation about more Kazakhstan deals

Minerals explorer Fortis Mining on Friday doused media speculation that it was looking at further investments or acquisitions in Kazakhstan, following its $260-million plan to acquire and develop two potash mines in the region. Responding to an...