Minemakers board rejects UCL offer

The directors of ASX- and TSX-listed Minemakers have unsurprisingly advised shareholders to reject a counter-takeover offer from joint venture (JV) partner UCL Resources. At the end of last week, UCL launched a takeover offer from Minemakers,...

NMDC seeks Wonarah extension after failing due diligence schedule

After failing to complete a due diligence within the schedule timeframe, Indian miner NMDC Limited was seeking an extension of its exclusive negotiating agreement with ASX- and TSX-listed Minemakers to acquire a 50% stake in its Wonarah phosphate...

EIA submitted for Namibia marine phosphates project

ASX- and TSX-listed Minemakers has submitted a draft environmental-impact assessment (EIA) and draft environmental management plan (EMP) for the marine component of its proposed Sandpiper phosphate project, in Namibia. The report, lodged with the...

Minemakers now owns majority stake in Bonaparte

ASX-listed Minemakers has acquired a 50,5% stake in phosphate explorer Bonaparte, under its off-market takeover offer for the Namibia-focused exploration company. Minemakers now had majority control of Bonaparte. As a result of the Minemakers...