R/€ = 16.23 Change: -0.12
R/$ = 14.36 Change: -0.19
Au 1239.01 $/oz Change: -6.88
Pt 788.74 $/oz Change: -15.15


Eramet to acquire remaining MDL shares

By: Esmarie Iannucci     6th August 2018 French group Eramet will start the compulsory acquisition of all the remaining shares in ASX-listed Mineral Deposits, after gaining a 99.24% interest in the company at the close of its takeover offer on August 3. Eramet had offered MDL shareholders A$1.75 a share in cash for their interest in... 

French metals group Eramet warns favourable outlook could be dented by trade rows

By: Reuters     24th July 2018 A sharp rise in manganese ore and nickel prices helped Eramet post higher profits in the first half of the year, but the French metal and mining group warned on Tuesday that current favourable markets could be hurt by global trade tensions.In an interim results statement on Tuesday, Eramet... 

Eramet to replace MDL board after gaining major share

By: Esmarie Iannucci     11th July 2018 French firm Eramet has extended the takeover offer period for its joint venture (JV) partner Mineral Deposits (MDL) until July 24, flaunting a 63.87% interest in the ASX-listed company. The directors of MDL this week unanimously recommended the revised takeover offer from Eramet, after the... 

MDL urge acceptance of Eramet offer

By: Esmarie Iannucci     10th July 2018 Takeover target Mineral Deposits (MDL) has urged shareholders to accept the revised offer from joint venture partner Eramet. Eramet earlier this month declared its offer for MDL unconditional, while maintaining the offer price of A$1.75 a share in cash for each MDL share held, saying it will not... 

Eramet ups MDL offer

By: Esmarie Iannucci     13th June 2018 French suitor Eramet has increased its offer for ASX-listed Mineral Deposits (MDL) from A$1.46 a share to A$1.75 a share, increasing MDL’s valuation from A$291-million to A$322-million. Eramet told MDL shareholders that the increased offer, which would close on July 13, would not be increased in... 

Mineral Deposits investor says won't take Eramet bid as market eyes better offer

By: Reuters     8th June 2018 The second-largest investor in Australia's Mineral Deposits said it would not accept a takeover bid by Eramet SA, as Mineral Deposits' shares surged, signalling investors expect the French miner to make a higher offer. Eramet made an all-cash takeover bid for its joint venture partner in a mine... 

MDL urges shareholders to reject offer from French suitor

By: Esmarie Iannucci     10th May 2018 Takeover target Mineral Deposits (MDL) on Thursday urged shareholders to reject an offer from its joint venture (JV) partner, Eramet. The French mining and metallurgy company last month launched an offmarket takeover offer for MDL, offering shareholders A$1.46 a share in cash for their interest... 

MDL restarts TiZir production

By: Esmarie Iannucci     1st February 2017 The TiZir titanium and iron project, in Norway, has started chloride titanium slag and high purity pig iron production, following a furnace restart on January 7. ASX-listed Mineral Deposits Limited (MDL) said on Wednesday that both products were to required specifications and were produced using... 

Grande Côte reports first full production quarter

By: Esmarie Iannucci     21st July 2014 ASX-listed mineral sands miner Mineral Deposits Limited (MDL) has produced 11 463 t of ilmenite from its 50%-held Grande Côte project, in Senegal, during its first full quarter of production. Construction at Grande Côte was completed in the March quarter, and mining at the project started late... 

Mineral Deposits ramps up Senegal plant

By: Esmarie Iannucci     23rd June 2014 ASX-listed mineral sands miner Mineral Deposits on Monday reported that the ramp-up of its Grande Cote project, in Senegal, was advancing ahead of design. Mining at the project first started in late March this year, with sand being processed through the wet concentrator plant. However, in... 

Mineral Deposits sells Teranga stake

By: Esmarie Iannucci     15th January 2014 Mineral sands miner Mineral Deposits has sold off its shareholding in ASX- and TSX-listed Teranga Gold for $20-million. In 2010, Teranga acquired the Sabodala gold mine and regional exploration package in Senegal by way of a demerger from Mineral Deposits. As part of the demerger, Mineral... 

Mineral Deposits says Senegal mineral sands project progressing

By: Esmarie Iannucci     14th August 2012 Despite the current volatile market conditions, mineral sands miner Mineral Deposits told shareholders that its Grande Côte project, in Senegal, had remained insulated from cost inflation. In its financial results for the six months to June, the miner said that nearly $300-million of the... 

Mineral Deposits to delist from TSX

By: Esmarie Iannucci     14th June 2012 Heavy mineral sands producer Mineral Deposits on Thursday announced that it has applied for a voluntary delisting from the TSX. Subject to confirmation from the TSX, Mineral Deposits would delist from the bourse at the close of business on June 29. 


Latest News


Latest Videos



Mining Weekly is a product of Creamer Media.

Other Creamer Media Products include:
Engineering News
Research Channel Africa

Read more


We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store


Advertising on is an effective way to build and consolidate a company's profile among clients and prospective clients. Email

View options
Free daily email newsletter Register Now