Mirabela sets sights on A$120m raising

ASX- and TSX-listed nickel miner Mirabela Nickel has launched a A$120-million equity raising through a strategic placement to the Resource Capital Fund, and an accelerated pro-rata nonrenounceable entitlement offer. The strategic placement to...

Magma persists in rejecting Panoramic offer

Takeover target Magma Metals on Wednesday lashed out at ASX-listed Panoramic Resources’ efforts to persuade shareholders to accept the offer. In February, Magma Metals labelled the takeover offer as “opportunistic”, advising shareholders to...

Company Announcement: Operational Update- Strong quarterly production

Leading Kambalda nickel miner Mincor Resources NL today confirmed the ongoing strength of its operational turn-around, releasing healthy production numbers for the March Quarter and flagging a strong near-term outlook.

Company Announcement: Announces Interim Profit, Maintains Dividend

Australian nickel miner Mincor Resources NL (ASX: MCR) is pleased to report a return to profitability for the halfyear to December 2011, despite the headwinds of a soft nickel price and strong Australian dollar. Mincor delivered a net profit after...

Magma labels Panoramic offer opportunistic

ASX-listed Magma Metals on Monday labeled a takeover offer by fellow listed Panoramic Resources as “opportunistic”, and has advised shareholders to hold off on taking any action. At the start of this month, nickel miner Panoramic launched an...

Western Areas Q1 nickel output, sales drop

Australia-based nickel miner Western Areas on Thursday reported a 10% fall in production and a 30% drop in sales for the September quarter, but said stockpiles have increased to 8 132 t. The company, which is listed on the ASX and TSX, said its...

Glencore launches mandatory offer for remaining Minara shares

Trading of shares in nickel miner Minara Resources was suspended on the ASX on Friday as Glencore International launched its compulsory offer for the rest of the company, after obtaining more than 97% shareholding. Glencore made an all-cash offer...

Glencore ups shareholding in Minara to over 90%

International mining house Glencore has taken majority ownership of ASX-listed nickel miner Minara Resources, now holding a 91.46% stake in the company. Earlier this year, Glencore made an all-cash offer of 87c a share to Minara shareholders.

Glencore ups shareholding in Minara

International mining house Glencore has increased its shareholding in Australian nickel miner Minara Resources to 83.91% after Minara’s directors recommended the offer to shareholders. Glencore has now urged Minara shareholders to accept the...

Company Announcement: Strong Operational Performance Continues

Australian nickel miner Mincor Resources announces that the strong turnaround in its operational performance begun in July has continued into August

Glencore mulls takeover of Australian nickel miner

International mining house Glencore International said on Wednesday that it would make a power play for ASX-listed nickel miner Minara Resources. Glencore would offer Minara shareholders A$0.87 a share in cash, valuing the Australian company at...

Company Announcement: Financial results for year ending 30 June 2011

Attached please find a press release on: Australian nickel miner Mincor Resources NL (ASX: MCR) has maintained its unbroken record of dividend payments despite reporting a loss for the year ended 30 June 2011. The final 2 cents per share dividend...