Nyrstar agrees to buy Canada's Breakwater

Toronto-based Breakwater Resources, which has said for some time it was looking for acquisitions, has now itself become a target, the company announced on Wednesday. Belgian smelting group Nyrstar will offer C$7 a share, or around C$619-million,...

Nyrstar meets upstream goals with Farallon takeover

Top zinc producer Nyrstar is making good on a promise to improve its upstream integration with the proposed acquisition of Canada's Farallon Mining, CEO Roland Junck said on Tuesday. Farallon's main asset is the Campo Morado property in Mexico,...

Nyrstar to buy Farallon Mining

Vancouver-based Farallon Mining has agreed to support an all-cash takeover offer worth about C$409-million from Belgium's Nyrstar, the companies announced on Monday. Nyrstar will offer C$0,80 a share for Farallon, which represents a 32% premium to...

Nyrstar lifts Q1 zinc output by 16%

Belgium-based miner Nyrstar reported a 16% increase in its first-quarter zinc metal production compared with the previous quarter, mainly owing to the ramp-up of its Balen smelter in Belgium, which returned to full production at the end of 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...

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%,...

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...

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...

Nyrstar lifts stake in Ironbank to over 30%

Multi-metals producer Nyrstar has increased its shareholding in ASX-listed Ironbank Zinc by 11% to 30,9% in a A$15-million deal. Ironbank had issued the Belgium-based company with an additional 42,8-million shares, at 35c a share.

CBH says shareholders should accept Toho offer

Mineral resource developer CBH Resources has advised shareholders to accepted the revised offer by majority shareholder Toho Zinc, above the offer of Belgium-based Nyrstar. The company established a committee of directors independent from Toho...

Nyrstar improves offer for CBH Resources

Belgium's Nyrstar has upped its bid for Australian zinc and lead-miner CBH Resources, after its original bid was rejected in December. The world's biggest zinc producer increased its offer to A$0,19 a share, from the initial A$0,13 a share, after...