SPECIAL REPORT: Former Verve Energy CEO Shirley In’t Veld says when it comes to government-owned businesses, politics often wins out over commercial imperatives.
INDIGENOUS contractor Carey Mining has taken another step towards diversifying its business by establishing a new jointly owned company focused on solar power installations in regional areas.
Independence Group NL 2-Aug-05 Has entered into a conditional agreement with WMC Resources Ltd, to purchase the existing Long Nickel Mine shaft, decline and related infrastructure.
Resources giant BHP Billiton has increased pressure on WMC Resources shareholders to accept its $9.2 billion bid, after revealing it had only received 4.49 per cent of its target’s shares.
ANOTHER twist emerged in the WMC Resources takeover saga last week with BHP Billiton announcing a cash offer of $7.85 per share for the miner, trumping Xstrata’s $7.20 bid.
AN in principle agreement has been reached between Niagara Mining and WMC Resources for the purchase of the Windarra nickel assets.Niagara has made a $250,000 deposit to secure an exclusive period to
AS Swiss-based Xstrata steps up the pressure in its so-called “opportunistic” takeover battle for Australian miner WMC Resources, speculation is growing over whether another company may enter the fray
THE possible sale of WMC Resources to Swiss-based commodities trader Xstrata has drawn a mixed response.Politicians, who are usually loathe to comment on commercial transactions, have expressed disapp
WMC Resources has been prosecuted for failing to provide and maintain a safe working environment at its Mt Keith operation in the northern Goldfields south of Wiluna.
27 Jan 2004
Subscribe today for award-winning, unbiased and trusted journalism