Chinese-controlled Perth miner Perilya has unveiled a friendly $186 million takeover of Canadian copper miner GlobeStar Mining Corporation that will see the base metals producer spread its wings to the Caribbean and Canada.
Belgium's Nyrstar has upped the ante of its takeover bid for CBH Resources, today offering a choice of cash and scrip for each CBH share and $1,000 for every convertible note.
CBH Resources has revealed that major shareholder, Japan's Toho Zinc, has proposed a proportional takeover offer in response to the $213 million offer from Belgium's refining major, Nyrstar.
CBH Resources confirmed today it has received a sweetened takeover offer from Belgium's Nyrstar NV, which has increased its previous offer by $65 million.
PERTH-BASED zinc miner CBH Resources has flagged a likely $100 million expansion of its stalled Rasp mine in Broken Hill to re-establish itself as one of Australia’s leading zinc producers.
04 Feb 2010
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