A multinational mining company is prepared to pay big money to seize control of a “modern” competitor. BHP recently made an $8.3 billion takeover offer for OZ Minerals. The proposed deal...
Tag - acquisition
A resources producer attracted major funding for its flagship coal operation. New Hope Corporation (NHC) recently purchased a 15 per cent stake in Malabar Resources. The deal involved NHC acquiring...
An Asia-backed investment company reportedly sold its minority stake in a mining company that operates in multiple countries. Hong Kong-headquartered OCP Asia is rumoured to have disposed of TerraCom...
A multinational resources company exited its shareholding in an Asia-backed business. Glencore recently sold a minority stake in Yancoal Australia for $422 million. “Glencore can confirm it has...
A diversified company approved a major takeover bid from a direct competitor. MACA’s board of directors recently recommended a $350.2 million acquisition offer from rival Thiess...
A foreign-backed mining services company will meet its financial obligations to former employees. One of WBHO Australia’s failed subsidiaries recently agreed to pay full entitlements owed to...
Two coal operations could reopen after a mining company raised enough money to complete their purchase in Central Queensland’s Isaac region. Bowen Coking Coal (BCC) successfully secured about...
A multinational resources producer will not exit one of its coal businesses after all. BHP confirmed it recently cancelled the sale of New South Wales Energy Coal (NSWEC) because no buyer made a...
A globally diversified mining company is expected to sell off an Australian coal operation. South32 is widely speculated to be deciding whether to exit its Illawarra Metallurgical Coal, 76km...
An Asia-backed resources company decided to exit a coal operation in Queensland’s Central Highlands region. Japan-headquartered Idemitsu Australia recently approved selling its 85 per cent...
