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Articles by Bauxite Resources
Altura calls off takeover talks
Altura Mining has decided not to pursue a takeover from its largest shareholder, after its corporate adviser Citigroup began investigating a potential transaction in April.
Metalicity in Canadian spin-off
West Perth-based Metalicity has announced plans to spin out its Admiral Bay zinc project on the Toronto Stock Exchange as Kimberley Mining, following strong interest from Canadian investment banks and fund managers. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month. To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
S2 sells Polar Bear to Westgold
Mark Bennett's S2 Resources has sold the Polar Bear gold project to Westgold in a $9 million partially scrip deal.
Mercantile increases Bauxite bid
Sir Ron Brierley-chaired Mercantile Investment Company has increased its bid for Perth-based mining company Bauxite Resources to 11 cents, putting it within the price range set out in the independent expert’s report. To read more, please Login or Register below
Tembo invests in Orion
Zinc and copper explorer Orion Minerals has received a $3 million investment by private equity group Tembo Capital to fund work at its projects in Africa, and has flagged a further $1.8 million capital raising. Melbourne-based Orion, which until earlier this month was named ‘Orion Gold’ and held its head office in Perth, said Tembo had subscribed for 125 million shares at 2.4 cents each to give it a 12.4 per cent stake in the business.
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