Sibanye to acquire historic Tasmanian copper mine
Sibanye-Stillwater has announced that it will acquire the Mount Lyell copper mine in Tasmania.
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Rinehart records strong profits
Hancock Prospecting has recorded a strong end of financial year profit of $5 billion off the back of a supposed push by Rinehart to acquire more lithium assets.
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What’s behind Hancock’s lithium moves?
The Australian lithium landscape has experienced a surge of activity in the latter half of 2024, as miners snap up new stakes and make significant takeover bids.
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Motion boosts its fluid power solutions with Powell Industrial acquisition
Motion, a global leader in industrial solutions, has announced its acquisition of Powell Industrial, a prominent Australian-owned supplier of industrial and hydraulic hose and fittings offerings. This strategic move further solidifies Motion’s commitment to providing comprehensive fluid power solutions to customers in the Asia-Pacific region.
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A stronger unit
The merger of Regal Rexnord and Altra Industrial Motion has allowed the companies to provide total powertrain solutions to the Australian mining industry.
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Genesis ups Dacian voting power
Genesis Minerals has hit another milestone in its takeover of Dacian, acquiring 95.1 per cent voting power.
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Hancock Prospecting snaps up stake in Azure Minerals
Gina Rinehart’s Hancock Prospecting has acquired a strategic stake of 18 per cent of Azure Minerals’ ordinary shares.
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Newmont’s acquisition of Newcrest on track
Newmont remains on track to close its pending $26.2 billion acquisition of Newcrest, which is expected to close on November 6, according to its September quarterly report.
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SQM acquires Azure Minerals for $1.63b
SQM has announced its intention to buy lithium upstart Azure Minerals as the battle for lithium ground in Western Australia heats up.
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A-Cap shareholders vote on Lotus merger
Lotus Resources has announced A-Cap shareholders have voted in favour of the two companies merging.
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Genesis’ Dacian offer ‘best and final’
After announcing that its proposed takeover of Dacian Gold is ‘unconditional’, Genesis Minerals has now declared its offer as ‘best and final’.
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Federal Court approves Newmont acquisition
Newmont’s $26.2 billion acquisition of Newcrest has become legally effective under Australian law, following the lodgement of orders from the Federal Court of Australia with the Australian Securities and Investments Commission (ASIC).
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Whitehaven to acquire key BHP coal mines
BHP has officially sold its Daunia and Blackwater metallurgical coal mines to Whitehaven Coal for up to $US4.1 billion ($6.4 billion).
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DDH1 non-executive directors join Perenti
Mining services company Perenti has appointed two new non-executive directors to its board.
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Albemarle backs out of Liontown deal
Liontown Resources is back up for grabs as Albemarle withdraws its $6.6 billion takeover bid.
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Albemarle granted due diligence extension
Liontown Resources has granted Albemarle a seven-day extension to complete due diligence for its proposed $6.6 billion takeover.
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Hancock achieves key Liontown milestone
Gina Rinehart’s Hancock Prospecting has achieved its strategic stake objective of 19.9 per cent in Liontown Resources.
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Perenti formally acquires DDH1
Mining services company Perenti has now implemented the scheme of arrangement it announced with global drilling company DDH1 in June.
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Newmont clears final acquisition hurdle
The Securities Commission of Papua New Guinea (SCPNG) has granted necessary exemptions and requested confirmations under PNG capital markets law to allow Newmont to proceed with its $26.2 billion acquisition of Newcrest.
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Metso, Tedd unite in the UK
Metso Corporation has acquired UK-based engineering company Tedd Engineering in a bid to strengthen its aggregates digital and automation capacities.
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