Bloomberg reported that Jabiru Metals Ltd. (ASX:JML) surged 28 percent in Sydney trading after agreeing to a takeover by Independence Group NL that valued the Australian copper and zinc mining company at A$532 million.
Mining Australia declared that Argonaut Resources will commence exploration work targeting additional deposits near its Kroombit zinc copper deposit in Central Queensland on August 17th 2009. For full story, click here
Kagara Limited is about to commence talks with potential JV partners for its Admiral Bay project in Western Australia, which it says, has potential to be the world’s leading and lowest cost lead and zinc mine. Mr Kim Robinson executive chairman of Kagara stated: It is truly a world class asset. On our preliminary calculations, [...]
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd have received the last two regulatory approvals for its proposed AUD 10 million investment into zinc miner Terramin Australia Ltd. For full story, click here
Interfax-China declared that China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd have received the last two regulatory approvals for its proposed AUD 10 million investment into zinc miner Terramin Australia Ltd. For full story, click here
Australian zinc miner CBH Resources Ltd. declared a halt to trading in its shares on Monday, pending an announcement on recapitalisation proposals. For full story, click here
Global miner Xstrata has suspended underground mining at its George Fisher zinc operation in northern Australia after a worker died in an accident there. For full story, click here
Meridian Minerals Limited declared that it will purchase a package of zinc lead tenements containing existing JORC-compliant resources in the Lennard Shelf region of Western Australia from the Xstrata Zinc/Teck Cominco Limited JV Company, Lennard Shelf Private Limited. For full story, click here
Terramin Australia Ltd., an Australian zinc and lead producer, will commence financing talks in China next month for its planned $266 million Tala Hamza zinc and lead mine in Algeria. For full story, click here
Terramin Australia Ltd., an Australian zinc and lead producer, will commence financing talks in China next month for its planned $266 million Tala Hamza zinc and lead mine in Algeria. For full story, click here
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