Australian Miner CBH has mulled Recapitalisation Options
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
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
Two months after CBH and Perilya terminated a friendly merger, CBH Resources has launched a hostile $65 mn takeover bid for Perilya. CBH managing director Stephen Dennis said: Now that Perilya has really come back to being not much more than Broken Hill we think that logic is even more compelling than what it was back [...]
The managing director of CBH Resources, Stephen Dennis, was quoted as saying: A new operating plan for its Endeavor mine in Cobar will put the company in the right position when there is a recovery in metal prices. For more information, click here To visit CBH resource’s website, click here
By Daniella D’Alimonte – Exclusive to ZincInvestingNews.com The price of zinc is continuing on its nearly 12 month downward slide. It is now sitting at around US$0.75 per pound; US$0.07 below its price at the beginning of August. “It’s a difficult time right now,” said Chris Reeves, operations assistant for Canadian Zinc Corporation (TSX: CZN). [...]
Falling zinc prices have caused another setback to the town of Cobar in Australia, as CBH Resources announced more lay offs at the Endeavour Mine. For full story, click here
Australia’s CBH resources said that output of zinc and lead at its Endeavor project will rise. For full story, click here
CBH Resources reported substantial increases in zinc production from its Endeavor operations. For full news, click here
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