MINING.COM

Lynas declines Wesfarmers $1.1B takeover bid

Wesfarmers made a buyout offer of A$2.25 per Lynas share.

MINING.com Editor | March 26, 2019 | 3:20 pm

RNC enters A$50m purchase option for Westgold’s Higginsville

RNHigginsville contains 5.9 million proven and probable tonnes grading 1.92 grams gold per tonne for 367,000 oz. gold.

Northern Miner Staff | March 26, 2019 | 12:58 pm

Australia’s Wesfarmers makes $1.1B bid for rare earth miner Lynas

The offer represents a premium of nearly 45% on Lynas' closing price on Monday, but comes come with some significant conditions, including the rare dearth miner securing all necessary licences in Malaysia.

Cecilia Jamasmie | March 26, 2019 | 12:07 am

Australian miners see some impact from two cyclones, clean up begins

Businesses affected included those in the iron ore export hubs of the Pilbara region, as well as Rio Tinto's bauxite operations in Weipa to the east.

Reuters | March 25, 2019 | 9:20 am

China’s Feb coking coal imports from Australia fall 21%

Australian imports were at 1.16 million tonnes last month, compared to 1.47 million tonnes in February 2018.

Reuters | March 25, 2019 | 9:12 am

Newmont offers special dividend if Goldcorp takeover approved

The one-time special dividend, worth $470 million, will be given to Newmont's shareholders only if its friendly takeover of Canada’s Goldcorp is approved.

Cecilia Jamasmie | March 25, 2019 | 7:03 am