Yancoal hits capital raising hurdle

Yancoal’s proposed $2 billion capital raising — one of the largest carried out in Australia — is already facing hurdles despite being months away from coming to the market.

Investors hop into Lepidico with hostility likely

Investors have hopped into takeover target Lepidico this morning after the company revealed Lithium Australia’s (LIT) offer for the company was “unsolicited” and that it was not in negotiations to effect the proposed merger.

Rio Tinto sale to Yancoal resets mood for Australian coal mine deals

Chinese-owned Yancoal's (YAL.AX) $2.45 billion purchase of the Coal & Allied division of Rio Tinto (RIO.AX) is setting the stage for more big-ticket coal mining acquisitions in Australia.

Endeavour, Acacia Mining in talks over possible merger

Mining’s mergers and acquisitions (M&A) marketplace may be on the verge of heating up with West African-focussed gold companies Endeavour Mining and Acacia Mining considering a merger.

Yancoal’s losses widen in 1H16

Australian coal company Yancoal announced a half-year loss of AUS$180.4 million, compared to a loss of ASU$145.4 million in 1H15.

Yancoal loses control of Australian mines

Australian coal company, Yancoal, has lost control of the Ashton, Austar and Donaldson coal mines in New South Wales as part of a US$950 million debt funding agreement.

Yancoal to place Donaldson operation into care and maintenance

Australian coal company, Yancoal, is to put its Donaldson operation – which includes the Abel underground coal mine – into care and maintenance in June 2016.

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