Tag: featured

Adani pushes ahead with Carmichael mine deal despite public opposition

Indian mining giant Adani has today decided to go ahead with their deal with the Queensland government to invest $16.5 billion in the state’s Carmichael mining projects – despite strong public opposition.

Chinese Government considers rules on “irrational” debt-laden deals

The acquisition of Rio Tinto’s Coal & Allied assets by state-owned Chinese firm Yancoal has fallen under much scrutiny over the past few months – and now concerns have been raised about whether the Chinese government will allow the deal to go ahead.

$1.3bn Barrick deal abandoned by China

Shandong Tyan Home, which owns Minjar Gold, told investors via the Shanghai Stock Exchange that negotiations for the deal had to be abandoned due to new capital and acquisition rules in China.

Woodlawn zinc-copper project deal signed between Heron Resources and LDC Metals

An agreement has been signed this week under which LDC Metals will offtake the zinc, copper and lead concentrates produced from the Woodlawn zinc-copper project owned by Heron Resources in New South Wales.

WA’s Premier Coal announces record loses

China's Western Australia-based Premier Coal has announced record loses of $4.92 million in their latest accounts released recently.

Coal exporters concerned that China-Newcastle Port deal could push up costs

Companies that rely on Newcastle Port to export Australian coal are worried that Yancoal’s Coal & Allied deal could push up costs and create market distortion, it has been reported.

Five facts about Chinese Yancoal’s Aussie deal

Before any approval for Chinese Yancoal's bid for Coal & Allied mines and Newcastle Port stake, here's what you need to know about the deal.

Tremont Investments to acquire Australian junior Cradle Resources

Cradle Resources, an Australian specialty metals junior, is supporting a private equity-backed takeover from Tremont Investments.

Yancoal deal threatened by falling coal price

Chinese-owned Yancoal’s attempt to buy Rio Tinto’s Hunter Valley assets could be in doubt because of the falling price of coal, experts have suggested.

Mining to drive mergers and acquisitions in 2017

A major consultancy has said that mining and infrastructure deals will drive a continuation in the trend of large M&A deals in 2017.