Australia, NZ & South Pacific

An overview of Talison Lithium's processing plants. Source: Talison Lithium

Talison’s board recommends Chinese bid

A subsidiary of Chinese conglomerate Chengdu Tianqi Industry Group has raised its offer price for Talison Lithium (TLH-T) from $7.15 to $7.50 per share and the Australian lithium producer’s board and its largest shareholder, Resource…


Gold Fields reduces its SA risk, spins out two mines

Gold Fields (GFI-N) is lowering its South African risk by spinning out its wholly-owned subsidiary that holds the KDC and Beatrix gold mines in the country into a new firm called Sibanye Gold. While this may sound like a step in the right…




Rival bid emerges for Talison

A Chinese conglomerate with interests in battery making and lithium production has trumped an earlier takeover bid for Talison Lithium (TLH-T) by New Jersey-based chemical maker Rockwood Holdings (ROC-N).


A conveyor at Paladin Energy's Langer Heinrich uranium mine in Namibia. Source: Paladin Energy

Paladin wields the axe

Pure-play uranium miner Paladin Energy (PDN-T) has unveiled a plan it says will trim costs by US$60 million to US$80 million over the next two years.






Cameco picks up BHP’s Yeelirrie in WA

It appears that Cameco(CCO-T, CCJ-N), Canada’s major uranium power, is viewing a downswing in uranium markets as an opportunity to diversify its project portfolio, and acquire another foothold in Australia.


Exco Resources fights hostile takeover

Just two weeks after the board of Australian junior Exco Resources (ESX-A) rejected a hostile, all-cash takeover offer from one of its institutional shareholders, the explorer released an updated resource estimate for its Turpentine copper-gold…


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