Glencore Bids For Full Control Of Minara, Valuing Miner At A$1.02 Billion
24 Août 2011 - 2:26AM
Dow Jones News
Swiss-based commodities trader Glencore International PLC
(GLEN.LN) said Wednesday it will offer 87 Australian cents per
share to buy out minority shareholders in Minara Resources Ltd.
(MRE.AU). The bid values the Australian nickel miner at A$1.02
billion.
Minara, which produced 14,625 metric tons of nickel from its
Murrin Murrin mine in the first six months of the year, was already
72.99% held by Glencore, and a regulatory statement released
Wednesday said the stake had now risen to 73.44%.
Glencore also owns 60% of Murrin Murrin, Minara's only
significant mining asset.
-By David Fickling, Dow Jones Newswires; +61 2 8272 4689;
david.fickling@dowjones.com
Minara Resources (ASX:MRE)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Minara Resources (ASX:MRE)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024
Real-Time news about Minara Fpo (Australian Stock Exchange): 0 recent articles
Plus d'articles sur Minara Resources