Newcrest Gets Serious About Lihir
A $26 billion gold mining giant based in Australia could be moving closer after Newcrest suggested yesterday it might sweeten its offer for Lihir Gold.
Read MoreA $26 billion gold mining giant based in Australia could be moving closer after Newcrest suggested yesterday it might sweeten its offer for Lihir Gold.
Read MoreCould we be about to face more interest rate rises from the Reserve Bank than we thought?
Read MoreAs previously announced, agricultural chemicals group, Nufarm has launched a $250 million equity raising.
Read MoreJapan’s Toho Zinc has sweetened its proportional bid for CBH Resources to counter an expanded offer from Belgian metals processor, Nyrstar.
Read MoreThere’s a growing chance that Europe’s airline crisis will start easing from later today.
Read MoreShares in Adelaide-based electronics group, Codan were in the green yesterday, a rare event on the day when the overall market fell by well over 1%, or 79 points.
Read MoreMore developments in the saga known as the takeover battle for Macarthur Coal.
Read MoreSo what will the board of AXA Asia Pacific and its French parent, AXA SA, now do?
Read MoreChina’s largest lead producer will buy a 15% stake in Kimberley Metals as well as take a 25% share of the company’s Sorby Hills project in WA.
Read MoreStand by for some rough days in the markets after the civil fraud charges against Goldman Sachs from US stockmarket regulators.
Read MoreStockmarkets will start a nervy week thanks to Friday night’s shock Securities and Exchange Commission civil fraud charges against Goldman Sachs.
Read MoreMacarthur Coal’s days as a listed Australian coal company look numbered after the board bowed to the inevitable and decided to talk to Peabody Energy of the US about the latter’s conditional $16 a share offer.
Read MoreRio Tinto’s major Australian coal arm, Coal & Allied Industries, has accelerated expansion plans in the Hunter valley and stands to receive more than 70% more for its soft coking coal exports, following a surge in global prices in recent months.
Read MoreThe charges against US bank, Goldman Sachs will dominate markets this week (and the bank is due to release its quarterly profit tomorrow night).
Read MoreThe Australian dollar appears to be resuming its rising trend and the AMP’s chief economist, Dr Shane Oliver says investors and business have to be prepared for the changes that will bring.
Read MoreBank of America-Merrill Lynch’s widely followed survey of fund managers, released this week, shows a bunch of true believers in the recovery and shares.
Read MoreGold prices are set to rise to past $US,1300 an ounce, before starting an easing that could end the uptrend of the last decade.
Read MoreThe battle for control of Macarthur Coal looks like it’s coming to a vital point.
Read MoreRio Tinto has slightly raised its production guidance for iron ore after posting a 39% jump in first-quarter output, thanks mostly to Chinese demand and recovery in other markets in Asia.
Read MoreChina’s GDP jumped 11.9% in the March quarter; almost double the 6.1% growth a year ago when China struggled with the impact of the credit crisis and global slump.
Read MoreThe proposed Shell/PetroChina $3.5 billion bid for Arrow Energy has been cleared by the Australian Competition and Consumer Commission.
Read MoreToll road operator, Transurban Group, says all of its Australian assets increased traffic and revenue for the March quarter, but the news from the US wasn’t so good where toll revenue and traffic fell on the Pocahontas Parkway near Washington.
Read MoreElders is to cut the value of its holding in Forest Enterprises to zero after the appointment of an administration to FEA yesterday.
Read MoreAnother managed investment company, Forest Enterprises Australia, has gone bust and moved into voluntary administration.
Read MoreSingapore unexpectedly revalued its currency yesterday, thereby joining China, Australia, India and Vietnam in starting to tighten monetary policy.
Read MoreAnother day in the battle for Macarthur Coal, the world’s biggest exporter of pulverized coal.
Read MoreThe Australian economic recovery seems to be gathering pace, according to the March business survey from the National Australia Bank.
Read MoreThe Asian Development Bank (ADB) says Asia’s developing economies this year will grow by 7.5%, with the region on track for a "robust recovery".
Read MoreEnergy Resources of Australia Ltd (ERA) shares went right off the boil yesterday when it described market conditions as soft in its first quarter operations review.
Read MoreShares of paper maker PaperlinX were all but unchanged yesterday after the company confirmed that it will close its mill at Burnie in northern Tasmania.
Read MoreSo when will the current boom in house prices, especially in Melbourne and Sydney end, after home lending fell for a 5th month in a row in February?
Read MoreYet another day of share price action, statements and more in the battle for control of Macarthur Coal.
Read MoreBelgium metal processor Nyrstar HV has returned for another tilt at CBH Resources, despite the controlling position and opposition of its biggest supporter, Toho Zinc of Japan.
Read MoreProperty trust, GPT Group, has confirmed that it is after new capital to help finance the purchase of 50% of a new building in the Sydney CBD to be built by Grocon.
Read MoreThe US dollar fell, the euro bounced, the Aussie dollar rose, then fell and sharemarkets had a solid day in Australia and Asia at the latest sign the Greek finance/loan crisis has been defused.
Read MoreMacarthur Coal has deferred the contentious shareholder meeting due for today by a week and rejected a $3.71 billion takeover bid by New Hope Corporation Ltd.
Read MoreAustralian shares will kick higher today after another solid night on Wall Street on Friday and a deal overnight to provide financial support for Greece.
Read MoreWe don’t have steel or other production figures from China for March yet; they will be out later in the week.
Read MoreThe early flow of data from China is pointing to a very strong March quarter for the economy.
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