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MisRes extends Norwest takeover period

The extension gives Norwest shareholders more time to consider Mineral Resources’ (MinRes) $497 million offer, after saying “those who don’t accept will be left behind”. After MinRes’ initial $403 million offer was knocked back, the Norwest board accepted a revised...

Kinetiko looks at LNG deal in South Africa

ASX-listed Kinetiko Energy has reached a non-binding memorandum of understanding (MoU) with South Africa-based FFS Refiners that could potentially see the production and distribution of liquefied natural gas (LNG) in South Africa. Under the MoU, the two companies...

Yancoal looking to snap up BHP coal mines

BHP made headlines when it announced its plan to divest the Daunia and Blackwater coal mines in Queensland, and now it seems Yancoal Australia is interested in getting its hands on them. In an interview with the Australian Financial Review, Yancoal chief...
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