Monarch, Tanami call off merger plans
A proposed merger between Monarch Gold Mining Company Ltd and Tanami Gold NL will not go ahead, after the two companies ceased further discussions this morning.
An announcement released by Monarch this morning said that both companies believed their interests were best served by focusing on developing their respective tenement packages, rather than looking to merge
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BETA
Tanami Gold (TAM)
Total Shareholder Return as at 30/06/2012
| 1 year TSR | 5 year TSR | ||
|---|---|---|---|
| 75th | Blackgold International Holdings | 25% | 0% |
| 213th | Tanami Gold | -18% | -16% |
| 244th | Medusa Mining | -25% | 34% |
| 618th | Continental Coal | -77% | -46% |
680 WA listed companies ranked by 1 year TSR relative to WA companies with similar revenue
Shareholding
| Lee Seng Hui | 61,378,800 | ||
| Jon Latto | 73,334 |
Number of shares
Share Transactions
Total value as at the date of the transaction
Revenue
| 38th |  | Brockman Mining | $96.2m |
| 39th |  | Continental Coal | $88.2m |
| 40th | | Tanami Gold | $83.5m |
| 41st |  | Medusa Mining | $79.3m |
| 42nd | | Blackgold International Holdings | $79.1m |
572 WA listed resource companies ranked by revenue
Remuneration from Tanami Gold
| 517th | Jon Latto | $366k |
| 1811th | Arthur Dew | $47k |
| 1958th | Carlisle Proctor | $35k |
Ranked by total remuneration from all listed WA companies
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