Saracen Mineral Holdings has bolstered its board with the appointment of Samantha Tough and Geoffrey Clifford as non-executive directors, four months after launching a major cost-cutting drive on t
AZTEC Resources Ltd has announced the appointment of three non-executive directors, following the board's recommended acceptance of the Mt Gibson takeover bid.
AZTEC Resources Ltd has announced the appointment of Michael Arnett to the position of non-executive chairman, with immediate effect, following the progression of Mt Gibson's takeover bid for the juni
Mount Gibson Iron Ltd has urged shareholders in Aztec Resources Ltd to take up its takeover offer, flagging a compulsory acquisition of the shares should its holding increase to 90 per cent.
Aztec Resources Ltd has announced the appointment of a new chairman and additional directors as well as the stepping down of Ian Burston from his role as chairman.
Mount Gibson Iron managing director Luke Tonkin, fresh from effectively completing the acquisition of Aztec Resources, has played down the immediate prospect of more takeovers in the junior iron ore sector.
Mt Gibson Iron Ltd appears to have won its hostile bid for control of fellow iron ore junior Aztec Resources Ltd after announcing today it had lifted its stake to more than 50 per cent.
A few days after acquiring 19.9 per cent of Mount Gibson Iron Ltd, Russian billionaire Alisher Usmanov has made a move to acquire 6.9 per cent of takeover target Aztec Resources Ltd, at a cost of $23.3 million.
Hong Kong investor Shanghai Merchants Holdings has declared Mt Gibson Iron's hostile takeover offer for Aztec Resources a failure at current levels and has called on the two companies to negotiate an acceptable merger agreement.
Mount Gibson Iron Ltd has extended the closing date of its takeover offer for Aztec Resources Ltd to 5:00 pm WST on November 10, after announcing a five per cent increase of its share in the company.
Shares in squabbling iron ore companies Mt Gibson Iron Ltd and Aztec Resources Ltd jumped two per cent today on news of strategic stakes in both being taken by Hong Kong-based Shanghai Merchants Holdings Ltd.
West Perth-based Mount Gibson Iron Ltd has made its off-market takeover bid for Aztec Resources Ltd unconditional, saying it would shorten the time period for payment of the Offer consideration.
Aztec Resources Ltd has again recommended the rejection of a takeover bid from Mount Gibson Iron Ltd, after securing credit approval for a $100 million finance facility to fund development of the Koolan Island Iron Ore project.
Mt Gibson Iron Ltd has claimed an equity deal struck by target Aztec Resources Ltd today with Australian Royalties Corporation Pty Ltd could actually make its takeover easier because the agreement was below the bid price.
Aztec Resources Ltd requested its shares be suspended from trade today, ahead of confirmation that rights negotiations with Australian Royalties Corporation Pty Ltd were positive.
Watchers of the Mount Gibson Iron Ltd bid for Aztec Resources Ltd will have a tense weekend, with the bigger firm announcing an extension of the closing date of offers made under the takeover bid to November 3.
A new complication in the long-running Mt Gibson Iron Ltd bid for Aztec Resources Ltd has emerged with the target revealing it is in senstive negotiations with another party which could result in a defeating condition in the takeover being triggered.
As it had previously indicated, the Takeovers Panel has declined an application from Aztec Resources Ltd to declare the takeover offer made by Mt Gibson Iron Ltd unacceptable.
After the board of Aztec Resources Ltd told shareholders to reject it, West Perth-based Mount Gibson Iron Ltd has extended the period of its takeover offer for the company to October 6.
It has been a hectic time of late for South Perth-based Aztec Resources Ltd, with the iron ore explorer signing sales contracts, revising its ore reserves and opposing a takeover bid.
West Perth-based iron ore company Mount Gibson Iron Ltd has exercised an option to acquire approximately 15 per cent of issued capital in Aztec Resources Ltd.
South Perth-based Aztec Resources Limited has signed a long term contract for iron ore sales from its Koolan Island project with Japan's Marubeni Corporation.
South Perth-based iron ore company Aztec Resources Ltd has signed a sales contract with one of its shareholders, China-based CITIC Australia Commodity Trading Ltd.
Western Australian insulation company Cool or Cosy Ltd has announced that subsidiary Blue Ridge WA Pty Ltd has been awarded the contract to supply transportable buildings for Aztec Resources Limited at its Koolan Island project.
UP and coming iron ore player Aztec Resources has flagged potential cost overruns and delays at its Koolan Island mine off the coast of Derby in north-west Western Australia.
An agreement in principle has been reached with the Dambimangari People's negotiation committee who have agreed to the conduct of mining operations and infrastructure works and the grant of Mining Lea
Aspiring iron ore producer Aztec Resources Ltd has reported that applications had been received for more than 40 per cent of its $42.3 million rights issue.
A NEW letter of intent with one of Japan's largest trading companies has virtually assured the future of junior Aztec Resources Ltd's $108 million Koolan Island iron ore project, production from which
