BHP remains confident that its C$325 million ($350 million) takeover bid to acquire Noront Resources is stronger than the offer made by Andrew Forrest’s Wyloo Metals on Monday.
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IGO has upped its profits to $549 million for the 2020-21 financial year following the company’s divestment of its Tropicana gold mine interest and successful capital raising.
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Wyloo Metals has ramped up a bidding war against BHP for the acquisition of Canada’s Noront Resources with a significantly upgraded offer of $C0.70 ($0.76) per share for the target.
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Boadicea Resources is planning an airborne geophysical program at the Clarke Reward gold project in Queensland after the company discovered five target zones for mineralisation. Read More
IGO is looking to expand its footprint of nickel operations in Western Australia, today confirming it is in preliminary discussions about a potential takeover of Western Areas.
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BHP has proposed a $C325 million ($351 million) takeover offer to Noront Resources following a previous bid by Andrew Forrest's Wyloo Metals. Read More
BHP will supply Tesla with nickel from its Nickel West operations in Western Australia as part of a collaboration that will aim to make the battery supply chain more sustainable. Read More
Mincor Resources has intersected nickel sulphides during the early stages of a significant drilling program between the Long and Durkin mines in Western Australia. Read More
Poseidon Nickel has reported one of its best high-grade intersections yet during the current drill program at the Golden Swan nickel sulphide discovery in Western Australia. Read More