MACA has completed its $175 million purchase of Downer’s Mining West business, while the sale of the Bluff coal mine to Bowen Coking Coal was also completed.
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Ansteel moves closer to $25m Gindalbie acquisition
China's Ansteel has informed Gindalbie Metals that its $25 million purchase of the company is final, allowing the iron ore company to demerge from subsidiary Coda Minerals.
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Ansteel to acquire Gindalbie Metals in $25m deal
Gindalbie Metals will demerge its subsidiary Coda Minerals to shareholders before being purchased by Chinese producer Ansteel in a deal worth around $25 million.
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Gindalbie Metals bows to market pressure
Gindalbie Metals has hit a roadblock with the withdrawal of funding by joint venture parent Ansteel.
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