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 appoint new CEO
Gindalbie Metals has appointed Chris Stevens as CEO.
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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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Gindalbie Metals goes into a trading halt
Gindalbie Metals has called for a trading halt pending an announcement regarding a long term financing transaction.
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Iron ore miner cuts jobs
Karara Mining has announced it will cut 15 per cent of its workforce.
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Job cuts at Gindalbie head office
West Australian iron ore miner Gindalbie Metals has flagged the need to cut jobs at its head office as part of cost reduction at the Karara Project.
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Gindalbie appoints new CFO
Iron ore miner Gindalbie Metals has announced Wayne Zekulich will take over as the company’s chief financial officer at the end of January.
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Gindalbie Metals drops CEO Steve Murdoch
Gindalbie Metals has let current CEO Steve Murdoch go, as its combines the roles of CEO and CFO.
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WA watchdog cracking down on mine safety
Western Australia’s resources regulatory body is cracking down on injuries and ‘near misses’ in the Midwest mining sector after two incidents at Karara mine in the past couple of months.
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Gindalbie celebrates Karara mine opening
Western Australia's mid-west region has chalked up a significant milestone, with Gindalbie Metals officially opening the Karara iron ore project.
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Miners see iron ore woes as temporary
The recent drop in iron ore demand is only temporary and the industry will soon return to full strength, say managers at Fortescue Metals Group, Centrex Metals, and Gindalbie Metals
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New iron ore port opens in Geraldton
Gindalbie Metals has opened new iron ore export infrastructure at Geraldton Port.
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Gindalbie sees first iron ore from Karara
Gindalbie Metals has shipped its first train load of iron ore from its Karara mine.
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Tailings management – Drying out in the desert
A dry tailings system is cutting water usage and site rehab times.
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AusGroup wins Karara iron ore contract
AusGroup subsidiary AGC Industries has formalised its construction contract with Gindalbie Metals for its Karara iron ore project.
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