Australian gold mining company Andean Resources announced Friday that Canadian miner Goldcorp Inc. will acquire all of its outstanding shares for C$3.6 billion.
Andean owns 100 percent of the Cerro Negro gold project in Argentina, which is reported to have resources of 2.54 million ounces of gold and 23.56 million ounces of silver.
Domestic airline carrier Regional Express (Rex) said that it welcomes the Australian Competition and Consumer Commission’s (ACCC) assessment of Sydney Airport’s proposed price rises. Rex told the ACCC that the airport’s increased aircraft parking charges would cost the airline...
WA Premier Colin Barnett announced Thursday that the State Government will begin acquiring land around Kimberley for the Woodside Energy LNG precinct.
Nufarm Limited announced Wednesday that its net debt has increased to $620 million, prompting the agribusiness group to hire debt advising firms Deloitte and Gresham Advisory Partners to assist with a strategic review of the business.
The Australian Competition and Consumer Commission (ACCC) announced that it will allow Jetset Travelworld to buy Stella Travel Services. “The ACCC conducted an extensive review of this transaction to ensure that it would not adversely impact Australian travelers,” ACCC...
Train manufacturer and engineering firm UGL announced that it is committed to driving diversity across the organization as it makes changes to its board renewal plan. UGL Chairman Trevor Rowe said that as UGL continues to expand into international...
Centro Properties Group reported a full-year net loss of $652.7 million. The shopping mall operator said that underlying profit fell to 24.2 percent to $173.8 million, compared to $229.2 million for the previous corresponding period. Centro Chief Executive Officer...
Qantas Freight announced Monday it has started offering courier and baggage delivery services to Qantas and third party customers under the new brand name Qantas Courier. According to the airline, Qantas Courier had been established to reposition the Australian...
Rio Tinto announced Monday that it will invest US$1.6 billion for the development of the Hope Downs 4 iron ore project in Western Australia, which will link to its existing rail, power and port infrastructure in the Pilbara. In...
Toll road operator Intoll Group announced Friday that it has accepted Canada Pension Plan Investment Board (CPPIB)’s A$3.4 billion takeover bid at a final cash offer of $1.52 a share. Intoll Chairman Paul McClintock said that the Intoll Directors...
