In a move to expand its presence in the mining services market, BGC Contracting will be forming a joint venture with South African firm DRA, the two companies announced today.
The dispute over access to Fortescue Metals Group's Pilbara rail line appears destined for arbitration after Economic Regulation Authority chairman Lyndon Rowe said there was little his agency coul
Mining industry pundits bemoaning the end of the ‘boom' will be pleasantly surprised to know that up to a dozen major projects could go ahead over the coming year.
IT'S easy to get excited about what's happening in the fast-moving world of currency values but it's wrong to describe what's happening as a ‘war', because it's not; what's going on is simply econo
At the very end of an extraordinary week, a late announcement from an unlikely source – Transport Minister Troy Buswell – gave one of the few clear signals about future growth in the mining sector.
Hong Kong investment house Wah Nam International will move to mop up the remaining shares in Brockman Resources, just over 18 months after launching the first of two takeover offers.
Chinese investment group Wah Nam International has moved to gain full ownership of iron ore company Brockman Resources, through a takeover pitched at less than half the value of its original offer.
Hong Kong-based investment house Wah Nam Holdings has confirmed it is in discussions with Brockman Resources regarding a “potential transaction and co-operation”.
The fate of Brockman Resources' Marillana iron ore development in the Pilbara is up in the air, after major shareholder Wah Nam International commissioned a review of the Perth-based junior's opera
Brockman Resources has replaced most of its board of directors in the wake of Hong Kong investment house Wah Nam International taking a controlling stake in the iron ore junior.
Brockman Resources and Wah Nam International say the timely development of the Marillana iron ore project is top priority following the conclusion of Wah Nam's $900 million plus takeover offer.
Brockman Resources has failed in its bid to resist a takeover offer by Hong Kong investment house Wah Nam International, which has received acceptances taking its stake up to 52 per cent in the Pilbara iron ore miner.
Brockman Resources continues to recommend shareholders not to accept a takeover from Wah Nam International, after the Hong Kong investment house declared its offer unconditional.
Wah Nam International says it will proceed with its takeover bid for Brockman Resources, after the Takeovers Panel rejected an application that Wah Nam had acquired Brockman shares in breach of the Corporations Act.
Brockman Resources has had a win at the Takeovers Panel, which ruled today that several Wah Nam-related entities could not purchase any more Brockman shares.
Iron ore explorer Brockman Resources says it is in advanced talks with Fortescue Metals Group Ltd for a rail haulage, port access and marketing service for its Marillanna project in Western Australia.
Australia's resources-led economic recovery has had a major impact on the pay of WA-based executives, with a big rise in the number of million dollar pay packets as share prices bounced back from GFC lows.
Hong Kong listed Wah Nam International has launched a conditional off market takeover offer for emerging iron ore producers Brockman Resources and FerrAus valued at about $1.2 billion.
Shares in Brockman Resources were higher after the company signed a non-binding agreement with China's Sinosteel for the purchase of ore from Marillana ore project in the Pilbara, and possible investment opportunities.
Shares in Brockman Resources have climbed higher after it signed the final native title agreement covering its $1.35 billion Marillana iron ore project in the Pilbara.
Brockman Resources has today appointed Ausenco as its lead study manager for the definitive feasibility study for its Marillan iron ore project in the Pilbara.
Brockman Resources has gained environmental apporval for its Marillana iron ore project in the Pilbara, where the company aims to establish a 17 million tonne per year mining operation.
Brockman Resources plans to start production at its Pilbara iron ore project by the end of 2012 after a study estimated capital costs at up to $1.35 billion.
A Hong Kong-based investment group has spent more than $17 million buying shares in Brockman Resources in a move the iron ore hopeful said is a positive reflection of the company.
Brockman Resources managing director Wayne Richards has exercised $500,000 worth of options at nearly half the price of the company's last traded share price.
Iron ore hopeful Brockman Resources has appointed UBS Investment Bank as its corporate advisor to help capitalise on the current global market conditions and assess business opportunities.
Parochial investors who put their money into Western Australian stocks have just experienced their worst year in nearly a decade, judging by the results of WA Business News' annual total shareholder return survey.
Subiaco-based Brockman Resources has advised that it is aware of overseas news wire reports that Chinese iron ore trader Haoning Group is in talks with Brockman to secure an iron ore off-take agreement and to take an equity position in the Company.
Subiaco-based mineral explorer Brockman Resources Ltd has raised $8.14 million via the placement of 7,750,000 shares at $1.05 per share, predominantly to domestic and international financial institutions.
