Metallurgical Corporation of China has been ordered by a Singapore-based arbitrator to place $80 million into an escrow account pending the determination of a dispute with Cape Lambert Resources ov
Prominent Perth business identity Tony Sage has continued to scale back his commitments, today announcing his resignation from oil and gas explorers African Petroleum and International Petroleum, f
Tony Sage's Cape Lambert Resources has lined up a new agreement to sell its Leichhardt copper project in Queensland for $14.75 million, after the original $25 million proposal fell over.
Cape Lambert Resources has appointed international finance group Deutsche Bank to sell its royalty held over the Mayoko iron ore project in the Republic of Congo.
Cape Lambert Resources has agreed to pay the Australian Taxation Office $33 million as a provisional settlement for a dispute over $96 million in back taxes and penalties.
A dispute between Cape Lambert Resources and the Metallurgical Corporation of China over an $80 million payment stemming from the 2008 sale of a magnetite project near Karratha has been referred to
WITH some experienced campaigners suggesting the current mergers and acquisitions market is the worst they have ever seen, there is plenty of finger pointing to overly exuberant deals of the past f
Tony Sage's Cape Lambert Resources has become lithium miner Global Strategic Metals' cornerstone investor, subscribing for a 19.8 per cent interest in the Perth-based exploration company.
The Metallurgical Corporation of China has been ordered to set aside $80 million owed to Cape Lambert Resources over the sale of a Pilbara magnetite project in 2008.
Cape Lambert Resources has deferred listing its Marampa iron ore project on the London Alternative Investment Market (AIM) until later this year, citing the volatile nature of world capital markets
Cape Lambert Resources says it has reached agreement to sell its Leichhardt copper project in Queensland for $25 million, less than two years after purchasing it for $7.75 million.
WESTERN Africa is fast becoming known as the world's third major iron ore province, as miners explore and develop high-grade, low-cost prospects in the region.
Cape Lambert Resources has announced it will offload its Sappes gold project in north eastern Greece to Glory Resources for $46.5 million in cash and shares.
Western Australia-based resources firms Crescent Gold, Latin Resources, and Hot Chili have each announced strong interest and oversubscriptions to capital raisings collectively worth around $16 million.
Cape Lambert Resources has announced a $65 million cash and scrip deal to increase its stake in Africa-focused iron ore explorer Pinnacle Group Assets to over 90 per cent, and has made an additional offer to the remaining shareholders to acquire their int
Shares in Perth-based mineral sands hopeful Latin Resources have jumped after it announced a major expansion of its Guadalupito iron and mineral sands project in Peru.
HE role of chairman at Australian public companies has traditionally been reserved for experienced industry professionals tired of working in an executive capacity and who are keen to bring an independent viewpoint to the company boardroom.
Cape Lambert Resources has announced a maiden JORC compliant inferred mineral resource at its Marampa project in Sierra Leone of 197 million tonnes at 28.5 per cent iron.
Tony Sage-led Cape Lambert Resources has struck an $83 million deal to sell subsidiary DMC Mining in a cash and scrip and production royalty agreement.
Cape Lambert Resources has extended its negotiations in a deal to formalise ownership and access rights to key infrastructure in Sierra Leone to transport iron ore from Marampa.
Cape Lambert Resources has announced an on market share buy-back for up to 10 per cent of the company's fully paid ordinary shares as part of a capital management program.
Tony Sage-led Cape Lambert Resources has recorded a $72.2 million net profit after tax for the 2010 financial year, largely as a result of the sale of the Lady Annie Copper Project in Queensland.
Tony Sage's Cape Lambert Resources has taken a significant stake in Chameleon Mining, which is in the midst of a legal battle with Murchison Metals over iron ore tenements in the Mid West.
Cape Lambert Resources has signed a deal to formalize ownership and access rights to key infrastructure in Sierra Leone to transport iron ore from its Marampa project.
Cape Lambert Resources has cancelled all planned exploration activities at its Pilbara project and will turn its focus overseas in response to the federal government's proposed resources super profit tax.
Shares in DMC Mining have risen after the junior iron ore explorer today received a better takeover offer for its shares compared to the $34 million offer from Cape Lambert Resources.
Cape Lambert Resources has revealed plans to take full control of DMC Mining, launching a $34 million cash offer today for the explorer which controls an iron ore project in the Republic of Congo.
Shares in the Tony Sage-led Cape Lambert Resources have been placed in a trading halt as it prepares to offload its Lady Annie copper mine to a potential Asian buyer.
Shares in Cape Lambert Resources have dropped after it today withdrew the initial public offer of spin-off Q Copper Australia due to "recent adverse market conditions".