Cape Lambert Resources is going ahead with exploration plans at the Lady Annie copper project, which it plans to spin off into a separate company in a $165 million float.
Cape Lambert Resources has pocketed nearly $28 million from the sale of non-core shareholdings that it acquired through its purchase of collapsed company CopperCo last year.
Cape Lambert Resources' said it is "ideally positioned" to maximise profits from a possible sale of the Marampa iron ore project, located in Sierra Leone, West Africa, after African Minerals signed a deal for its neighbouring iron ore project.
Cape Lambert Resources has emerged as a major shareholder in West Perth-based oil and gas explorer Monitor Energy following its recent $2 million capital raising.
The $203 million offering of the largest resources float for this year, Q Copper, has been delayed after a UK investor, introduced by Cape Lambert Resources, had to pull out.
Shares in Cape Lambert Resources have entered a trading halt as it prepares to release details of the completed $214 million initial public offer for Q Copper.
Frank Timis-controlled explorer African Minerals is poised to become the leading shareholder in Cape Lambert Resources via a $31 million scrip deal over the Marampa iron ore project in Sierra Leone.
Acquisitive Cape Lambert Iron Ore has revealed further details of its takeover bid for Corvette Resources, with the offer valued at a total of $16.2 million.
Acquisitive Cape Lambert Iron Ore is set to gain a 37 per cent shareholding in West Perth-based explorer DMC Mining and will lobby for additional board representation.
A corporate restructure of CopperCo has saved Cape Lambert Iron Ore from launching takeover bids for several of the collapsed company's listed investments.
Cape Lambert Iron Ore has appealed to the Takeovers Panel after the competition watchdog declined the company relief in its acquisition of collapsed CopperCo.
An understanding of core strengths and a simple business model are some of the tips the state's fastest growing companies say have helped them through a turbulent 2008, a new report has found.
Cape Lambert Iron Ore Ltd has offered a board position to disgruntled shareholder Power United as the dispute, which involved court injunctions, is settled.
Disgruntled shareholder Power United Ltd has stepped up its calls to remove the board of Cape Lambert Iron Ore Ltd after it formalised a $250 million deal to acquire a stake in an African iron ore project.
An injunction preventing Cape Lambert Iron Ore Ltd from acquiring a stake in an African iron ore project has been dropped following mediation talks with a disgruntled shareholder.
Cape Lambert Iron Ore Ltd will find out before the end of the week whether an injunction preventing it from acquiring a stake in an African project will be extended.
Cape Lambert Iron Ore Ltd has today received the second payment as part of the $400 million sale of its namesake iron ore project to MCC Mining (Western Australian) Ltd, a wholly owned subsidiary of China Metallurgical Group Corporation.
Cape Lambert Iron Ore Ltd is due to receive its second cash payment for the sale of its namesake project from China Metallurgical Group Corp a week later than first planned.
Cape Lambert Iron Ore Ltd chairman Ian Burston has stepped down as the company steps up evaluation of new acquisitions following the $400 million settlement of its namesake project.
Cape Lambert Iron Ore Ltd has today completed settlement of the $400 million sale of its namesake project to China Metallurgical Group Corp as it receives the first payment of $240 million.
Leederville-based Cape Lambert Iron Ore Ltd has had a heavy day of trade as speculation mounts that a takeover bid by a Russian steel making giant is imminent.
Cape Lambert Iron Ore Ltd said it has no new information to offer following its meeting with representatives of Merrill Lynch and Russian steelmaker Evraz Group S.A, which is believed to have taken a 16 per cent stake in the WA company.
Cape Lambert Iron Ore Ltd has received a cash injection of over $15.5 million after an unknown entity converted options to acquire a 14 per cent stake in the company.
Only one more hurdle remains for the $400 million sale of Cape Lambert Iron Ore Ltd's namesake project to MCC Mining, which today received Chinese government approval.
China Metallurgical Group Corporation has received no objection from the Foreign Investment Review Board for its proposed acquisition of the Cape Lambert Iron Ore project.
Tony Sage, a director of Australian iron ore exploration and development company Cape Lambert Iron Ore Limited, has increased his stake in the company to 6.4 per cent following a conversion of nine million options.
Cape Lambert Iron Ore Ltd has sought to quash market speculation it is negotiating new aquisitions, after agreeing this week to sell its namesake project in the Pilbara to China Metallurgical Group Corporation for $400 million.
Chinese investment in Western Australia's iron ore sector has increased further, with Cape Lambert Iron Ore Ltd agreeing to sell its namesake project in the Pilbara to China Metallurgical Group Corporation for $400 million.
Cape Lambert Iron Ore Ltd has initiated the grant of a new tenement immediately south of its namesake iron ore project in the Pilbara, which will increase it coastal landholding to more than 400 square kilometres.
Leederville-based iron ore explorer Cape Lambert Iron Ore Ltd has acquired three tenements adjacent to its namesake project for $4 million in cash and scrip, the company has announced.
Chinese steel-making group Delong Holdings Ltd will take a 13.25 per cent stake in Leederville-based iron ore explorer Cape Lambert Iron Ore Ltd for $14.6 million, the company has announced.
The part sale of Leederville-based Cape Lambert Iron Ore Ltd's namesake asset to Chinese investor Ding Liguo for around $250 million won shareholder approval today, clearing the last hurdle for the company restructure.
The 70 per cent sale of Leederville-based iron ore firm Cape Lambert Iron Ore Ltd's namesake project is on track, after an independent geologist confirmed a minimum indicated mineral resource of 300 million tonnes at the site, the company has announced.
Leederville-based iron ore firm Cape Lambert Iron Ore Ltd will spin-off subsidiary Global Iron Ltd to allow it to focus on its namesake project, the company announced today.
