Independence Group has agreed to sell its Jaguar base metals operation near Leonora for $73.2 million to diversified investment company Washington H. Soul Pattinson and Company.
Independence Group has announced plans to sell its Stockman copper-zinc project in Victoria for $47.2 million in cash and royalty payments, but will record a $20 million impairment on the project.
The board of infrastructure services group Cardno has told its shareholders to reject a $215 million takeover proposal it received earlier in the week from Crescent Capital Investments.
