Shares in local gold stocks Tribune Resources and Rand Mining have soared today, after each announced special dividends worth a combined $250 million, following an adverse ruling by the Takeovers Panel on Monday.
The Takeovers Panel has made a finding of unacceptable circumstances against ASX-listed Tribune Resources, which is led by managing director Anthony Billis.
AXG Mining has appointed former Barra Resources managing director Dean Goodwin as managing director and Thompson Downey Cooper principal Robert Downey as non-executive chairman, to replace Guy Le P
