Today's board moves wrap includes John Hancock, Meredith Campion, Lisungu Chirwa, Ranajit Das, Ken Hoffman, Ian Middlemas, Sunny Loh, Peter Rohner, Chris Williams and Rakesh Gupta.
Indian state-owned corporation NMDC recently lifted its stake in local mining hopeful Legacy Iron Ore to more than 90 per cent in a deal that minor shareholders say dramatically diluted their equity, with regulators powerless to take action.
Legacy Iron Ore has received commitments to raise $11.74 million through a four-for-one rights issue, primarily to accelerate production at the Mt Celia gold project in Western Australia.
