Location:
Australia, Western Australia
Nearest Landmark:
TELFER
Distance from Landmark:
100 km
Direction from Landmark:
West
Latitude:
N/A
Longitude:
N/A
Takeover target Consolidated Minerals Ltd will increase exploration expenditure this financial year to more than $23 million, the diversified miner said in its annual report released today, reports Australian Associated Press.
(See Australian Associated Press:
ConsMin to increase exploration spend
)
September 12, 2007
The largest shareholder in mining company Consolidated Minerals Limited (ConsMin) has increased its cash offer for the company, rejecting an earlier takeover bid by Pallinghurst Resources Limited, reports Australian Associated Press.
(See Australian Associated Press:
Palmary ups bid for Consolidated Minerals
)
August 24, 2007
Consolidated Minerals announced updated resources at its Woodie Woodie manganese project and at its Kambalda nickel operations in Australia. Proven and probable reserves have increased by 175,328 tonnes to 8.71 million tonnes at 41.5% Mn at Woolie Woolie. Proven and probable reserves at Kambalda have been reduced by 6,770 tonnes of contained nickel to 10,141 contained nickel tonnes.
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