Vedanta Delisting Offer - How It Goes From Here
On 12 May 2020, Vedanta Ltd (VEDL IN) released an announcement that a Delisting Proposal had been made to the Board by one member of the promoter...
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Anglo American Bid For Sirius: A Lifeline for Sirius Investors
Anglo American (AAL LN) has made a firm bid for Sirius Minerals (SXX LN) offering GBp 5.5/share valuing Sirius Minerals (SXX LN) at £386M (or...
597 Views
Vedanta Resources PLC: Holding Firm Despite Rising Net Debt
Vedanta Resources (VED LN) (Vedanta)’s net debt of USD6.4bn for six months ended 30 September 2018 results in a net debt/EBITDA ratio of 3.2x...
970 Views
Nevsun's Copper Solution for Zijin
Zijin Mining Group Co Ltd H (2899 HK)/Zijin Mining Group (601899 CH) announced a friendly, all-cash bid for Nevsun Resources (NSU CN) at...
539 Views
Iron Ore Rally Unsustainable
Temporary tightness should abate as demand falters and supply surges. Iron ore prices have surged to $69 per tonne, up 23% from last week and...
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