BHP takes minority stake in privately held Kabanga Nickel
Less than a month after walking away from a bidding war with Wyloo Metals for Noront Resources (TSXV: NOT) and its Ring of Fire nickel assets in Canada, BHP (NYSE:…
Wyloo Metals
Update: BHP won’t match Wyloo offer for Noront
Noront Resources (TSXV: NOT) has chosen to go with the latest bid put forward by Australian billionaire Andrew Forrest’s Wyloo Metals, giving BHP (NYSE: BHP; LSE: BHP; ASX: BHP) five…
Noront picks Wyloo’s latest offer, gives BHP five days to match
Noront Resources (TSXV: NOT) said today it has chosen to go with the latest bid put forward by Australian billionaire Andrew Forrest’s Wyloo Metals, but has given BHP (NYSE: BHP;…
Noront to negotiate with Wyloo on sweetened offer
Noront Resources (TSXV: NOT) said on Tuesday it plans to negotiate directly with Australian billionaire Andrew Forrest’s Wyloo Metals on the company’s sweetened acquisition bid, which has reignited a long-dragge-out…
BHP extends Noront bid deadline amid talks with Wyloo
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has extended the deadline for Noront Resources’ (TSXV: NOT) investors to accept or refuse its bid from November 16 to the end of…
Battle for Noront Resources heats up with sweetened offer from BHP
The world’s largest miner is now offering C$0.75 per share of Noront, representing a 36% premium to its previous offer, a 7% premium to the Wyloo offer and a 213% premium to Noront’s unaffected price.
Noront Resources picks Wyloo bid over BHP
A months-long battle over nickel-copper miner Noront Resources (TSXV: NOT) may have come to an end as the Canadian company said today that it had picked a sweetened bid from Australian mining billionaire Andrew Forrest’s Wyloo Metals, over…
Noront receives official Wyloo offer, trumping BHP bid
Noront Resources (TSXV: NOT) has finally received a formal offer from Wyloo Metals – more than three months after Wyloo first floated a proposal to acquire the Ring of Fire junior in late…
Noront tells Wyloo to make its offer official
Noront Resources (TSXV: NOT) has responded to Wyloo Metals‘ increased offer of 70¢ per share by inviting the company to formally engage with it, and reminding shareholders that BHP‘s (NYSE:…
BHP to expand nickel operations to meet soaring demand
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) will make a final investment decision on a major expansion of the processing plant at its Mt. Keith nickel mine in Western Australia…
Battle for Noront heats up with BHP’s US$258 million bid
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has offered $325 million (US$258.45 million) for Canadian nickel miner Noront Resources (TSXV: NOT), trumping a bid by Australian mining billionaire Andrew Forrest’s…
Noront snubs Wyloo debt offer
Noront Resources (TSXV: NOT) has rejected a loan offer from major shareholder and Australian mining magnate Andrew Forrest’s Wyloo Metals late last week, citing an “immediate need for funding.” Instead,…