Anglo American plc (“Anglo American”) announces the sale of
Anglo American plc (“Anglo American”) announces the sale of
Glencore plc ("Glencore") announced that it has entered into a definitive agreement with HNA Innovation Finance Group Co., Ltd. ("HNA") for HNA to purchase a 51% equity interest in Glencore's petroleum products storage and logistics business for US$775 million, payable in cash upon closing, subject to customary closing adjustments (the "Transaction").
MMG Limited (MMG) entered into agreements with Century Mine Rehabilitation Project Pty Ltd, a subsidiary of Century Bull Pty Ltd (Century Bull), to effect the transfer of the former Century zinc mine in North West Queensland.
Porr Deutschland GmbH’s purchase of the longstanding, specialist civil engineering company Franki Grundbau GmbH & Co. KG, headquartered in Seevetal, was finalised yesterday.
New strategic Partnership between Glencore and Qatar Investment Authority relating to Rosneft
Petropavlovsk PLC ("Petropavlovsk" or the "Company" or, together with its subsidiaries, the "Group") announces the following update on recent proposed acquisitions.
Glencore and QIA have concluded various agreements which provide for the establishment of a 50:50 consortium (the Consortium).
The Consortium has entered into agreements in connection with the further privatisation of Rosneft whereby the Consortium will acquire from Rostneftegaz a 19.5% interest in the issued share capital of Rosneft (the Shares) for €10.2 billion (the Consideration). Under the proposed arrangements, Glencore will commit €300 million in equity (the Glencore Equity) and QIA will commit €2.5 billion in equity to the Consortium with the balance of the consideration for the acquisition of the Shares to be provided by non-recourse bank financing, principally by Intesa Sanpaolo S.pA., with Russian banks also providing financing and credit support.
Eldorado Gold Corporation, ("Eldorado" or "the Company") is pleased to announce that the Company has completed the sale of its respective interest in the White Mountain and Tanjianshan Mines and Eastern Dragon Development Project to an affiliate of Yintai Resources Co. Ltd. (SHSZ: 000975) ("Yintai") as previously announced on May 16, 2016.
Silver Standard Resources Inc. (NASDAQ: SSRI) (TSX: SSO) ("Silver Standard") announces that it has completed the transaction on its Diablillos and M-18 projects with Huayra Minerals Corporation ("Huayra") for aggregate consideration including approximately $14 million payable over the first five years and a 19.9% equity interest in Huayra.
Anglo American plc draws attention to an announcement issued by Anglo American Platinum, the text of which is set out below:
Anglo American Platinum confirms the completion of the sale of the Rustenburg Operations by its wholly owned subsidiary Rustenburg Platinum Mines to Sibanye Rustenburg Platinum Mines Proprietary Limited (“Sibanye”) (the “Transaction”), and that Sibanye has now taken over ownership, control and management of those operations.
Anglo American plc (“Anglo American”) announces the completion of the sale of its wholly owned interest in the Callide thermal coal mine (“Callide”) in Queensland, Australia to Batchfire Resources Pty Ltd, following the announcement of the share sale agreement on 20 January 2016.
Glencore has reached agreement with Genesee & Wyoming Australia (GWA) to sell its Glencore Rail (GRail) coal haulage business in the New South Wales Hunter Valley for A$1.14 billion. The closure of the transaction is subject to FIRB approval.
Anglo American plc (“Anglo American”) announces that it has completed the sale of its 70% interest in the Foxleigh metallurgical coal mine in Queensland, Australia to a consortium led by Taurus Fund Management, following the announcement of the sale and purchase agreement on 4 April this year.
Fugro NV (Fugro) and Shelf Subsea Holdings UK Ltd (Shelf Subsea) announce today that they have signed an agreement under which Shelf Subsea will acquire the Fugro subsea services business in Asia Pacific for approximately EUR 14 million cash and a significant issuance of around 25% equity in Shelf Subsea to Fugro. With this divestment, Fugro takes another important step in its strategy to focus on its core survey and geotechnical business.
In addition to the April 26, 2016 announcement that Eldorado Gold Corporation (the "Company" or "Eldorado") has reached an agreement to sell its interest in the Jinfeng mine, Eldorado is pleased to announce it has reached an agreement to sell its respective interest in the White Mountain and Tanjianshan mines and the Eastern Dragon development project to an affiliate of Yintai Resources Co. Ltd. (SHSZ: 000975) ("Yintai") for US$600 million in cash, subject to certain closing adjustments.
Eldorado Gold Corporation (the "Company" or "Eldorado") is pleased to announce that it has reached an agreement to sell its 82 percent interest in the Company's Jinfeng mine to a wholly-owned subsidiary of China National Gold Group ("China National Gold") for US$300 million in cash, subject to certain closing adjustments.
PJSC MMC Norilsk Nickel (hereinafter referred to as "the company"), a leading global producer of nickel and palladium, announces its decision to establish Global Palladium Fund L.P. and set its financing commitment at up to USD 200 million for potential transactions.
The engineering and services group Bilfinger is selling its Water Technologies division. The buyer is Chinese company Chengdu Techcent Environment Group which has been active in the water technology sector for many years. The agreement was signed today.
Anglo American plc (“Anglo American”) announces that it has entered into a Share Sale Agreement (“SSA”) with Batchfire Resources Pty Ltd (“Batchfire”) to sell its 100% interest in the Callide thermal coal mine (“Callide”) in Queensland, Australia.
Salini Impregilo (MTA: SAL) announces the signing of the contract for the disposal of Todini Costruzioni Generali S.p.A. (“TCG”) to Prime System Kz Ltd., a company incorporated and organized under the laws of Kazakhstan, for a consideration of c. €50m.