Hints and tips:
...Steel has used derivatives to agitate for higher bids in the takeovers of Acacia Mining and Sirius Minerals. His fund has delivered a 20 per cent annual annual return since its launch in 2019....
...Other large properties are owned by land collectives, commercial livestock operations, energy companies and mining outfits....
...The agency has spent nine years investigating allegations of what it termed “fraud, bribery and corruption around the acquisition of substantial mineral assets”....
...Odey Asset Management has increased its stake in Sirius Minerals to 1.4 per cent and will vote against the rescue takeover bid from Anglo American....
...The SFO has been investigating ENRC since 2013 over “allegations of fraud, bribery and corruption around the acquisition of substantial mineral assets”....
...Sirius argues the Anglo bid is the best option for investors and will safeguard the mining project — the largest in the UK for a generation — and thousands of jobs....
...Odey Asset Management has converted its derivative position in Sirius Minerals into shares, as the London-based hedge fund pushes for an improved takeover offer....
...The demise of Sirius Minerals has been predicted almost as often as that of hedge funds. Fittingly, Crispin Odey’s business has invested in the eccentric Yorkshire mining venture....
...Bacanora Minerals has secured $150m in debt funding from London’s Red Kite fund to develop its lithium project in Mexico....
...Today, a resurgence in mining, prompted by new technology, is once again promising mineral riches, while dividing the town over economic and environmental issues....
...The SFO is separately scrutinising Mr Gertler’s ties with Glencore, the mining group listed in London....
...Neil Gregson, fund manager of the JPM Natural Resources fund, said that following a “long bear market”, the mining, oil and mineral sectors experienced a “cyclical turnround” in 2016....
...Ian Coles is a partner and head of the Global Mining Group at Mayer Brown LLP. @beyondbrics...
...Its value collapsed and after a restructuring the remaining rump company, renamed Asia Resource Minerals, was taken private this year....
...But it is a bad advertisement for the businesses and senior staff who advised on the controversial creation of Indonesian mining company Bumi in 2010....
...Changes have also been made to Mongolia’s minerals law. Exploration licenses have been extended from nine to 12 years, making them more attractive for long-term investors....
...The legal action is a further sign of the acrimony surrounding ENRC after years of boardroom squabbles and probes into some of its mining deals – including a continuing investigation by the Serious Fraud...
...We have seen valuable mineral exports starting to flow from Mongolia, with a strong promise of things to come....
...From what Hogan Lovells knows about the amendment, key terms have been left vague: the mining sector could include mining service companies that assist the operators at mines and even oil extraction; there...
...It mandates that Mongolian citizens must hold a 34 per cent equity stake in all mining projects, and gives state-owned companies a pre-emptive right to any mining or exploration licenses transferred from...
...Mr Rothschild made the announcement amid a scandal surrounding the probe into alleged financial irregularity at mining companies part-owned by Bumi....
Former M&S boss makes a return to high-visibility retailing
...In a July 2010 flotation, Vallar raised £707m to fund acquisitions in the mining sector....
...international operations; there is high concentration (in 2010 the Big Four accounted for 99 per cent of audit fees paid by FTSE 350 companies); and all four are not present in all sectors so that in areas such as mining...
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