Oz Minerals

Art Basel brings out the beautiful people

Andrew Michelmore

Art Basel Hong Kong, as the Hong Kong Art Fair is now known, opened its doors yesterday to the press and "VIPs". It was hard for Lai See to decide which was the more absorbing, the art on display or the beautiful people that flocked to the show.

Thursday, 23 May, 2013, 4:43am 1 comment

Corrections & clarifications

An article on B4 on October 29, 'Minmetals considers Galeno stake swap', incorrectly stated that shareholders approved last Friday Minmetals Resources' September 30 proposal to acquire Toronto and Sydney-listed Anvil Mining for C$1.3 billion. It should have said Minmetals Resources' shareholders approved the disposal of the company's non-core assets.

1 Nov 2011 - 12:00am

Minmetals looks to raise US$860m as it pursues takeover

Minmetals Resources, which is in the middle of a takeover battle for a Canada and Australia-listed miner operating mainly in Africa, aims to raise up to US$860 million by selling new shares.

19 Apr 2011 - 12:00am

Minmetals offers US$6.5b in takeover bid for Equinox

Minmetals Resources, the biggest metals trading firm in China, has offered US$6.5 billion in an all-cash takeover of Equinox Minerals.

5 Apr 2011 - 12:00am

Painful lessons on global expansion for Chinese firms

The soured US$19.5 billion bid by Aluminum Corp of China (Chinalco) for a bigger slice of Rio Tinto provides some hard lessons for resources-hungry state-owned companies and the political powers backing their ambitious global expansion plans.

6 Jun 2009 - 12:00am

Minmetals offers to take fewer assets in revised US$1.2b OZ Minerals bid

China Minmetals Corp, the largest metals trader on the mainland, has agreed to pay US$1.21 billion for fewer of the mining assets owned by OZ Minerals after the Australian government objected to the original deal.

2 Apr 2009 - 12:00am

Valin gets 17.4pc Fortescue stake while Minmetals revises OZ bid

Hunan Valin Iron & Steel has received Australian government approval to take a 17.4 per cent stake in Fortescue Metals Group while China Minmetals Corp has submitted a revised offer for OZ Minerals after Canberra objected to the original deal.

1 Apr 2009 - 12:00am

Minmetals to revise Australian offer

China Minmetals Corp, the largest metals trader on the mainland, is planning a revised bid for Australia's OZ Minerals, while China Nonferrous Metals is seeking Australian approval to become the largest shareholder of Terramin Australia.

31 Mar 2009 - 12:00am

China Minmetals scouts globe for copper assets

China Minmetals Corp, the mainland's largest metals trader, and its Hong Kong arm are on the prowl for acquisitions of more than US$1 billion to help fuel the nation's demand for raw materials.

Undeterred by the economic slowdown, sources said the companies were 'going after bigger and better deals in copper'.

29 Jan 2009 - 12:00am