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Tuesday
9 February 2010
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METALLICA MINERALS LIMITED STORIES

[72 Results - Showing Results 1 to 30]

Kokomo upgrade for Metallica, Straits


AN independent resource estimate has boosted total mineral resources at Metallica Mineral’s Kokomo nickel-cobalt-scandium laterite prospect in Queensland by 36%.
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Metallica picks up historic mine


METALLICA Minerals has acquired the Greenvale nickel laterite minesite tenements in Queensland from Straits Resources and Resource Mining Corporation for $A1.65 million in cash and shares.
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MetroCoal to list in December


EMERGING coal-focused company MetroCoal has kick-started its campaign to list on the Australian Securities Exchange in early December with the launch of an initial public offering to raise up to $A10 million.
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Executive Outcomes: FMG, Toro, G-Resources, Queensland Ores, Carbine, Tri Origin


AS part of Hunan Valin Iron and Steel Group’s investment in Fortescue Metals Group, chairman Li Xiaowei has been appointed to FMG’s board as a director.
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Metallica wins control of Queensland Ores


OUTBACK Metals announced late yesterday that it has accepted Metallica Minerals’ offer for Queensland Ores, giving Metallica a controlling 61.95% interest in the tungsten junior.
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Metallica edging closer to Queensland Ores


METALLICA Minerals today declared its offer for Queensland Ores unconditional, as it edges closer to 40% acceptances.
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Queensland Ores launches rights issue


UNABLE to hold off until one of its takeover bidders supplies funding, Queensland Ores has launched a rights issue to remain afloat.
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Executive Outcomes: Bonaparte, Metallica, Macmahon, Mineral Commodities, FairStar, Proto, Black Range


FOLLOWING the acquisition of 54.5% of Bonaparte Diamonds by Minemakers, Andrew Drummond has been appointed joint managing director of Bonaparte alongside Mike Woodborne.
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Metallica sweetens deal for Queensland Ores


THE battle for control of Queensland Ores continues, with Metallica Minerals announcing it will make up to $A1 million in funding available to the cash-strapped junior once it takes its relevant interest to 40%, rather than the previous 50.1% acceptance required.
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Outback offers Queensland Ores $600K lifeline


DESPITE previously stating that it would not renegotiate the terms of a $A600,000 loan, Outback Metals has today said it would be willing to change this into a convertible loan facility to ensure the ongoing solvency of takeover target Queensland Ores.
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Would-be suitors up stakes in Queensland Ores


THE tussle for control of Queensland Ores continues with rival bidders Outback Metals and Metallica Minerals ramping up their stakes in the tungsten miner.
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Panel stays out of battle for Queensland Ores


THE Takeovers Panel has declined to conduct proceedings on an application by Metallica Minerals that claims misleading statements made by Outback Metals, as the two companies battle it out for control of Queensland Ores via competing takeover bids.
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Queensland Ores gives Metallica bid thumbs up


DESPITE Outback Metals announcing an increased bid for Queensland Ores on Friday, the board of the takeover target today urged shareholders to accept a rival offer from Metallica Minerals to ensure it remains solvent.
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Queensland Ores’ largest shareholder backs Metallica


THE battle for Queensland Ores continues, with the company’s largest shareholder, the Talbot Group, accepting Metallica Minerals’ takeover offer over that of rival bidder Outback Metals.
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Outback gains some support for takeover bid


HOURS after announcing a revised bid for Queensland Ores, Outback Metals announced it has received support from some of its takeover target’s major shareholders.
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Outback ups offer for Queensland Ores


IN an attempt to nudge out fellow Queensland Ores suitor Metallica Minerals, Outback Metals has increased its bid for the tungsten miner.
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China nickel major ups Metallica stake


CHINA’S second-largest nickel producer, Jilin HOROC Nonferrous Metal Group, has become Metallica Minerals’ largest shareholder after ramping up its interest in the diversified resource company to just over 15%.
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Outback to block Metallica bid for Queensland Ores


THE tug-of-war battle for Queensland Ores has heated up with original bidder Outback Metals increasing its interest in Queensland Ores to more than 10% in an effort to kill Metallica Minerals’ bid, which requires a 90% acceptance rate.
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Metallica’s bid gets Queensland Ores support


DIRECTORS of takeover target Queensland Ores have indicated they will support Metallica Minerals’ $A2.3 million bid over a rival offer from Outback Metals.
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Metallica makes play for Queensland Ores


AFTER putting the brakes on its flagship NORNICO project last month, cashed-up explorer Metallica Minerals has decided to take over struggling tungsten-molybdenum play Queensland Ores.
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Nickel price sees Metallica halt study


METALLICA Minerals will defer the current feasibility study at its NORNICO project northwest of Townsville until market conditions and nickel prices improve.
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Major metal boost for Metallica


A MAIDEN resource for the Kokomo nickel-cobalt project has led to a 30% increase in combined resources at Metallica Minerals’ flagship NORNICO project in north Queensland.
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Qld bauxite resource doubled


NEW drill results have almost doubled the bauxite resource at Cape Alumina’s Pisolite Hills project in northern Queensland.
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Metallica plans coal seam gas spin-off


METALLICA Minerals has flagged the float of its coal-based assets in the Surat Basin in Queensland within the next year.
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Metallica upgrade boosts NORNICO project


AN upgrade to 80% of Metallica Minerals’ North Queensland Minnamoolka nickel deposit has given further hope to the company’s NORNICO project development plans.
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Nickel supply agreement a lucky break for JV partners


MEGA miner BHP Billiton has inked a nickel supply agreement with joint venture partners Metallica Minerals and Metals Finance Corporation (MFC) to serve its Yabulu nickel refinery near Townsville, Queensland.
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Metallica powers ahead


WITH the expectation that strong nickel prices will continue Metallica Minerals is keen to get its Queensland nickel projects into production in the quickest and most efficient way. By Wally Graham - RESOURCESTOCKS*
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NORNICO nickel up 11%


METALLICA Minerals has boosted the nickel resource at its NORNICO project by more than 11% as it continues to put together the project's funding feasibility study.
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New nickel mine for Queensland


QUEENSLAND will have its first new nickel mine in more than 16 years when Metallica Minerals moves its Lucky Break joint venture project into production next year.
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Cockatoo to extend SE Qld interests


EXPLORER Cockatoo Coal looked to strengthen its presence in the Surat, Moreton and Tarong basins on Friday signing a $A10 million option agreement to acquire Metallica Minerals' South East Queensland coal assets.
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