EXPLORATION & DEVELOPMENT

Takeover target Bauxite delivers 48% resource upgrade at Ceres

MECANTILE Investment Company's A11c per share proportional takeover offer for Bauxite Resources has been extended until May 21, while the company is fighting back, boosting its Ceres resource by 48% this morning.

Bauxite Resources believes its projects will be developed.

Bauxite Resources believes its projects will be developed.

Mercantile is doggedly pursuing its target 50% stake, despite only securing 16.98% of the company since the bid opened in November.    The bid, which has been declared free of conditions, is aimed...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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