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Anglo unmoved on £405m Sirius Minerals bid, saying tilt at fertiliser developer “fair”
ANGLO American CEO, Mark Cutifani, stood by his group’s 5.5 pence per share takeover offer for Sirius Minerals declaring it to be “fair and reasonable”, and batting away criticism the bid was prejudicial to the company’s large flank of retail shareholders. “We are in middle of a takeover offer so we are somewhat constrained [in what… Read More
Perseus Mining boosts interim net profit, lifts cash despite $99m capital bill on Yaouré
PERSEUS Mining produced strong interim results taking net profit after tax up by $20m to $30.4m, equal to 2.6 cents per share. The year-on-year improvement was built on impressive cost performances as its Sissingué operation in Côte d’Ivoire and a decline in costs at Edikan in Ghana following the start of a revised mining strategy aimed at… Read More
Global Crop Failures Continue: In Australia This Is Going To Be The WORST HARVEST Ever Recorded
Global food production is being hit from seemingly every side. Thanks to absolutely crazy weather patterns, giant locust armies in Africa and the Middle East, and an unprecedented outbreak of African Swine Fever in China, a lot less food is being produced around the world than originally anticipated. Even during the best of years we… Read More