|
|
Article: BRIEFING - ASIA MINING - OCT 6, 2009.
- Article from:
- AsiaPulse News
- Article date:
- October 6, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
An executive briefing on mining for Oct 6, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
TAKEOVER BATTLE FOR AUSTRALIAN IRON ORE FIRM POLARIS INTENSIFIES
MELBOURNE - Takeover moves towards iron ore explorer Polaris Metals NL (ASX:POL) are heating up, after an Asian company announced its intention to outbid an offer by an Australian company.
Polaris said it was considering the announcement from Lion-Asia Resources Pte Ltd to make an off-market all cash offer of 60 cents per share, which valued the company at A$105.54 million (US$92.56 ...