Gold Road rejects $3.3b bid from South African rival Gold Fields
bestnews ASX-listed Gold Road Resources has rejected an unsolicited $3.3 billion bid from rival Gold Fields, in a move that would give the South African miner full control over the Gruyere…
2025
Gold Road CEO lashes takeover bid from South Africa’s Gold Fields as too low
Gold Road Resources chief executive Duncan Gibbs says a $3.3 billion takeover bid from Gold Fields is too low, describing the proposal from the Johannesburg-listed miner as extremely aggressive and…
Gold price explosion is reviving mothballed mines across Australia
Mar 25, 2025 – 2.00pm Gift this article Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Subscribe now Already a subscriber?…
Aussie shareholders warn against ditching dual listing
Industry super funds look set to reject an activist shareholder’s demand that Rio Tinto, the world’s second-biggest miner, collapse its dual-listed structure, after a key advisory body said there was…
Gold fever brings open pit M&A warfare. Beware investors
Lock up your gold projects, fools have the chequebooks out ready to torch shareholders’ hard-earned money. Unable to contain the boom-time feels, multibillion-dollar bids are flying. We’re up to $10…
How to launder money and get away with it
How to launder money and get away with it
Private equity money man Michael Lukin’s new chase reveals holy grail within reach
Twenty years ago, private equity salesmen (they were nearly always men) were running around with all sorts of structures to try to lure non-institutional Australian money into their sector. What…
Ord Minnett chases up Perpetual Private raid with Ross Love hire
Stockbroker and wealth manager Ord Minnett is not done sucking up financial advice talent from rivals. It has poached Ross Love, a senior private wealth adviser, from Shaw & Partners’,…
RBA tells banks national interest not profit comes first on payments system
The Reserve Bank has accused the major banks of putting profit over the national interest, as it doubled down on its criticism of the industry’s handling of the transition of…
IAG seeks to delay trial on $7b Greensill insurance claims
IAG, Greensill Capital’s biggest insurer, is trying to delay a $7 billion trial over insurance claims, stating it needs more time to review more than one million documents as it…