Global mining group Xstrata has launched a A$3.1 billion ($2.8 billion) takeover bid for Australian nickel producer Jubilee Mines. Xstrata is offering A$23 per share which represents a premium of 36% to the 30-day volume weighted average price of Jubilee, a 35% premium to the closing price on October 26 and a 25% premium to the stock's all …
Exploration Manager. Mr Hendricksen is a geologist with over 14 years of industry experience, having held mining and senior exploration geological roles with Xstrata Nickel (unlisted) and, most recently, green fields explorer Encounter Resources Ltd. During his tenure with Xstrata Nickel, Mr Hendricksen played an integral role in discovering ...
"Xstrata Nickel Australasia's Cosmos plant in Western Australia is currently implementing a debottlenecking project to increase nickel output while maintaining metallurgical performance and a low unit cost for production. Mineralogical analyses indicated that the processing bottlenecks could be removed by simply reconfiguring …
The Swiss owned Xstrata Nickel mining company operates the Sinclair Nickel Mine, located 100 kilometres south of its larger operation, Cosmos, in the Eastern Goldfields of Western Australia. ... the Worlds Fourth Biggest Nickel Producer Xstrata had acquired both the Cosmos and Sinclair Mines when it took over Jubilee Mines in February, 2008. …
The planned closure would not have an impact on Xstrata's Cosmos mine, which has a capacity of 13 000 tonnes of nickel in concentrate, she said. Xstrata acquired Sinclair and Cosmos – both located in Western Australia – through its purchase of Jubilee Mines for A$3.1 billion (R20 billion) in February 2008. Its nickel division ...
For personal use only - ASX. Jun 19, 2015· Australian Nickel Investments Pty Ltd, is pleased to announce it has reached a binding agreement with Xstrata Nickel Australasia Operations Pty Ltd ("XNAO"), a subsidiary of Glencore plc, to acquire the Cosmos Nickel Complex ("CNC" or the "Project") in Western Australia.
xstrata nickel mill australia cosmos Products. Xstrata Nickel. Xstrata Nickel is the 4th largest nickel producer with an annual production of nickel being around 106 000 tonnes. With operations in various countries but have mining projects in Western Australia including the Sinclair and Cosmos underground mines.