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Heemskirk abandons NQM bid
(Friday, 3 September 2010)
HEEMSKIRK Consolidated has decided to bow out of the race for control of North Queensland Metals, announcing today it will let its $A84 million offer for NQM lapse next Friday.
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Third party could trump rivals in NQM bid
(Wednesday, 1 September 2010)
TAKEOVER target North Queensland Metals is hoping an unsolicited approach from a third party will lead to a superior offer and trump the takeover tug-of-war for the group between rivals Conquest Mining and Heemskirk Consolidated.
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Executive Outcomes: Gulf, Transit, Southern Cross and more
(Tuesday, 31 August 2010)
GULF Mines emerged from a trading halt today to announce a new executive appointment, following the resignation of its managing director and chairman on Friday.
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NQM results soured by Pajingo costs
(Monday, 30 August 2010)
DEVELOPMENT costs at the Pajingo gold mine hit the full-year results of North Queensland Metals, despite the improved gold price over the year and a slight rise in production at the mine.
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Shareholders play waiting game
(Tuesday, 17 August 2010)
NORTH Queensland Metals shareholders appear to be keeping a watching brief on the tussle for the company between Heemskirk Consolidated and Conquest Mining.
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Mining Briefs: Syndicated, Havilah, Conquest and more
(Thursday, 12 August 2010)
HIGH-grade drill results for Syndicated, Conquest and Beadell; new discovery for Havilah and ActivEx confirms Florence Creek discovery in today’s Mining Briefs.
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Takeover Panel win for Conquest
(Wednesday, 11 August 2010)
CONQUEST Mining has had a win today after the Takeovers Panel ordered takeover target North Queensland Metals to make corrections to its target’s statement in response to Conquest’s offer.
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Heemskirk offer not fair but reasonable
(Wednesday, 11 August 2010)
AN independent expert has deemed Heemskirk Consolidated’s takeover offer for joint venture partner North Queensland Metals not fair, but reasonable, as any disadvantages are outweighed by the advantages of the offer, though the board has mixed views.
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Conquest picks up SAG mill
(Monday, 9 August 2010)
CONQUEST Mining is pushing ahead with the development of its Mt Carlton gold-silver-copper project in Queensland after the acquisition of a SAG mill from copper developer Hillgrove Resources.
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Conquest hits back
(Monday, 26 July 2010)
CONQUEST Mining has upped the ante in its fight for control of North Queensland Metals, complaining to the Takeovers Panel over incorrect information given by the takeover target in its target’s statement.
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