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ENRC.L News

UPDATE 1-Miner Kazakhmys could back potential bid for rival ENRC
20 May 2013

UPDATE 1-Miner Kazakhmys could back potential bid for rival ENRC

(Rewrites first paragraph, adds details on impact of share offer, share price, background) By Clara Ferreira-Marques LONDON, May 20 (Reuters) - Miner ...

London open: Markets open higher as surge continues
20 May 2013

London open: Markets open higher as surge continues

London's benchmark index was trading at levels not seen in over a decade on Monday morning, boosted by record closing prices in the States on Friday o...

ENRC reveals consortium offer price
20 May 2013

ENRC reveals consortium offer price

Eurasian Natural Resources (ENRC), the mining company 26 per cent-owned by fellow miner Kazakhmys, has confirmed that the indicative proposal made by ...

Kazakhmys says will consider any proposal for ENRC stake
20 May 2013

Kazakhmys says will consider any proposal for ENRC stake

LONDON, May 20 (Reuters) - Kazakh miner Kazakhmys said on Monday its stake in rival ENRC, facing a potential buyout offer from its trio of founders, ...

UPDATE 1-ENRC details founders' $2.3 bln cash-and-share bid plan
19 May 2013

UPDATE 1-ENRC details founders' $2.3 bln cash-and-share bid plan

LONDON, May 19 (Reuters) - Kazakhstan's government and the trio of founders behind miner ENRC, seeking to take the company private, have offered share...

UK lawmakers consider probe into transparency of mining firms
19 May 2013

UK lawmakers consider probe into transparency of mining firms

* Committee to consider proposed inquiry on Tuesday * ENRC, Bumi among those expected to testify By Clara Ferreira-Marques LONDON, May 19 (Reuters) - ...

Founders offer for ENRC included Kazakhmys shares -report
19 May 2013

Founders offer for ENRC included Kazakhmys shares -report

LONDON, May 19 (Reuters) - The offer for miner ENRC made by its founding shareholders and the Kazakh government included shares in rival miner Kazakh...

UPDATE 2-ENRC board rejects lowball offer from founding trio
17 May 2013

UPDATE 2-ENRC board rejects lowball offer from founding trio

* Independent directors say bid "materially undervalues" ENRC * Bidders have until June 3 to submit revised, firm offer * Proposed offer at or around ...