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MC Mining Ltd - Canberra, Australia-based developer of coal mines across South Africa - Expects takeover by Goldway Capital Investment Ltd to be completed on Tuesday. The 16 Australian cent takeover offer was declared unconditional on April 8. Last week, Goldway said it has 93% of MC Mining's shares.
Read more(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and Monday and not separately reported by Alliance News:
Read more(Alliance News) - MC Mining Ltd said on Wednesday its shareholders should accept an offer from Goldway Capital Investment Ltd, in a dramatic twist that may see the takeover bid end early next week.
Read more(Alliance News) - MC Mining Ltd said on Thursday it is "extremely disappointed" after Goldway Capital Investment Ltd extended the date for its offer to MC Mining's shareholders.
Read more(Alliance News) - Goldway Capital Investment Ltd said on Thursday it has been allowed to extend the date by two weeks for its offer to shareholders of MC Mining Ltd.
Read more(Alliance News) - MC Mining Ltd on Wednesday reiterated that its shareholders should reject an offer from Goldway Capital Investment Ltd.
Read more(Alliance News) - MC Mining Ltd said on Monday it will resume efforts to raise capital for its projects, if Goldway Capital Investment Ltd does not achieve the "minimum acceptance condition" for its offer as the deadline approaches.
Read more(Alliance News) - Goldway Capital Investment Ltd on Friday warned that MC Mining Ltd has until April 5 to accept its acquisition offer.
Read more(Alliance News) - MC Mining Ltd on Wednesday maintained that the takeover offer from a consortium led by Goldway Capital Investment Ltd undervalued the coal producer.
Read more(Alliance News) - MC Mining Ltd on Monday again urged shareholders to not accept a takeover offer from Goldway Capital Investment Ltd.
Read more(Alliance News) - MC Mining Ltd on Friday reported its interim loss deteriorated, thanks to weaker international coal prices and swelling costs.
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(Sharecast News) - Shares in South Africa-focused coal miner MC Mining slipped on Friday after the company reported that half-year losses surged on the back of soaring costs and lower prices.
Read moreMC Mining Ltd - Canberra, Australia-based developer of coal mines across South Africa - Says it has received a second supplementary statement from Goldway Capital Investment Ltd. Notes it is reviewing the contents of the second supplementary bidder's statement and will formally respond in due course. Goldway first launched its AUD0.16-a-share takeover bid for MC Mining last month. MC Mining had urged its shareholders to reject the February offer.
Read moreMC Mining Ltd - Canberra, Australia-based developer of coal mines across South Africa - Vulcan Resources Ltd will not proceed with making a formal offer for MC Mining. On Friday last week, the owner and operator of the Moatize coal mine in Mozambique proposed offering between AUD0.17 and AUD.20 per MC Mining share, valuing it at between AUD69.34 million and AUD81.58 million, around GBP35.9 million to GBP42.2 million. The Vulcan proposal was higher than what was proposed by Goldway Capital Investments Ltd last month.
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