|
02
Aug
2017
Yancoal to raise $2.5bn for Hunter Valley coal acquisitionBy:Creamer Media Senior Deputy Editor: Australasia COAL ASX-listed Yancoal on Wednesday announced a $2.5-billion capital raise to fund the acquisition of mining major Rio Tinto’s Coal & Allied assets.
Yancoal told shareholders that the company would launch a 23.6-for-1 pro-rata renounceable entitlement offer, priced at 10c each, to raise the funds.
This content is only available to subscribers.
Forgot your password? Click here
Don't have any login details?
Free Trial Access
|
Just Energy Transition 2024: Investing in the future
Buy Report
Hydrogen 2024: Implementation crucial going forward
Buy Report
Roads, Rail & Ports 2024: Inefficiencies reach new lows
Buy Report
Africa Mining Projects in Progress 2024
Buy Report
Iron-Ore 2023/24: Bracing for change
Buy Report
Platinum Group Metals 2023: Crucial Element in the Energy Transition
Buy Report
Akkuyu nuclear power plant project, Türkiye – update
Published: 10 May 24
AMSA renewable-energy project, South Africa – update
Published: 10 May 24
Spherical Tokamak for Energy Production, UK – update
Published: 10 May 24
Pledges worth $2.2-billion to support clean-cooking access in Africa were made at a summit in France on Tuesday, convened by the International...
Equites reports sustained growth in rentals market
Published: 14 May 24
Real estate investment trust Equites Property Fund has reported sustained growth in its rental portfolio over the past few years and expects this...
Mining production, sales drop in March
Published: 14 May 24
Mining production decreased by 5.8% year-on-year in March, Statistics South (Stats SA) reports. The largest negative contributors were coal (-9.1%...
