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21 Mar
03:21

Wyloo offers to take over Mincor Resources

Wyloo Metals, owned by Australian mining magnate Andrew Forrest, is offering to take over Australian nickel producer Mincor Resources for AUD 760 million ($509m), Kallanish notes.  Wyloo Consolidated Investments, a subsidiary of Wyloo Metals, has announced an on-market takeover offer for all shares in Mincor Resources that are not owned by Wyloo Consolidated.  The Wyloo Group is Mincor Resources’ largest shareholder, with an interes…
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