Wir verwenden Cookies, um Ihnen eine optimale Funktion der Webseite zu ermöglichen. Wenn Sie weitersurfen, stimmen Sie der Cookie-Nutzung zu. Mehr erfahren
In Ihrem Webbrowser ist JavaScript deaktiviert. Um alle Funktionen dieser Website nutzen zu können, muss JavaScript aktiviert sein.
RohstoffWelt - Die ganze Welt der Rohstoffe HomeKontaktRSS
Powered by: Powered by GoldSeiten.de
 
[ Druckversion ]
Apollo Minerals Ltd.
Apollo Minerals Ltd.
Registriert in: Australien WKN: A0M5PT Rohstoffe:
Art: Originalaktie ISIN: AU000000AON7 Gold
Kupfer
Wolfram
Heimatbörse: Sydney/Melbourne Alternativ:
Währung: AUD    
Symbol: AON.AX Forum:

Australian Market Report of June 9, 2010: China Armco - Makes Strategic Investment in Apollo Minerals

09.06.2010 | 7:00 Uhr | ABN Newswire
14:30 AEST June 9, 2010 ABN Newswire (C) 2004-2010 Asia Business News PL. All Rights Reserved.

Sydney, Australia (ABN Newswire) - The Australian share market opened slightly lower on Wednesday with weakness in financial stocks. Wall Street has provided a flat lead to the local market. Mining stocks were mixed while commodities prices were firmer. Gold miners gained after gold price hit a record high overnight in London and New York.

Yesterday the Australian shares strongly rebounded as bargain hunters moved in after the market's deep losses in Monday session.

In economics data today, the Australian Bureau of Statistics releases housing finance data for April. Westpac and the Melbourne Institute release their Survey of Consumer Sentiment for June.


Company News

Iron ore explorer Apollo Minerals Limited (ASX: AON) said it has entered into a Subscription Agreement with China Armco Metals Inc (AMEX: CNAM) for Armco to take up to a 19.9 per cent interest in Apollo at a total subscription of A$4.3 million. The funds raised will be used to advance the company's exploration activities, to carry out processing option studies and to evaluate opportunities to access local infrastructure and other project opportunities. Apollo also agreed to sell to Armco not less than 15 per cent of the off-take from its flagship Mount Oscar iron ore project.

Singapore Telecommunications Ltd (ASX: SGT) unveiled in an statement that its India-based associated company, Bharti Airtel Ltd (BOM: 532454), has completed the acquisition of Zain Group's mobile operations in 15 countries across Africa for an enterprise valuation of US$10.7 billion. The transaction is the largest ever cross-border deal in emerging markets and will result in combined revenues of more than US$12.4 billion and EBITDA of US$4.7 billion, based on the last audited results. Bharti is now among the five largest mobile operators in the world.

Redflex Holdings Limited (ASX: RDF) said that after market closed yesterday it received an indicative, non-binding and confidential proposal to acquire all of the issued capital of Redflex by scheme of arrangement from a wholly owned subsidiary of Macquarie Group (ASX: MQG) at a price of A$2.5 per share. The company's board has not formed a view with respect to the proposal and recommends shareholders take no action at this stage. Redflex said previously in response to ASX query that it had been aware of a special crossing in respect of 8 million shares in the company after the close of trading on 4 June 2010 at a price of A$2.50 per share and the buyer is a large Australian financial institution



Contact:

Michelle Liang
Asia Business News Asia Bureau
Tel: +61-2-9247-4344
Email: michelle.liang@abnnewswire.net
 
Bookmarken bei Mister Wong Furl YiGG Wikio del.icio.us Webnews
A A A Schriftgröße
 
 
 
© 2007 - 2023 Rohstoff-Welt.de ist ein Mitglied der GoldSeiten Mediengruppe
Es wird keinerlei Haftung für die Richtigkeit der Angaben übernommen! Alle Angaben ohne Gewähr!
Kursdaten: Data Supplied by BSB-Software.de (mind. 15 min zeitverzögert)

Werbung | Mediadaten | Kontakt | AGB | Impressum | Datenschutz