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Strickland gallops to glittering WA gold at Palomino
Strickland Metals has delivered “outstanding” initial diamond drill results at its Palomino prospect in WA with a 17m hit at a sparkly 10.6g/t gold from 144.7m.
- by Michael Philipps
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Opinion
Company mergers
BHP’s expensive date with the Anglo directors
The Anglo American board has finally agreed to let BHP put forward the case for its now $74 billion takeover plan after the Australian mining giant upped its offer for the second time.
- by Stephen Bartholomeusz
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A silver linings playbook
Every cloud has a silver lining and Dollar Bill reckons silver IS that silver lining right now. Once considered a poor man’s gold, silver is on the up and up.
- by Bill McConnell
News Corp signs lucrative content deal with ChatGPT maker OpenAI
The pact could be worth more than $US250 million over five years and will allow OpenAI to use News Corp content in the ChatGPT-maker’s products.
- by Shirin Ghaffary
Updated
Mergers & acquisitions
Anglo rejects BHP’s $74 billion third offer, but leaves door open for deal
BHP has gained a one-week extension to come up with an improved and binding takeover offer for Anglo American after its rival rejected its latest bid.
- by Simon Johanson
The Star not suitable for licence in any circumstance, inquiry told
Counsel assisting Caspar Conde said there is no indication the casino giant is fit to be given a licence, even under the eye of a special manager.
- by Amelia McGuire
Nine boss says he won’t tolerate bad behaviour following media reports
Nine CEO Mike Sneesby reminded staff of the media group’s complaints and whistleblower policies following reports of misconduct by a long-time senior executive.
- by Colin Kruger
Clock ticking for BHP as $64 billion bid deadline looms
The resources giant has until 2am on Thursday morning, Australian time, to increase its bid for rival miner Anglo American, issue a formal binding offer, or walk away.
- by Simon Johanson
Opinion
Board shake-up
Lendlease’s sacrifice of chairman won’t appease bloodthirsty investors
Many feel that the board has engaged in a bit of tinkering when full-scale renovation is needed.
- by Elizabeth Knight
Lendlease chairman to exit property giant at AGM
Global property giant Lendlease has announced that chairman Michael Ullmer will retire at its annual general meeting in November, following concerns about the company’s underperformance.
- by Carolyn Cummins
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King River continues NT copper-gold hunt after rain delay
The heavens have finally closed over Tennant Creek and King River Resources has declared itself open for drilling business at its project in the Top End.
- by Craig Nolan