UK-based Griffin Mining reported that it has scrapped its plans to take over Canadian group Ivernia for $C27m and acquire its Magellan lead mining operation in Western Australia. For full story, click here
Ivernia Inc., sole owner and operator of the Magellan lead mine in Western Australia, reported that it is aware of the press release issued on March 24, 2009 by Griffin Mining Limited indicating it proposes to make an unsolicited take-over bid for all of the shares of Ivernia. For full story, click here
Magellan Metals said thta it supports the Premier’s firm commitment (made in Esperance yesterday) to resolving issues quickly. For full story, click here For company’s website, click here
Wednesday, April 8, 2009