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Sandfire Resources NL (SFR.AX)

SFR.AX on Australia Stock Exchange

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4:40am IST
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Latest Key Developments (Source: Significant Developments)

Mod Resources Says Supreme Court Made Orders Approving Scheme For Sandfire Resources To Acquire Co
Tuesday, 8 Oct 2019 

Oct 8 (Reuters) - Mod Resources Ltd ::SUPREME COURT OF WESTERN AUSTRALIA MADE ORDERS APPROVING SCHEME OF ARRANGEMENT FOR SANDFIRE RESOURCES TO ACQUIRE CO.  Full Article

Sandfire Resources Announces Execution Of A Farm-In Agreement With Auris Minerals
Monday, 23 Sep 2019 

Sept 23 (Reuters) - Sandfire Resources Nl ::ANNOUNCES EXECUTION OF A FARM-IN AGREEMENT WITH AURIS MINERALS LIMITED.DEAL FOR TWO AURIS EXPLORATION TENEMENTS IN CASHMAN PROJECT, BRYAH BASIN.  Full Article

Auris Minerals Says Entered Into Farm-In Agreement With Sandfire Resources Nl
Friday, 20 Sep 2019 

Sept 20 (Reuters) - Auris Minerals Ltd ::ENTERED INTO A FARM-IN AGREEMENT WITH SANDFIRE RESOURCES NL.FARM-IN AGREEMENT WITH SANDFIRE TO ADVANCE EXPLORATION AT CO'S CASHMAN PROJECT IN BRYAH BASIN OF WESTERN AUSTRALIA.SANDFIRE HAS RIGHT TO EARN 70% INTEREST IN CO'S CASHMAN TENEMENTS E51/1053, E51/1120 ON DISCOVERY OF MINIMUM 50,000 TONNES CONTAINED COPPER.UNDER DEAL, SANDFIRE MUST SPEND MIN $1.2 MILLION ON EXPLORATION WITHIN FIRST 12 MONTHS, ISSUE CO 30,000 FULLY PAID ORDINARY SFR SHARES.  Full Article

Sandfire Resources Says Court Has Given Orders To MOD Resources Ltd Approving Issue Of Scheme Booklet
Thursday, 22 Aug 2019 

Aug 22 (Reuters) - MOD Resources Ltd ::COURT HAS GIVEN ORDERS TO MOD RESOURCES LTD APPROVING ISSUE OF SCHEME BOOKLET IN RELATION TO SANDFIRE'S PROPOSAL TO ACQUIRE MOD.  Full Article

Sandfire Resources Nl Posts June Quarter Gold Production Of 11,967 Oz
Wednesday, 24 Jul 2019 

July 24 (Reuters) - Sandfire Resources NL ::FY2020 GUIDANCE AT 70-75KT CU AND 38-42KOZ AU.JUNE 2019 QUARTER COPPER PRODUCTION 18,519 T.FY2020 HEADLINE C1 CASH OPERATING COSTS ARE EXPECTED TO BE WITHIN RANGE OF US$0.90-0.95/LB.JUNE 2019 QUARTER GOLD PRODUCTION 11,967 OZ.FY2020 HEADLINE C1 CASH OPERATING COSTS ARE EXPECTED TO BE WITHIN RANGE OF US$0.90-0.95/LB.  Full Article

Sandfire Resources NL Says To Acquire MOD Resources By Way Of Scheme Of Arrangement
Tuesday, 25 Jun 2019 

June 25 (Reuters) - Sandfire Resources Nl ::TO ACQUIRE 100% OF MOD RESOURCES LIMITED BY WAY OF A MOD SCHEME OF ARRANGEMENT.IMPLIED SCHEME CONSIDERATION OF A$0.45 PER MOD SHARE VALUING EQUITY OF MOD AT A$167 MILLION.UNANIMOUSLY RECOMMENDED BY MOD BOARD, WHO HAVE CONFIRMED THEIR PRESENT INTENTION TO VOTE IN FAVOUR OF SCHEME.DEAL IS VALUE-ACCRETIVE TRANSACTION FOR SANDFIRE BASED ON T3 FEASIBILITY STUDY WITH UPSIDE FROM REGIONAL EXPLORATION POTENTIAL.  Full Article

Sandfire Resources America Says John McGonigle Appointed CFO
Monday, 1 Apr 2019 

April 1 (Reuters) - Sandfire Resources America::SAYS JOHN MCGONIGLE APPOINTED CFO.  Full Article

White Rock Minerals Signs JV Agreement With Sandfire Resources
Monday, 25 Mar 2019 

March 25 (Reuters) - White Rock Minerals Ltd ::JOINT VENTURE AGREEMENT SIGNED WITH SANDFIRE RESOURCES.WHITE ROCK SIGNS A$30M EARN-IN AND JOINT VENTURE OPTION AGREEMENT WITH SANDFIRE.EARN-IN AND JV OPTION AGREEMENT TO PERMIT SANDFIRE TO FARM-IN TO ITS INTERESTS IN RED MOUNTAIN PROJECT.  Full Article

MOD Resources Says Received Unsolicited, Non-Binding, Indicative & Conditional Proposal By Sandfire Resources NL
Monday, 21 Jan 2019 

Jan 21 (Reuters) - Mod Resources Ltd ::ANNOUNCES RECEIPT OF AN UNSOLICITED, NON-BINDING, INDICATIVE AND CONDITIONAL PROPOSAL BY ASX LISTED SANDFIRE RESOURCES NL.FUNDING FROM CAPITAL RAISE WILL ENABLE COMPANY TO PROGRESS T3 COPPER PROJECT TOWARDS A DEVELOPMENT DECISION.RAISED $10 MILLION THROUGH AN OVERSUBSCRIBED INSTITUTIONAL PLACEMENT AT $0.30/SH.BOARD BELIEVES SANDFIRE RESOURCES'S PROPOSAL UNDERVALUES MOD'S ASSETS.$5 MILLION TO BE RAISED THROUGH A FULLY UNDERWRITTEN RIGHTS ISSUE AT $0.24/SHARE.CO'S BOARD OF DIRECTORS AND METAL TIGER PLC HAVE COMMITTED TO TAKE UP THEIR ENTITLEMENTS IN RIGHTS ISSUE.FUNDS RAISED FROM PLACEMENT AND RIGHTS ISSUE ARE INTENDED TO BE USED TO COMPLETE A 2019 CAPITAL WORKS PROGRAM.FUNDS WILL ALSO ENABLE CO TO PROGRESS NEGOTIATIONS WITH A NUMBER OF PARTIES IN RESPECT OF FUNDING DEVELOPMENT OF T3 COPPER PROJECT.MOD CONTINUES TO EXPLORE ALL OPTIONS INCLUDING FURTHER ENGAGEMENT WITH SANDFIRE.  Full Article

Sandfire Resources Updates On Potential Takeover Offer By Co For MOD Resources
Monday, 21 Jan 2019 

Jan 21 (Reuters) - Sandfire Resources Nl ::SANDFIRE'S INTEREST IN EXPLORING A POTENTIAL COMBINATION OF TWO COMPANIES WAS ON BASIS OF $0.38 PER MOD SHARE.UPDATES ON POTENTIAL TAKEOVER OFFER BY SANDFIRE FOR MOD.  Full Article

Australian copper miner Sandfire wins over MOD board with sweetened offer

Australian copper miner Sandfire Resources NL sweetened its takeover offer for smaller rival MOD Resources Ltd on Tuesday, valuing it at A$167 million ($116.25 million) and enough to satisfy MOD's board.