The term sheet talked up Pantoro’s “significant” growth potential.
Property mogul and entrepreneur Shaun Bonett has a fortune of more than $2 billion, according to the Rich List. Those valuations might not live up to the hype.
Gold Road’s grip on Australia’s best undeveloped gold mine will loosen after it bought only a portion of its rights in De Grey to keep alive a rival deal.
The miner had been in talks about selling a big stake in the fertiliser development amid a plunge in prices linked to higher exports from Russia and Belarus.
Rio Tinto should not challenge BHP for control of Anglo American, and should instead target smaller lithium and copper producers, a major investor says.