Zinifex on prowl for zinc, copper acquisitions
Nov 27, 2007 | 10:21 AM
| Meghann McDonell
Sitting on a cash pile of Australian $2.2 billion ($1.93 billion), Melbourne, Australia-based Zinifex Ltd. is eyeing growth via zinc and copper acquisitions, chairman Peter Mansell told shareholders at the company's annual general meeting.
The company posted record annual earnings of A$1.3 billion ($1.14 billion) following the merger of its smelting assets with Umicore SA, Brussels, in September and the subsequent sale of 87 percent of its Nyrstar unit in an initial public offering in late October.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.