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ARTICLE · 01 SEPTEMBER 2014

Australian Mining Sector Update - August 2014

Corrs Chambers Westgarth
Corrs Chambers Westgarth
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Corrs Chambers Westgarth

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This update has summaries of recent announcements, market rumours & opportunities, regulatory updates and other news.

AustraliaEnergy and Natural Resources
Michael MacGinley
Michael MacGinley
Bruce Adkins
Bruce Adkins
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Welcome to the August 2014 edition of the Australian Mining Sector Update, a monthly publication prepared by Corrs Chambers Westgarth for clients and contacts who are interested in the Australian mining industry.

This publication brings together a brief summary of information on recently completed deals, market rumours, potential opportunities and relevant regulatory updates.

RECENT ANNOUNCEMENTS

On 1 August 2014, Guildford Coal, the ASX-listed resources explorer, announced that it has reached agreement with SGX-listed Sino Construction Limited, to enter into a term sheet for Sino to acquire all of Guildford's Australian coal assets, comprising the Clyde Park, Pentland, Springsure and Hughenden Projects (Galilee / Eromanga Basins), the Sunrise Project (Surat/ Bowen Basin), the Monto Project (Nagoorin Graben and Mulgildie Basin), the Sierra Project (Bowen Basin) and the Kolan Project (Maryborough Basin).

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