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ARTICLE · 05 JUNE 2013

Australian Mining Sector Update: June 2013 Edition

Corrs Chambers Westgarth
Corrs Chambers Westgarth
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Corrs Chambers Westgarth

Corrs Chambers Westgarth

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The publication brings together summaries of information on recent deals, market rumours and relevant regulatory updates.

AustraliaEnergy and Natural Resources
Michael MacGinley
Michael MacGinley
Bruce Adkins
Bruce Adkins
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Introduction

Welcome to the June 2013 edition of the Australian Mining Sector Update, a monthly publication prepared by Corrs Chambers Westgarth for clients 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

Further to our story in the May 2012 edition of the Australian Resources Sector Update, ASX-listed coal miner Aquila Resources announced on 29 April 2013 that its proposed joint venture with Sumisho Coal Australia Pty Limited, a wholly owned subsidiary of Japan's Sumitomo Corporation, is not proceeding. Sumitomo elected not to proceed with the acquisition of a 20% to 50% interest in Aquila's collection of wholly owned coal exploration permits in Queensland (excluding the Washpool Hard Coking Coal Project and Talwood Coking Coal Project) following two independent

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