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ARTICLE · 12 DECEMBER 2012

Australian Resources Sector Update: December Edition

Corrs Chambers Westgarth
Corrs Chambers Westgarth
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Corrs Chambers Westgarth

Corrs Chambers Westgarth

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The update is a brief summary of recent announcements, market rumours, regulatory updates and other resources news.

AustraliaEnergy and Natural Resources

Introduction

Welcome to the December edition of the Australian Resources Sector Update, a monthly publication prepared by Corrs Chambers Westgarth for clients who are interested in the Australian resources industry.

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

This is the final edition for 2012. We will return in 2013 with a combined January/February edition.

Recent Announcements

Further to the story in the October edition of the Australian Resources Sector Update in relation to ASX-listed coal miner Blackwood Corporation's legal action against Mulsanne Resources (a corporation associated with Tinkler Group), the Supreme Court of New South Wales made an order on 20 November 2012 that Mulsanne Resources be wound up under the Corporations Act 2001 (Cth). In addition, the court ordered that Mulsanne Resources pay Blackwood's costs of

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