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ARTICLE · 15 MARCH 2013

Australian Resources Sector Update: March Edition

Corrs Chambers Westgarth
Corrs Chambers Westgarth
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Corrs Chambers Westgarth

Corrs Chambers Westgarth

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The bulletin is a summary of recent deals, market rumours, opportunities and regulatory updates in the resources sector.

AustraliaEnergy and Natural Resources

Introduction

Welcome to the March 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.

Recent Announcements

ASX-listed BHP Billiton announced on 20 February 2013 that Marius Kloppers will retire as Chief Executive Officer on 10 May 2013 and Andrew Mackenzie will succeed him. Currently, Mr Mackenzie is BHP Billiton's Chief Executive of Non-Ferrous Mines.

Further to our story in the January/February 2013 edition of the Australian Resources Sector Update, ASX-listed iron ore miner Sundance Resources announced on 8 February 2013 that China's Hanlong (Africa) Mining Investment's offer to acquire all of the issued shares in Sundance Resources at A$0.45 per share remains

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