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ARTICLE · 12 MARCH 2014

Mining sector update: March 2014

Corrs Chambers Westgarth
Corrs Chambers Westgarth
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Corrs Chambers Westgarth

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The publication is a summary of recently completed deals, market rumours, potential opportunities and regulatory updates.

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

Welcome to the March 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.

Recently completed deals

On 13 February 2014, ASX-listed Cockatoo Coal announced that it has acquired a 90.02% interest in coal exploration company Blackwood Corporation and will soon be exercising its right to compulsorily acquire the remaining shares. Andrew Lawson, Managing Director of Cockatoo Coal, said that he was pleased that the takeover had been completed in an effective and efficient manner. He also said that he believes the combined company is "well positioned to continue the expansion of [the] current Baralaba mine on time and on budget".

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