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ARTICLE · 14 NOVEMBER 2013

Mining Sector Update - November 2013

Corrs Chambers Westgarth
Corrs Chambers Westgarth
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Corrs Chambers Westgarth

Corrs Chambers Westgarth

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

AustraliaEnergy and Natural Resources

INTRODUCTION

Welcome to the November 2013 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

Further to our story in the October 2013 edition of the Australian Mining Sector Update, on 29 October 2013, ASX-listed minerals exploration, development and mining company Inova Resources announced that it has received notice from Shanxi Donghui Coal Coking & Chemicals Group that all Chinese regulatory approvals have been received in relation to Shanxi Donghui's takeover offer for all of the issued shares of Inova at a price of A$0.22 per share. Further, Shanxi Donghui has advised that it has waived all remaining conditions of its takeover offer,

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