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News

Difference between minnows and whales in iron ore comes down to rail and ports

Sydney Morning Herald 11/03/2010 | You have to love West Australian entrepreneurs. During an investor briefing held by iron ore junior, Atlas, on its takeover of the even smaller hopeful Aurox, the predator's chief executive David Flanagan was asked if he was confident that the target's principals (and largest investors) would vote in favour of the deal. He reckoned these Aurox blokes had already been to Riviera (the luxury boat outfit) to put in their orders.

Atlas-Aurox merger 'a bargain'

The Age 11/03/2010 | ATLAS Iron is paying a huge takeover premium to secure control of Aurox Resources and the extra 10-12 million tonnes of iron ore export capacity it can deliver. But there is broad agreement it has got a bargain.

Atlas pays top dollar for potential

Sydney Morning Herald 11/03/2010 | ATLAS IRON is paying one of the biggest ever takeover premiums to secure control of Aurox Resources and the 10 to -12 million tonnes of additional iron ore export capacity it can deliver. But there is broad agreement it has got a bargain.

Stocks break run of eight days of gains

The Age 11/03/2010 | THE sharemarket closed flat after eight consecutive days of gains, as weaker mining stocks offset a stronger financial sector.

Briefs

Sydney Morning Herald 11/03/2010 | BUILDING PRODUCTS

Investors are cold over NAB-AXA merger

Sydney Morning Herald 11/03/2010 | Investors believe a merger between National Australia Bank and AXA would be bad for the country and reduce the number of investment products now available, a survey has found.

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