Michael Vaughan News
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Andrew Strauss quit cricket after a 3 1/2-year stint as England Test captain in which the team attained the No. 1 ranking and beat archrival Australia home and away in Ashes series. He’s replaced by Alastair Cook.
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Australia’s Sundance Resources Ltd. is giving traders a chance to double their money on the richest mining takeover in five years.
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England bowler James Anderson called on his team to aim for dominance in all forms of cricket after it guaranteed No. 1 Test status by beating India.
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China’s need to acquire metal deposits in Africa is leading traders to bet that Minmetals Resources Ltd. will increase its offer for Australia’s Equinox Minerals Ltd. more than any pending deal in Asia.
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Sojitz Corp. and Lynas Corp. shares jumped after Japan’s biggest rare earth importer reached a deal with the Australian mining company, securing an additional source of supply after China slashed exports.
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Lundin Mining Corp. , the Canadian copper and zinc producer that agreed to be acquired by Inmet Mining Corp. , rejected Equinox Minerals Ltd. ’s C$4.2 billion ($4.3 billion) rival unsolicited takeover bid as too low.
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ATEC Rail Group Ltd. said it’s in talks with India’s GVK Group and Adani Enterprises Ltd. to buy a stake in a proposed rail link in Australia’s Galilee Basin, where about $32 billion of coal projects are being developed.
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Lundin Mining Corp. , the Canadian copper and zinc producer that agreed to be acquired by Inmet Mining Corp. , rejected Equinox Minerals Ltd. ’s C$4.2 billion ($4.3 billion) rival unsolicited takeover bid as too low.
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