Caledon Resources News
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23-06-2011
The long delayed takeover of Australian coking coal miner Caledon Resources by Guangdong Rising Assets Management (GRAM) moved a step closer Thursday, as the boards of both companies confirmed the offer terms of the agreed bid.
15-06-2011
Coal miner Caledon Resources said Guangdong Rising Asset Management(GRAM) has received formal approval from the Chinese state authorities for the potential acquisition of Caledon.
12-05-2011
A round-up of the biggest director deals today so far.
03-05-2011
Despite the severe flooding in early January affecting production at Queensland-focused Caledon Resources, the coal miner was able to grow production numbers in the first quarter of 2011.
28-02-2011
Bid target Caledon Resources saw revenues rise to AS$93m in 2010 from AS$67.8m in 2009, helped by increased production and rising coal prices.
28-02-2011
Coal miner Caledon Resources says that its Chinese bidder has still not received government approval.
27-01-2011
AIM-quoted and ASX-listed Caledon Resources is giving its bidder more time to publish an offer.
13-12-2010
Coal miner Caledon Resources, which is the subject of a 112p a share bid from Guangdong Rising Asset Management (GRAM), says its coal resource estimate at Minyango has been increased by 256% to 1,216Mt.
08-11-2010
AIM-quoted Polo Resources will be a winner from a bid for coal miner Caledon Resources.
08-11-2010
Shares were on balance slightly lower as trading closed, with investors continuing to pause for breath following the strong gains seen last week on the back of the renewal of quantitative easing in the US.
08-11-2010
The Footsie drifted lower over the lunchtime session, hitting a new low for the day, as the afterglow of the Fed's quantitative easing boost begins to fade. There was also an element of caution ahead of this week's Group of 20 meeting in South Korea.
08-11-2010
Leading shares are mixed but still trending lower, with cautious investors banking a few profits after the UK market rose more than 3% last week.
08-11-2010
Leading shares are mixed but with a lower bias, with cautious investors banking a few profits after the UK market rose more than 3% last week.
08-11-2010
After the tumultuous events of last week London has paused for breath, with Footsie making only slight gains early on.
08-11-2010
Aussie coal miner Caledon Resources has received a firm cash bid worth almost two-thirds more than an approach earlier in the year.
29-10-2010
Caledon Resources says that it is still in talks with a potential bidder and it has extended its loan facilities from fellow AIM-quoted minerals explorer and Caledon shareholder Polo Resources, but that has cost £550,000.
17-09-2010
Having enjoyed a brief foray above 5,600 Footsie has slipped back below that level as miners come off the top, though the index remains in positive territory on the day.
17-09-2010
Shares in Australian coal miner Caledon Resources jumped after it announced that it is again in discussions over an offer for the group.
31-08-2010
Australian coal miner Caledon Resources posted heavy losses in the six months to June 30 due to the strengthening of the Australian dollar, despite a recovery in coal prices.
24-08-2010
The strategy at debt-heavy pubs group Punch Taverns is working, according to KBC Peel Hunt, but it is doing so slowly.
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