http://www.abnnewswire.net/corssxml.asp?29271Asia Business News - Company Newsen-usCopyright 2004-2013, ABN Newswirenewsroom@abnnewswire.netnewsroom@abnnewswire.netWed, 22 May 2013 10:37:01 +0900Wed, 22 May 2013 10:37:01 +0900http://www.abnnewswire.net/images/abnlogo.jpghttp://www.abnnewswire.net/corssxml.asp?292716019Asia Business News - Exco Resources Limited Company Newshttp://www.abnnewswire.net/press/en/68154/Exco_Resources_Limited_(ASX:EXS)_Announce_Completion_of_the_Sale_of_Cloncurry_Copper_Project_to_Xstrata_(LON:XTA).htmlExco Resources Limited (ASX:EXS) (PINK:EXRSF) is pleased to announce that it has today completed the sale of the Cloncurry Copper Project to Xstrata (LON:XTA) for A$175 million. Having now received the completion funds, Exco's current cash balance is in excess of A$220 million (pre-tax) which equates to approximately 62 cents per share, fully diluted. As previously announced on 3rd June 2011 the Company will now progress to return A$135 million (39 cents per share, fully diluted) to Exco shareholders ... more newsroom@abnnewswire.net (ABN Newswire)Exco Resources Limited Company Newshttp://www.abnnewswire.net/press/en/68154/Exco_Resources_Limited.htmlThu, 30 June 2011 11:57:00 +0900http://www.abnnewswire.net/press/en/68001/Kagara_Limited_(ASX:KZL)_Letter_to_Copper_Strike_(ASX:CSE)_Shareholders.htmlKagara Limited releases the following letter to Copper Strike (ASX:CSE)shareholders regarding the proposed transaction with Jintai and Taifeng: Dear Copper Strike Shareholder, As you may be aware, Copper Strike Limited ("CSE") has convened a General Meeting on 29 June to consider a proposed transaction between CSE and two Chinese companies, Beijing Jintai Yuanchung Mining Co Ltd ("Jintai") and Taifeng Yuanchung International Development Group ("Taifeng"). I am writing ... more newsroom@abnnewswire.net (ABN Newswire)Exco Resources Limited Company Newshttp://www.abnnewswire.net/press/en/68001/Exco_Resources_Limited.htmlTue, 21 June 2011 16:15:00 +0900http://www.abnnewswire.net/press/en/67763/Exco_Resources_Limited_(ASX:EXS)_Update_On_Sale_Process_Of_The_Cloncurry_Copper_Project_To_Xstrata_(LON:XTA).htmlExco Resources Limited (ASX:EXS) is pleased to announce that, in consultation with its major shareholders, it has conducted a review of its capital management options in the context of the Company's post-deal cash position. As previously reported, issues that are relevant in determining the final amount and timing of the planned distribution(s) include: - Taxation outcomes (including the amount that may be paid as a tax free capital return), and - An assessment of the Company's exploration ... more newsroom@abnnewswire.net (ABN Newswire)Exco Resources Limited Company Newshttp://www.abnnewswire.net/press/en/67763/Exco_Resources_Limited.htmlFri, 3 June 2011 11:49:00 +0900http://www.abnnewswire.net/press/en/67702/Exco_Resources_Limited_(ASX:EXS)_Clarification_and_Update_On_Sale_of_the_Cloncurry_Copper_Project.htmlExco Resources Limited (ASX:EXS) (PINK:EXRSF) ('the Company") notes speculation in the press this morning regarding inter alia '..Ivanhoe making a takeover offer...' (for the Company). The Company wishes to clarify that it is not in discussions with Ivanhoe with a view to Ivanhoe making a bid for the Company and is unaware of any basis for such speculation. Furthermore the Company notes that Ivanhoe have informed the market that " ...it is not considering a takeover offer ... more newsroom@abnnewswire.net (ABN Newswire)Exco Resources Limited Company Newshttp://www.abnnewswire.net/press/en/67702/Exco_Resources_Limited.htmlTue, 31 May 2011 12:15:00 +0900http://www.abnnewswire.net/press/en/67099/Xstrata_(LON:XTA)_To_Acquire_Exco_Resources_Limited_(ASX:EXS)_Cloncurry_Copper_Project_For_A$175_Million.htmlExco Resources Limited (ASX:EXS) (PINK:EXRSF) and Xstrata (LON:XTA) (PINK:XSRAY), via its wholly owned subsidiary Mount Margaret Mining Pty Ltd, have entered into an Asset Purchase Agreement (APA), pursuant to which Exco has agreed to sell the Cloncurry Copper Project ("CCP") (Comprising the E1, Monakoff and Monakoff East deposits and ML 90157, ML 7122, MLA 90198, MLA 90199, MLA 90200 and MLA 90201 as well as EPM 7085, EPM 8609, EPM 14201 and EPMA 18038.) The Proposal is subject to conditions ... more newsroom@abnnewswire.net (ABN Newswire)Exco Resources Limited Company Newshttp://www.abnnewswire.net/press/en/67099/Exco_Resources_Limited.htmlWed, 20 Apr 2011 12:55:00 +0900http://www.abnnewswire.net/press/en/66858/Exco_Resources_Limited_(ASX:EXS)_Clarify_Press_Reports.htmlExco Resources Limited (ASX:EXS) (PINK:EXRSF) notes speculation in the press this morning regarding an 'approach from an international bidder' in respect of the Company. The Company wishes to clarify that it is not in discussions with any international entity with a view to that entity making a bid for the Company. The Company also notes that the speculation linked the 'approach' to interest in the Company's Cloncurry Copper Project (CCP). As disclosed previously, the ... more newsroom@abnnewswire.net (ABN Newswire)Exco Resources Limited Company Newshttp://www.abnnewswire.net/press/en/66858/Exco_Resources_Limited.htmlTue, 5 Apr 2011 13:35:00 +0900http://www.abnnewswire.net/press/en/66807/Exco_Resources_Limited_(ASX:EXS)_Update_on_Royalty_Arrangements.htmlCopperChem Limited ("CopperChem"), a privately owned resource development company have advised Exco Resources Limited (ASX:EXS) (PINK:EXRSF) that mining of oxide ores from Exco's wholly owned Mt Colin deposit in the Cloncurry area of NW Queensland has been completed. Exco is entitled to a royalty on oxide ore mined from Mt Colin and an amount of A$117,000 is now payable by CopperChem to Exco. Exco retains exclusive rights to the remaining resources at Mt Colin. In addition to the ... more newsroom@abnnewswire.net (ABN Newswire)Exco Resources Limited Company Newshttp://www.abnnewswire.net/press/en/66807/Exco_Resources_Limited.htmlFri, 1 Apr 2011 12:49:00 +0900http://www.abnnewswire.net/press/en/66469/Exco_Resources_Limited_(ASX:EXS)_White_Dam_Production_And_Resource_Update.htmlExco Resources Limited's (ASX:EXS) (PINK:EXRSF) 75%-owned White Dam Gold Project is located in South Australia approximately 80km west of Broken Hill. The project consists of the White Dam Deposit and the nearby Vertigo Deposit and White Dam North, White Dam South and Ambush Prospects. Under the management of Exco's joint venture (JV) partner Polymetals Group Pty Ltd (Polymetals), the project has continued to perform extremely well in early 2011. The first two months of production in ... more newsroom@abnnewswire.net (ABN Newswire)Exco Resources Limited Company Newshttp://www.abnnewswire.net/press/en/66469/Exco_Resources_Limited.htmlFri, 11 Mar 2011 08:24:00 +0900