Maritana Minerals (ASX:MRT) appointed Elizabeth Jones as chief operating officer, effective Aug. 26, according to a Thursday Australian bourse filing.
Jones most recently served as general manager of Ramelius Resources (ASX:RMS), the filing added.
Maritana Minerals' shares fell around 1% in Thursday trading, while Ramelius Resources declined 3%.
Austral Resources (ASX:AR1) said all major workstreams for the refurbishment and restart of its Rocklands Copper Project in Queensland are progressing in accordance with its planned schedule and budget, according to a Thursday Australian bourse filing.The company said an unused 4.75-megawatt SAG mill was secured and purchased, with delivery to the site planned by late July, while existing ball milling, flotation, and concentrate handling infrastructure were confirmed suitable for the planned 3 million tonne per year processing capacity.GR Engineering Services (ASX:GNG) was appointed to complete engineering design and construction of front-end modifications, with front-end engineering design on track for completion in July, the filing added.A metallurgical test work program is advancing using confirmatory drill core from Rocklands, while a western operations mining campaign is underway at Flying Horse and Mt Clarke, initially providing oxide feed to Mt Kelly while exposing future sulphide feed for Rocklands, it added.The company's shares fell 4% in recent Thursday trade.
Japanese consumer electronics retailer Yamada Holdings Co (TYO:9831) plans to merge with rival retailer Edion (TYO:2730), according to a Nikkei report on Thursday.The boards of both companies will reportedly hold meetings this week to reach a preliminary agreement on the merger and decide whether to establish a holding company for the merged operations.Nikkei estimates that if the merger goes through, the combined sales figures of the two would be nearly 2.5 trillion yen, making the new company the largest electronics retail chain in Japan.In response to the news report, Edion acknowledged that it is considering a potential merger with Yamada; however, no definitive decision has been reached at this stage.The matter is scheduled for review at a board of directors meeting tomorrow, and any material developments will be disclosed promptly, Edion said in a filing to the Tokyo bourse on Thursday.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Tasmea (ASX:TEA) declared a fully franked special dividend of AU$0.10 per share, representing a capital return of about AU$26.2 million, according to a Thursday filing with the Australian bourse.The board approved the inclusion of the dividend in the company's dividend reinvestment plan at AU$6.85 per share, the filing said.The dividend is payable June 25 to shareholders on record as of June 10, per the filing.Shares fell nearly 2% in morning trade Thursday but earlier hit an all-time high.