African Iron (AKI)

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Stock Exchange


African Iron (AKI) Formerly known as Stirling Minerals is an Australia-based company. The Company is principally engaged in resource mineral exploration. The Company operates in one industry, mineral resource exploration and assessment of mineral projects, and in one geographical segment, being Australia.

African Iron's Major Shareholder Accepts Exxaro's Offer

South African miner Exxaro is on its move to takeover African Iron (AKI) after the ASX-listed company's major shareholder Cape Lambert Resources (CFE) accepted the offer of the bidder.

Exxaro Bids $338m for African Iron

Shares of Australian-listed company African Iron (AKI) climbed by 14 cents or 35 per cent to 54 cents after it announced that it signed a Takeover Bid Implementation Agreement (TBIA) with South African miner Exxaro Resources for a takeover for all of African Iron's shares.

Sharemarket on Wednesday: Floats and Meetings

No upcoming ex-dividends are scheduled in the sharemarket world on Wednesday, November 23, 2011. On the other hand, there will be an Extraordinary General Meeting, two floats and several Annual General Meetings scheduled on the said day.


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