The appeal of the WMC twins

Article Abstract:

WMC split into Alumina Ltd. and WMC Resources in December 2002, and the new stocks appear to have stopped rising after an early takeoff. Acquisition offers are possible for both of the new companies. Investors now have a choice of two specialized, reasonably priced mining stocks.

Author: Rennie, Philip
Ferroalloy ores, except vanadium, Chemical and Fertilizer Minerals, Evaluation, Column, Nonmetal mining, Ores, Fertilizers, Ferroalloys, WMC Ltd., Alumina Ltd.

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Hot rocks

Article Abstract:

Swiss based Xstrata's plans for a take over bid of WMC Resources, the hike in share prices of Uranium and the growth of the uranium market, plans for the construction of nuclear plants in different parts of the globe keeping in view the Kyoto protocols, are discussed.

Author: Rennie, Philip
Strategy & planning, Acquisitions & mergers, Market information - general, Switzerland, Primary nonferrous metals, not elsewhere classified, Primary Smelting and Refining of Nonferrous Metal (except Copper and Aluminum), All Other Basic Inorganic Chemical Manufacturing, Uranium Metal, Industrial inorganic chemicals, not elsewhere classified, METAL MINING, Reprocessed Activated Uranium, Planning, Mergers, acquisitions and divestments, Company acquisition/merger, Supply and demand, Design and construction, Nuclear power plants, Uranium, Company business planning, Xstrata PLC

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More in store for the WMC bid

Article Abstract:

The share price of WMC Resources in the context bids of Xstrata and Rio Tinto to purchase uranium mining assets in Australia is examined.

Author: Rennie, Philip
Natural resources

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Subjects list: Australia, Mining industry, Securities, Company securities, Mineral industry, WMC Resources Ltd., Specialty metals industry, WMR
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