Media Room

Lynas seeks clarity on PM comments

ASX-listed Lynas on Monday said that it would seek clarification from the Malaysian government over comments made by Prime Minister Mahathir Bin Mohamad over the company’s continuation of operations.

Mohamad over the weekend noted that the Malaysian government had imposed an ‘extra condition’ on Lynas to remove waste, noting that the ‘waste’ could not go to Australia.

Maximus urges rejection of Kesli motion; sells Burbanks for A$5.8m

Junior gold company Maximus Resources has urged shareholders to vote against a motion by shareholder Kesli Chemicals to remove three of the company’s directors.

Kesli, which owns more than a 5% interest in Maximus, in March issued the gold miner with a notice demanding a general meeting to consider replacing three of the company’s directors with its own nominees.

ERG joins UN Global Compact

Diversified natural resources group Eurasian Resources Group (ERG) has joined the United Nations Global Compact – the world’s largest voluntary corporate citizenship initiative. ERG has also undertaken to implement the compact's ten principles in the areas of human rights, labour the environment and anticorruption.