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Minara Resources

Mining company in Western Australia From Wikipedia, the free encyclopedia

Minara Resources
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Minara Resources was a mining company in Western Australia, specialising in the mining of cobalt and nickel. Minara operated the Murrin Murrin Mine located in the north-east Western Australian Goldfields.

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Based in Perth, Minara Resources was founded in 1994 as the successor to Anaconda Nickel which was founded by Fortescue chief Andrew Forrest. In 2006, it had a market capitalisation of approximately $1.3 billion. At the time of takeover, it was valued at $1.02 billion.[1]

In August 2011, Glencore launched a successful takeover offer for the 27% of shares it didn't own.[2] Minara Resources was delisted from the Australian Securities Exchange in October 2011.[3][4]

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