CBH Resources said it received a revised proposal from its major shareholder, Toho Zinc Co., Ltd after the close of trade Monday that rivals that put forward by Nyrstar NV on Monday. [More]

Rio Tinto expects economy wide inventory rebuilding in the OECD to provide a short-term boost to activity. [More]

Telstra Corporation announced the completion of a 10-year benchmark €1bn Eurobond issue, with a 4.25% annual coupon and a maturity of 23 March 2020. [More]

Speculation has surfaced suggesting Arrow Energy is set to reject Royal Dutch Shell and PetroChina’s joint $3.3bn takeover bid for the Australian coal seam gas company. [More]

Peak Resourcess' Alastair Hunter said the company had not experienced any political issues in Tanzania due to its positive relationship with the government, reaffirming the comments earlier last week from Lihir Gold acting CEO Phil Baker that Australia presents a greater sovereign risk to the miner than many African countries. [More]

Cape Lambert Resources shares climbed Friday morning after the company said its has entered into an agreement with Hong Kong company China Sci-Tech Holdings, for the sale of its 100% interest in the Lady Annie Project in Queensland for $135m. [More]

Cooper Energy said flooding in the Cooper Basin is expected to have some impact on its operations in South Australia due to roads being cut-off and oil fields being isolated. [More]

Pharmaxis announced the successful completion of a Phase IIa dose profiling study with its new anti-inflammatory agent ASM8 in patients with allergic asthma. [More]

OrotonGroup reported a net profit of $15.4m for the six months ended 23 January 2010, an increase of 24% on the previous corresponding period. [More]

Australia and New Zealand Banking Group said it has received regulatory approvals in the acquisition of the Royal Bank of Scotland’s Singapore and Taiwan businesses. [More]