| From Businessspectator.com.au: The Australian junior mining corporation, Aquila Resources, is doing well. The group has coking coal tenements in Queensland and large channel iron ore resources in Western Australia.
It is rumoured that a number of big miners are looking at Aquila, perhaps with a view to a takeover. Possible suitors could include Xstrata Plc, ArcelorMittal or steel groups in China wanting raw materials. The management of Aquila is considering a range of options, but no firm decisions have been made.... Full Article: Source
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