AUSTRALIA

Miners turned oilies appealing ASX decision

INTERNATIONAL Petroleum and Global Iron are appealing an Australian Securities Exchange decision to block their respective acquisitions of oil and gas assets in Kazakhstan and offshore Liberia.

Miners turned oilies appealing ASX decision

On March 26, the ASX told the two companies - both miners which are moving into petroleum and have colourful entrepreneur Frank Timis as a director - that it was using its rarely used power of "absolute...

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