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'M&A in mining has finally begun': Jefferies

INVESTMENT bank Jefferies has heralded the start of big merger and acquisition activity in the mining space following BHP's A$8.4 billion proposed offer for OZ Minerals.

Kristie Batten
OZ Minerals' Prominent Hill mine in South Australia

OZ Minerals' Prominent Hill mine in South Australia

Though OZ rejected the proposed $25 per share offer, it injected some excitement into the mining sector. While the likes of JP Morgan were "underwhelmed" by the bid (from BHP's point of view), OZ is...

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