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Frontier Resources (ASX:FNT) completes site investigation at Tolukuma
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Frontier Resources (FNT) has completed a geotechnical site investigation of the proposed drilling pads at Saki Gold Prospect, located within the Tolukuma gold project in Paupa New Guinea
The field investigation found potential geohazards that required immediate corrective safety measures
Four drill pads were identified to be in the high-risk zones and two drill pads in the medium risk
Additionally, five water sampling sites were sampled and analysed and found to be safe for drinking by the local villages and at the Saki exploration camp
Coca Cola Amatil’s (ASX:CCL) shareholders to vote on European takeover
The billion-dollar takeover of Coca Cola Amatil (CCL) now lies in the hands of shareholders
The first court hearing has taken place, with the New South Wales Supreme Court ordering Amatil to give its shareholders the vote to decide on the takeover
Last year, the company reported that its European counterpart, Coca-Cola European Partners (CCEP), wanted to buy it for nearly $10 billion
Shareholders are then expected to vote on the deal on April 14
On the market today, Amatil is up 0.07 per cent and is trading at $13.43 per share