HBF announces new agency roster of Leo Burnett, UM and 303 MullenLowe
December 18, 2020 11:20
Leo Burnett Melbourne has been named creative agency of record, servicing HBF’s operations on the east and west coasts of Australia. Meanwhile, IPG Australia has been appointed to media and marketing services.
IPG Australia has been engaged in an ‘open architecture model’. UM will be the lead media agency within IPG Mediabrands, and 303 MullenLowe will take a role in marketing services. Mumbrella understands the media account is worth between $20 – $30 million annually.
OMD was the incumbent on the media account. Mumbrella has contacted the agency for comment.
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Resolute Mining sells Bibiani to Chinese group
Employees at Resolute Mining s Syama project in Mali. Credit: Resolute Mining.
Australia’s
Resolute Mining (LSE: RSG; ASX: RSG) has agreed to sell its Bibiani gold mine in Ghana to China’s Chifeng Jilong Gold Mining for US$105 million in cash.
The Western Australia-based miner has received a US$5 million deposit upfront, with the remainder expected upon completion of the transaction, which is expected in March 2021.
Resolute Mining acquired Bibiani in 2004, but placed it on care and maintenance shortly after to allow exploration activities to further develop the asset into a large-scale operation.
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