Reclusive WA mining billionaire Mark Creasy is in advanced discussions to buy Macquarie Bank’s debt at Calidus Resources, in a deal that could give him a leg-up in controlling the Pilbara gold and lithium miner out of receivership.
Mark Creasy emigrated from the UK in 1964, after graduating from the British Royal School of Mines, and took a job in a Queensland coal mine. Aaron Bunch Photographer
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com