London-based resource group Anglo American will focus its future investments in Brazil, CEO Cynthia Carroll told reporters during the inauguration of the Barro Alto nickel plant in Goiás state on December 6.
See http://www.bnamericas.com/news/mining/anglo-american-to-focus-investments-in-nation-ceo-says/277692669.…
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Three Latin American states are the envy of most other country in terms of the potential value of the major minerals that lie beneath their soil – particularly copper, iron ore and gold. Among developing …
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Brazilian steelmaker CSN struck a deal to sell its 19.9 percent stake in Australian coal miner Riversdale to mining giant Rio Tinto for A$780 million ($830 million), according to a securities filing.
See http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=125491&sn=Detail.…
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Brazilian steelmaker CSN’s acquisition of additional stakes in Australian coal miner Riversdale Mining is an attempt to hinder the latter’s takeover by multinational resource group Rio Tinto, SLW brokerage analyst Pedro Galdi told BNamericas.
See …
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London-listed Eurasian Natural Resources Corporation Plc has been on a takeover spree over the past year, using its cash pile to buy assets mostly in Africa to build up a broad-based mining house focused on …
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With weeks to go before the start of new Mercosur-EU talks on creating a free trade zone, the two sides clashed as they met in the Argentine capital to advance cooperation in mining trade. Officials …
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Anglo American beats earnings forecasts but stops short of reinstating dividends
The group posted a 51% drop in annual earnings per share on the back of weaker metal prices and said the resumption of dividend …
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As the acclaimed 3D film ‘Avatar’ is nominated for an Oscar in the Best Film category, tribal peoples around the world have claimed the film tells the real story of their lives today.
See http://www.indcatholicnews.com/news.php?viewStory=15576…
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Commentary by Nostromo Research, 1st July 2009
If anything is certain in mining, it’s that nothing is certain.
Rio Tinto recently reneged on its deal with Chinalco, which would have seen this massive Chinese state …
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Mining company Rio Tinto has put off plans to spend $205 million to develop a port facility in Agraciada, Uruguay, a company spokesman said Wednesday. “Rio Tinto is postponing the expansion of the Corumba mine …
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