Consolidation continues to be a key theme in the uranium sector. Shortly after Rio Tinto Ltd. took control of Hathor Exploration Ltd., Chinese nuclear giant China Guangdong Power Group has made a friendly offer for …
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Namibian uranium saga heats up
Rio Tinto, Chinalco finalize exploration joint venture
The new company’s priority will be exploring in China for copper, with plans to expand into coal and potash.
See http://www.mining-hub.com/2011/11/rio-tinto-chinalco-finalize-exploration-joint-venture/
Keeping Tabs on Sarawak’s “corrupt” chief minister
A massive Malaysian conglomerate, headed by the chief minister of Sarawak, Abdul Taib Mahmud (“Taib”), is now being investigated by the country’s Anti-Corruption Commission. Cahya Mata Sarawak (CMS), which is controlled by Taib and his …
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Move Beyond Coal, Now
The coal industry is racing to ensure its place in our world’s future before safer, healthier and cheaper clean energy takes hold.
Ill-equipped to compete and survive in the emerging clean energy economy it must …
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Rio Tinto Plans To Sell ‘A Lot’ Of Oyu Tolgoi Output To China
Rio Tinto plans to sell “a lot” of the output from the Oyu Tolgoi copper and gold project in Mongolia to China, and is in discussions with smelters in China, Rio Tinto’s U.S. Copper Chief …
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Borneo tribe loses Bakun dam case: Rio Tinto implicated in deal
A tribal group in the Malaysian state of Sarawak has lost a decade-long struggle to assert that a massive government land seizure violated its rights. The tribe had tried to overturn a decision which opened …
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London Calling sees Rio Tinto take it on the Chinalco
As reported last week, Vale of Brazil has just secured a big chunk of one of the world’s most-criticised new hydro dams. Now, China’s biggest aluminium producer, Chinalco, has signed a JV deal with a …
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China’s iron will alone is not enough
The Chinese regime wants to develop two or three new iron mines with a capacity of more than 100 million tonnes a year; several more with a capacity of about 30 million tonnes a year; …
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Glencore is accused of tax evasion in Zambia but goes for London Launch
Last week Switzerland-based Glencore – the world’s biggest minerals trader – announced it would seek a listing on the London and Hong Kong Stock exchanges in mid-May.
Amid the issues being raised about the firm’s …
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BHP Billiton is rolling in money
BHP predicts strong iron ore prices for 2 years; CEO denies anti-China spying reports
BHP CEO sees high iron ore price for up to 2 years, with optimistim on short term outlook. Kloppers dismisses WikiLeaks …
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Bound to Iron: China’s next five years
China’s dependency on iron ore is going to grow – that much is sure. Steel output is the rock on which its rapid industrialisation project is based.
But from where, and at what price, will …
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Climate news
‘Climate capitalism’ won at Cancun – everyone else loses
Positive spin about the global climate summit in Cancun is based on reaching international consensus and establishing instruments to manage the crisis using market-based strategies – …
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