Rio Tinto Group, the world’s third-biggest mining company, said it won’t seek full control of its Mongolian project partner Ivanhoe Mines Ltd. after an arbitrator ruled in its favor in a shareholding dispute.
See http://business.financialpost.com/2011/12/13/rio-tinto-says-its-not-pursuing-full-takeover-of-ivanhoe/…
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A report by Peace Brigades International (PBI) declares that Colombia’s current mining boom is overshadowed by human rights violations and mass displacement of residents in mining areas. “80% of the human rights violations that have …
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An agreement was signed in Jakarta on 14 December between PT Freeport Indonesia Workers’ Union (SP KEP SPSI) and management of the world’s largest gold and second largest copper mining complex – Grasberg in Papua …
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An arbitrator has ruled that a “poison pill” rights plan erected by Ivanhoe to try and stop a Rio Tinto takeover, does not apply to the latter, leaving Ivanhoe vulnerable to a takeover next year.…
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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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Rio Tinto’s chief executive Tom Albanese said that he would lobby Canada to ensure it was the operator of the Roughrider uranium project in Saskatchewan, despite legal hurdles, after its successful takeover of Hathor.
At …
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The assassination of environmental and human rights’ activist, Shehla Masood, brought into sharp focus plans by Rio Tinto to open India’s first new commercial diamond mine in the state of Madhya Pradesh.
Recently, Australian Broadcasting …
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How the mighty have fallen!
According to a recent survey, billions of dollars have been wiped off the bank accounts of Australia’s richest individuals – especially those who profit from the mining industry.
Nonetheless, they’re …
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Rio Tinto is set to “rough ride” over a promising eponymous uranium deposit in Canada’s Athabasca Basin.
This will mark a re-entry by the UK mining giant into uranium exploitation in Canada – the world’s …
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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/
International commodities trader Noble Group has formed an alliance with Australia’s Aspire Mining to market Mongolian coking coal. Aspire’s biggest shareholder, SouthGobi Resources, is majority held by Canadian miner Ivanhoe Mines. Vancouver-based Ivanhoe is itself …
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For the elite athletes of the world it’s a moment to dream of – standing on the podium to be crowned an Olympic champion. In all, 4,700 medals will be draped around the necks of …
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