DMCI Group will be seeking the approval of its shareholders to delist its mining unit, Toledo Mining, from the London stock exchange, a move meant to cut costs. In a disclosure to the stock exchange on Tuesday, June 18, DMCI Holdings said it will need to comply with...
Rio Tinto is delaying an event to mark first exports from the $6.2 billion Oyu Tolgoi mine in Mongolia, as it awaits final clearance from the government, sources familiar with the situation said on Thursday. Reuters and traders had been invited to a ceremony on June...
Rio Tinto Ltd has written $592.1 million off its Tiwai Point aluminium smelter in New Zealand, slashing its value to just $14.8 million. The smelter’s future is under a cloud as Rio seeks to sell it as part of a clutch of ageing Australasian aluminium production...
A wave of new African mining legislation designed to encourage investment in the continent at the same time as guaranteeing fair deals for host nations is struggling to achieve its aims, information released last week suggests. (Mentions Rio Tinto, AngloGold Ashanti,...
El Salvador’s battle to protect its water by becoming the first country to ban metal mining could have a wide-ranging resonance The companies involved are not British but the issue is of universal significance. See...
Britain lobbies for nuclear export group to admit India Britain has stepped up efforts to let India join an influential global body controlling nuclear exports, a move that would boost New Delhi’s standing as an atomic power but which has faced resistance from...
