The world’s largest minerals trading conglomerate now appears to be placing a lot of faith in big – if not bad – bankers to lift its recent lacklustre performance; not to mention some fiscal and reputational threats ahead. Although the now-combined...
Glencore Xstrata Plc, the biggest exporter of power station coal, is studying a plan to combine some of its Australian coal operations with mines run by Rio Tinto Group, according to two people familiar with the matter. Glencore and Rio own some of the largest thermal...
Glencore Xstrata Plc, the world’s largest exporter of power station coal, is being investigated by Italian tax police, which accused the group of evading more than 120 million euros ($158 million) in taxes. The authorities are reviewing some transactions between its...
Rio Tinto has reached a binding agreement to sell its Eagle project to Lundin Mining Corporation for an estimated US$325 million in cash. This transaction is expected to close in the third quarter of 2013 and is subject to regulatory approval. The Eagle project in the...
It’s the only Great Game worth playing (everyone knows that, but some people unfortunately still don’t recognise it). However football (soccer, that’s to say, not the US pretence) has had its image distinctly tarnished in recent years. Not least by...
A south west England mining revival is getting under way with development of the Hemerdon tungsten/tin property which will be one of the world’s largest tungsten mines. See...
