Investors have written to BHP Billiton and Rio Tinto to say the miners should ditch ambitions for mega deals in favour of multi-billion pound share buyback schemes, The Sunday Telegraph reported. The newspaper said shareholders, which it did not name, have asked for...
In 1860 a Dutch company secured “rights” to mine tin from two of the largest deposits of their kind, on the Indonesian tropical islands of Bangka and Belitung. That company – Billiton – didn’t withdraw from the islands until 1958, by...
Summary of news 22-28 January, by Jen Moore, Miningwatch Canada Greystar is a Canadian company with a secondary listing on London’s Alternative Investment Market. During the last week, Colombia’s Minister of Mines and Energy, Carlos Rodado Noriega, recommended...
Severstal gold unit hoping for $1.5bn on Initial Public Offering Russian mining group Severstal’s gold unit Nord Gold is seeking up to 933 million pounds ($1.5 billion) from a London float, pushing the hoped-for total from Russian IPO hopefuls past $3 billion...
In a case which may have implications for London-listed Gem Diamonds, the Botswana government has been judged guilty of ‘degrading treatment’. The case was described as ‘a harrowing story of human suffering and despair’. See...
A major copper-gold exploration project on Aboriginal territory has been knocked back by South Australian court. The presiding Judge concluded that: “The native title in the land of the traditional owners in preventing mining are significant and genuine. The...
