Rio announces Chinalco exploration tie-up, extends Sinosteel JV Global miner Rio Tinto will explore mainland China for mineral deposits in a joint venture (JV) with State-owned Chinalco, CEO Tom Albanese announced on Friday. The two companies signed a memorandum of...
Anglo American subsidiary Anglo Platinum, the world’s leading name in the mining of platinum group metals, has confirmed initiation of legal process by the Modikwa Joint Venture (Anglo Platinum and Johannesburg-listed African Rainbow Minerals, or ARM) on nine...
But does it really set a precedent? Four years ago, members of South Africa’s Bengwenyama-ye-Maswazi community sued a company called Genorah, along with various government officials, including the mines’ minister. They sought cancellation of prospecting...
Workers and management agreed on Monday to end the 32-day long strike, the longest-ever at a major private mine in Chile. Miners will return to work during Tuesday’s first shift. Collahuasi, owned by Xstrata and Anglo American, extracts about 3.3 percent of...
Mining Initial Public Offerings (IPOs) in London A Glencore London float could value group at £30 billion plus In what U.K. newspapers say could be the largest stock market IPO of the year, weekend reports say that the big Swiss-headquartered metals mining and trading...
Some of the landowners affected by Rio Tinto subsidiary BCL’s Panguna project have decided that they would like the mine reopened, but on their terms. About 100 representatives from the six Panguna mine lease affected areas met in Buka for two days at the Kuri...
