Markets

Investors propose international agency to monitor mining

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A COALITION of investors managing $18 trillion in assets has called for the establishment of an independent International Minerals Agency modelled on the International...

Resource disputes reach decade-high amid mineral scramble

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DISAGREEMENTS between governments and investors over natural resources have surged to a 10-year peak, with 32 disputes already lodged this year, said Reuters citing...

Kore in talks to sell company after derisking $2.2bn Kola

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KORE Potash, the mineral fertiliser developer, has received two offers to buy the company, it said in an announcement on Tuesday. The bids were non-binding...

Rio Tinto urged to make “now or never” bid for Teck

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ACTIVIST fund Palliser Capital has urged Rio Tinto to mount a counterbid for Teck Resources which recently set out terms for a nil-premium merger...

Rio Tinto CEO emails staff about “fundamental” restructure

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RIO Tinto CEO Simon Trott wanted a "fundamental" reorganisation of the mining giant, focusing operations around its most profitable commodities, said Bloomberg News citing...

Governments set for more private equity minerals deals

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GOVERNMENTS will increasingly forge partnerships with private investors to secure supplies of critical minerals, according to a mining-focused investment firm that has sealed a...

South32 open to more portfolio changes, says new chair

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SOUTH32 chair Karen Wood will retire early next year after six years in the role, with mining veteran and former Anglo American CFO Stephen...

RBM may fall into China’s lap if Rio proceeds with swap...

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RICHARDS Bay Minerals could fall into Chinese hands if majority shareholder Rio Tinto offers the titanium miner as part of an asset for shares...

Rio Tinto explores Chinalco stake reduction deal

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RIO Tinto is considering an asset-for-equity arrangement with Chinalco that would reduce the Chinese investor's 11% holding, enabling the miner to restart share buybacks...

Appian secures $1bn World Bank partnership

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APPIAN Capital Advisory has secured a $1bn partnership with the World Bank's private sector arm to finance mining projects primarily in Africa and Latin...