Home News Page 1085

News

Rio Tinto a likely future partner at Husab

0
Rio Tinto may enter into another partnership with a Chinese firm, this time in Namibia, where it may be the preferred participant as China swoops on another strategic asset.

Rio Tinto says could export Guinea iron ore ‘early’

0
Rio Tinto may use trucks to export iron ore from its Simandou project in Guinea before a 2015 target, says CEO Tom Albanese.

China Guangdong says Extract worth $2.2bn

0
China Guangdong Nuclear Power Corp has valued its proposed offer for Australia's Extract Resources at $2.22bn, after agreeing to buy Kalahari Minerals, the top shareholder in Extract.

Kumba, Amsa put arbitration on ice

0
ArcelorMittal SA and Kumba Iron Ore have placed an arbitration process over a supply agreement on hold, saying it will continue once the court case over the disputed Sishen right is finalised.

JP Morgan warns over slumping platinum output

0
JP Morgan Cazenove has sounded a warning over the negative impact on the platinum miners of falling production linked to increased safety inspections by the Department of Mineral Resources.

Anglo names new boss for Brazil iron ore

0
Anglo American has replaced the head of its Brazilian iron ore operations, which includes its flagship $5bn Minas-Rio project, naming its commercial director as chief executive.

BHP Billiton may do an Anglo American

0
Management changes at BHP Billiton and comments by CEO Marius Kloppers have fanned speculation the miner will sell less profitable assets to exploit its crown jewels.

Congo elections results in 48 hours delay

0
The delay could add to problems in a vote marred by violence, logistical problems and allegations of fraud.

No slow down on mining projects yet says MDM

0
Worries about the global sovereign debt crisis may have hit commodity prices but they have not yet impacted on projects being undertaken by mining groups.

Firestone, Sekoko funding in-tact

0
Funding for the Sekoko Resources, Firestone Energy coal project in the Waterberg had not been withdrawn, Firestone Energy said.