mining

Chalco to divest shares in Guinea venture with Rio Tinto

The Aluminum Corporation of China Ltd or Chalco had announced the sale of its shareholdings in the Guinea venture with Rio Tinto.

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Newmont Mining eyes more gold or copper mine purchases

Newmont Mining Corp CEO Gary Goldberg said they were looking at potential mine acquisitions as the value of gold fell.

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Standoff on M&A of mining assets puts bankers' skills to the test

The standoff on the M&A deals in the mining sector has tested the patience and skills of bankers.

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Indonesia plans to ease up on divestment rules on foreign miners

Indonesia said it planned to relax the rule that forced foreign mining firms operating in the country to own no more than 49% of their stake in the mines within ten years after production has started.

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China’s MMG willing to work with partners

MMG Ltd expressed interest in working together with partners as it seeks to further grow its business.

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Anglo Platinum cuts on expenditures, may lay off workers

Anglo American Platinum Limited reveals cost-effective plans.

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Russia's Mechel offers ferroalloy assets to Turkey's Yildirim for USD 425 million

Russia's Mechel announced the sale of its ferroalloy assets to Turkey's Yildirim Group for USD 425 million.

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Sources say Mongolian likely to head Rio Tinto's Oyu Tolgoi

Sources said that Mongolian businessman Bold Baatar is most likely to be appointed as the head of Oyu Tolgoi when Cameron McRae exits this October.

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Chinese mining firm China Molybdenum acquires Rio Tinto asset for $820 mln

China Molybdenum acquired Rio Tinto’s stake in a New South Wales mining project for US $820 million.

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New head plans to up Anglo performance, targets US$3.5

New Anglo American boss, Mark Cutifani, outlines an aggressive cost-cutting plan to reverse the mining company's poor performance.

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Freeport Indonesia says 5% stake to be offered to public

Freeport Indonesia has said that it will be offering the public a 5% stake in the mining company.

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Sika buys two Aussie companies, expands reach in mining sector

Sika expands its venture as it acquires Radmix Resources and its partner Australian Synthetic Fibres.

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Minco acquires Buchans Minerals

Minco acquired Buchans Minerals.

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Noble Group considers bid for Australia's iron-ore miner

Noble Group Ltd weighed bid for Western Desert Resources Ltd, an Australian iron-ore miner.

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Gold Coast Mining’s New CEO to be Named

Gold Coast Mining’s new CEO to be named on July 8, 2013.

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