CITIC Group Mining News

CITIC goes after Palmer’s Mineralogy over iron ore project claims

Aussie mining tycoon Clive Palmer is being sued by China’s largest conglomerate, CITIC, over his alleged “refusal” to co-operate in making more land available on a major iron ore project in Western Australia.

MMG confirms negotiations with Glencore over Las Bambas; no guarantee of agreement

This is the first statement in which MMG has confirmed its intention to buy Las Bambas.