Rio Tinto’s exit from coal pays off, to return $3.2B from sales proceeds to shareholders
The fresh round of returns follows Rio’s promise in August to give shareholders up to $7 billion through dividends and share buybacks.
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Norsk Hydro not buying Rio Tinto’s aluminum plant in Iceland
The Norwegian firm, one of the world’s top producers of aluminum and alumina, said the deal faced opposition from European regulators.
Australia’s northern infrastructure fund backs mineral sands project
Australian mineral sands developer Sheffield Resources said on Wednesday it will receive a $69 million loan from Australia's northern infrastructure fund to help develop its Thunderbird project.
VSMPO-Avisma and Boeing launch new titanium joint-venture in Russia
VSMPO-Avisma, the world's largest titanium producer, and US planemaker Boeing have launched a new manufacturing unit in Russia.
Sun Metals Corp. added to Oxygen Capital’s fold
Integrated mining development company rolls investment dice on its first major B.C. project.
Coal exports from top shipper hobbled with miners facing constraints
Coal exports from Indonesia will be restrained this year, which could frustrate a plan by the government to ease a burgeoning trade deficit.
China’s subway splurge could help its steel sector get back on track
Subway expansion plans require 80 million tonnes of steel, a need which arises as Beijing looks to boost economy amid trade war with U.S.
Central Asia Metals hunts for acquisitions
Base metals under pressure from trade tensions.
Poland’s JSW seeks ministry approval to buy Prairie Mining assets – CEO
Poland's state-run JSW awaits approval from the Energy Ministry in its bid to acquire the mining assets of Australia's Prairie Mining
