Rio’s $3.7bn Mozambique coal business fetches $50m
The assets were acquired when it took over Riversdale Mining in 2011.
Latest Stories
Failure to cut carbon emissions to cost the U.S. $150bn a year: report
The White House document concludes that the cost of mitigating the effects of climate change could rise by as much as 40%.
Secret political payments by Japan power firm unveiled: Asahi
Seven prime ministers, other top politicians received funds.
Newmont to spend $900 million to develop Suriname gold mine
Gold reserves of 4.2 million ounces at an average grade of 1.22 grams per tonne
Mountain Province Diamonds arranges $370 million loan for building Gahcho Kue diamond mine
The company traded up 7.85% in the past five days to $5.22 a share.
Caterpillar to buy $2.5 billion of its own stock
The total of this year's stock repurchases is $4.2 billion.
Goldrea Resources says approved to list on CSE
Will trade under the symbol "GOR."
US utilities turn to Colombia, Russia for coal in 2014
Less expensive than burning domestic coal.
Atlas Copco’s FlexiROC T45 drill rig cuts fuel costs, increases productivity
The Atlas Copco FlexiROC T45 tophammer surface drill rig, along with its new COP 3060 rock drill, is flexible yet uncompromising when it comes to fuel efficiency, while the COP 3060 further enhances drilling capacity. Like the ROC F9 before it, the FlexiROC T45 is an efficient, production workhorse that offers high availability in a variety of applications.
