June 29, 2017 Caterpillar reshuffles top management for mining divisions Doug Hoerr, Caterpillar's vice president of the material handling & underground division, is retiring in August after more than 20 years with the company.
June 29, 2017 Rio Tinto shareholders greenlight sale of Aussie coal assets to Yancoal The approval ends a three-week bidding war between Yancoal and Glencore over Rio's thermal coal assets in Australia.
June 26, 2017 Mongolian herders ink historic agreement with Oyu Tolgoi mine, government Accompanied by OT Watch and Accountability Counsel, herders in the South Gobi used the IFC’s complaint office to negotiate agreement.
June 26, 2017 Rio brushes off Glencore latest offer for coal mines, sticks with Yancoal The company has chosen to sell its Hunter Valley coal mines to China-backed Yancoal, but shareholders will decide.
June 25, 2017 China shuns Indian iron ore in favour of Australia’s Chinese steel mills are turning their backs on India and embracing Australia as a source of higher-grade ore for steelmaking.
June 23, 2017 EUR/JPY exchange rate and gold Some analysts claim that the cross rate between the euro and the yen affects the price of gold (the term “cross” meaning here that the quote does not involve the…
June 23, 2017 Glencore fights back, sweetens deal for Rio Tinto’s Australian coal assets Fresh bid is far better than the $2.55bn it offered earlier this month and considerably more than the $2.45bn offered by Yancoal, the Chinese-backed miner that is Rio’s preferred buyer.
June 22, 2017 Freeport Indonesia says giant copper mine running as normal despite strike Company says Grasberg copper mine is running as normal
June 21, 2017 Freeport Indonesia workers to extend strike for a month – union Thousands of mine workers at the Indonesian unit of Freeport-McMoRan Inc will extend their strike for another month to protest against layoffs, a union official said on Wednesday.
June 21, 2017 World’s top coal producer to close 37 mines Coal India, responsible for about 82% of the nation's total coal output, said the closures would save around 8 billion rupees ($124 million).
China to rein in copper, alumina capacity expansion under next five-year plan The country's economic planner will tighten oversight of copper and alumina projects from 2026 to 2030 to curb irrational investment. December 26, 2025 | 04:10 am
