September 27, 2011 Rio Tinto pays Can$73 million for 49% of Ivanhoe Mines Rio Tinto announced on Tuesday that it paid Can$73 million for 49% of Ivanhoe Mines. Rio Tinto acquired an additional 3,700,000 common shares in Ivanhoe Mines Ltd. through a wholly-owned…
September 27, 2011 New JV company incorporated to set up coal power plant in Eastern Sri Lanka * Sept 27, Colombo: India's National Thermal Power Corporation and Sri Lanka's power authority, Ceylon Electricity Board have incorporated a new 50:50 joint venture company to set up the coal…
September 26, 2011 Spooked investors dump Ivanhoe despite reassurances – shares crash 21% A statement put out by Ivanhoe Mines on Monday telling investors that its Oyu Tolgoi project remains on track and pooh-poohing rumours about the Mongolian government reneging on the deal…
September 26, 2011 Ivanhoe Mines expects the Mongolian Government to support the Oyu Tolgoi investment agreement Ivanhoe Mines said in a statement today that the investment agreement for the Oyu Tolgoi Project remains a fair and legally binding contract that deserves and requires the unqualified support…
September 26, 2011 India, China and Russia will be driving uranium’s future Although its future is unclear, significant expansion of nuclear power capacity is projected to occur in non-OECD countries, especially China, India and Russia, according to the U.S. Energy Information Administration.…
September 25, 2011 Mongolia wants 50 pct of Rio’s Oyu Tolgoi project, minister says Mongolia wants to bring forward the raising of its stake in the Oyu Tolgoi copper project that’s being developed by Rio Tinto Group and Ivanhoe Mines Ltd. to 50 percent…
September 25, 2011 Aboitiz all set for construction of 300-MW coal-fired facility Aboitiz Power Corp. (APC) is all set for the construction of its 300-megawatt (MW) coal-fired facility in Davao.
September 25, 2011 32 of 54 iron ore mines in Goa illegal Fresh revelations show that 32 of the 54 working iron ore mines in forest areas do not have the mandatory clearances under conservation laws.
September 25, 2011 Griffin Coal to generate up to $160 mn in revenue in FY’12 Griffin Coal, which was acquired by Lanco Group early this year, may generate revenues of up to USD 160 million this fiscal, according to a senior company official. The miner…
September 25, 2011 NMDC to acquire coking coal mine in Russia India's top iron ore miner NMDC Limited is close to acquiring a coking coal mine in Russia with an estimated reserve of about 70 million tonnes. The company will seek…
Gold and silver prices stumble at the end of best year since the 1970s Both metals are on track for their best year since 1979. December 31, 2025 | 12:59 pm
