May 7, 2012 China wants to take over the world’s largest undeveloped iron ore project A private group of Chinese magnates is planning to take away Guinea’s Simandou, the world's largest undeveloped iron ore project, from Anglo-Australian mining giant Rio Tinto.
May 7, 2012 New Chinese iron ore trading platform debuts tomorrow The new China Beijing Metals Exchange (CBMX), the country’s first physical iron ore trading platform is set to debut Tuesday, with the major producers of the commodity BHP Billiton (NYSE:RIO),…
May 6, 2012 Budget ‘must reveal’ mining tax details CLIME Asset Management founder John Abernethy has called on companies hit by the government's controversial mining tax to immediately disclose the financial impact on their business or face reprimands from…
May 6, 2012 Rio risks losing lease on prize iron ore project Rio Tinto chief executive Tom Albanese has moved to assure Australian investors that the miner will not over-commit its expansion spending to iron ore but news from London highlights the…
May 4, 2012 Crocodile Gold completes acquisition of Fosterville and Stawell mines from Aurico Gold The consideration now consists of an initial payment to AuRico of C$65 million on closing, comprised of C$55 million in cash and C$10 million in Crocodile Gold common shares.
May 3, 2012 How quickly can a mining magnate make your salary? An Australian site has developed an online wealth calculator that allows you to see how a mining magnate can make the equivalent to your annual salary in a matter of…
May 2, 2012 New watchwords at BHP: sequencing, discipline, cash flow BHP Billiton addressed shareholder concerns about its ambitious investment plans in four mega-projects on Wednesday saying it will match capital expenditures closely with cash flows and stagger the project pipeline.
May 2, 2012 Malaysia rejects Lynas lawsuit against opponents of its rare earth project The High Court of Malaysia today rejected Australian miner Lynas Corp’s (ASX:LYC) application for an injunction against pressure groups that oppose the company’s rare earth plant (LAMP), informs The Malaysian…
May 1, 2012 Rio Tinto hopes to finalise alumina plant sale by September The transnational miner said Tuesday it hopes to complete the sale of four alumina plants in France and Germany by the end of September
May 1, 2012 Xstrata copper production down, but Q1 financial performance solid Anglo-Swiss Xstrata Plc. (LON:XTA) reported today mixed production results for its first quarter, with copper production declining 18%, but said operating and financial performance remains strong.
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am
