Your Search Returned 22 tagged news reports
The British aggregates specialist is to be hived off, together with steel producer, Scaw Metals, Brazilian phosphate miner Copebras and other businesses considered "non-core" by Anglo. "The changes are the logical next step in focusing the group on our...
Tags: Anglo American Plc, Anglo American PLC, Xstrata PLC, South Africa, mining giant, managers structure, noncore assets, Brazil, Anglo-Swiss
In June, Xstrata approached its rival with a view to a merger, but Anglo-American rejected the proposal. At the beginning of this month, the miner was ordered to make an official offer for Anglo by 20 October by the The Takeover Panel...If Xstrata does...
Tags: PR Anglo American, Xstrata, european share, mining giant
Indonesian police have confirmed a second employee of Freeport Indonesia has been killed in Papua in another ambush targeting passing mine vehicles. But there is still speculation as to whether Papuan separatist rebels or Indonesian military police are...
Tags: Indonesian, Freeport Indonesia, Papua Province, Free Papua Movement, Papuan, Drew Grant, security guard, mining giant, freeport mining, giant freeport
Strong take-up of the heavily discounted rights offer suggests investors have restored faith in Rio after recent distractions that included a hostile takeover approach and soured ties with China, its biggest shareholder. But analysts said the mining giant...
Tags: Rio Tinto, mining giant, Rio Rinto, billion dollars, Chinalco, Sydney
Members of the rights group, Survival International, held a protest outside the Indian High Commission here on Wednesday to seek Prime Minister Manmohan Singh’s intervention in stopping British mining giant Vedanta Resources from “destroying” the land...
Tags: Dongria Kondh, Vedanta Resourcesâ, kondh tribe, mining giant, giant vedanta, Orissa
Shares in Rio Tinto were up 7.97 per cent, or $4.56, to $62.10 at midday, after reaching a morning peak of $62.82. There was speculation yesterday that Rio Tinto could alter or scrap the deal with Chinalco, struck in February, because the terms were overly...
Tags: Rio-Chinalco, Rio Tinto Ltd., chinalco deal, mining giant, Australian Securities Exchange
OZ Minerals finally has the green light to sell most of its assets to a Chinese raider and avert certain collapse. Federal Treasurer Wayne Swan approved the sell-off last night, enabling China Minmetals Non-ferrous Metals to secure some of Australia's...
Tags: OZ Minerals Ltd, China Minmetals, Australia, Minmetals Group, mining giant, green light, treasurer wayne
Felicity Williams April 16, 2009 12:00am RIO Tinto expects Chinese steel demand to rebound this year, sparking hopes the worst may be over for Australia's all-important iron ore miners. The surprisingly upbeat assessment came as debt-heavy Rio announced...
Tags: Chinalco, Rio Tinto, iron ore, million tonne, steel maker, mining giant, ore prices, chinalco deal, Paul Skinner, largest steel
Mining group Anglo American scrapped its 2008 final dividend on Friday to conserve cash and said it will cut 19 000 jobs as it posted a 1% fall in profit, missing analysts' forecasts. Anglo shares, which have underperformed the UK mining index by 25%...
Tags: Anglo American PLC, mining giant, suspend dividend, dividend payments, giant anglo, economic crisis
RIO Tinto's chairman has taken the extraordinary step of resigning before even starting work, amid reports the miner is poised to close a deal with Chinalco. Rumours swirled through the sharemarket yesterday that Jim Leng, 61 tendered his surprise resignation...
Tags: Rio Tinto, Chinalco, Jim Leng, Mr Leng, mining giant, tinto chairman