MINING.COM

Glencore snatches Rio’s Australian coal mine in $1.7bn deal

The acquisition includes Rio Tinto’s 82% stake in Hail Creek coal mine and its 71.2 % interest in the Valeria project.

Cecilia Jamasmie | March 20, 2018 | 3:25 am

This Rio sale may be more than Australia can swallow: Gadfly

Rio Tinto has hired UBS AG to explore a possible initial public offering on the Australian Securities Exchange after planned trade sales came up short.

Bloomberg Opinion | March 19, 2018 | 2:13 pm

Newcrest, Harmony joint venture in PNG to cost an extra $1bn upfront

But according to the updated feasibility study total capital expenditure for the life of Wafi-Golpu mine will fall by about the same amount to $5.5 billion.

Cecilia Jamasmie | March 19, 2018 | 5:45 am

Battery makers descend on Australia, Canada cobalt developers

Nervous Asian battery makers are turning to early-stage cobalt projects in Australia and Canada to lock in supplies of the critical battery ingredient ahead of expected shortages as demand for electric vehicles revs up.

Reuters | March 19, 2018 | 3:20 am

Glencore signs massive cobalt sale deal with China’s GEM

The world’s biggest producer of cobalt has agreed to sell around a third of its cobalt production over the next three years to the Chinese battery recycler.

Reuters | March 14, 2018 | 4:31 pm

China’s iron ore mountain may only be a molehill: Russell

The relentless climb in China's port inventories of iron ore may not be as worrying to the market as they appear, more a reflection of a change in dynamics than anything else.

Reuters | March 14, 2018 | 4:05 am

Anti-corruption body asks Rio for Oyu Tolgoi-related info

Request relates to an investigation about possible abuse of power by authorized officials during negotiation of the 2009 Oyu Tolgoi investment agreement.

Cecilia Jamasmie | March 13, 2018 | 9:34 am