China’s Yancoal grabs Rio Tinto’s coal mines in $2.45bn deal
The world’s second-largest miner has agreed to sell its Coal & Allied Industries Ltd. subsidiary to Yancoal Australia Ltd., controlled by China's Yanzhou Coal Mining.
Swedish mining company Boliden has set a new production record at its Aitik copper mine. On July 14, 2013, 144,912 tons of ore passed through the plant, and thanks to a steadily increasing average production, July 2013 ended up being Aitik's most productive month to date with 3.5 million tons of ore.