According to a source close to the deal, Chinese-controlled Yancoal Australia has approached Gloucester Coal with a plan to merge their neighbouring coal assets in Australia.
Minority partner Highlands Pacific said Tuesday it expects the Ramu nickel project in Papua New Guinea to operate close to maximum capacity by mid to late 2013.
The Japanese steelmaker expects its crude steel production in the January-March to be flat or slightly down on than that of the October-December period.
Several industry sources say the miner is considering selling its majority stake in the Amapa iron ore operation in Brazil to focus on its flagship Minas-Rio growth project.
Chiquita has denied that it's boycotting Canada’s oilsands as a fuel source for shipping its fruit. Instead, the company said it’s just expressing a “preference for fuels with lower than normal greenhouse gas footprints wherever possible.” ...
Intierra Resource Intelligence has acquired Swedish-based Raw Materials Group (RMG). All RMG shareholders have taken an equity position in the expanded company and all RMG staff will stay on with the new entity. This unification...
Newcrest Mining (ASX:NCM) said it will produce about 150,000 oz less gold in its 2011/12 financial year due to production disruptions at Cadia Valley and Lihir, and lower feed grades and recoveries at Telfer.