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Mineweb
Bumi approves shake-up but Nat Rothschild to stay on - sources - Mineweb
The board of Indonesian coal miner Bumi Plc has approved a shake-up that will bring in a new chairman after demands from key investors but will also retain co-founder Nat Rothschild as director, sources briefed on the matter said.
Cost overruns, write downs leave Kinross Gold priced for takeover - Mineweb
"It was insane how many people were talking about a Kinross breakup at that conference," said one US investment banker focused on the resource sector who spoke off the record because of company policy. But despite these selling points, ...
Mitsubishi Corp to pitch Australia iron ore project in China - Mineweb
According to sources close to the deal, - Japan's Mitsubishi Corp plans to head to China soon to line up a partner for a $10 billion Australian iron ore and port and rail development. Japan's Mitsubishi Corp plans to head to Beijing soon to line up a ...
Mexican coal mine collapse kills four - Mineweb
Four miners were killed when a coal mine collapsed in the northern Mexican state of Coahuila on Friday, a senior government official said. Labor Minister Javier Lozano said in a Twitter message the fourth body was recovered late on Friday and an ...
Posco finally gets $12bn nod from India - Mineweb
Posco will have to bear the cost of regeneration of degraded forest land,'' said an official close to the ministry. Posco requires 4000 hectares of land for the project and the state government has already transferred 600 hectares to the company. ...
Rio's potential bid for Riversdale could trigger mining feeding frenzy - Mineweb
According to one analyst who spoke off the record, Vale's CEO Roger Agnelli and CSN Chief Executive Benjamin Steinbruch fell out over the direction of the ...
China pushes for gold; India follows suit - Mineweb
... gold provides an excellent hedge against inflation, a source of liquidity and a form of savings as well,'' the executive, who declined to be named, ...