In a statement released at the conclusion of its mission to Guinea, the International Monetary Fund (IMF) has said that the Simandou iron ore project of Australia-based miner Rio Tinto will contribute to a gradual pick-up in Guinea's mining ...
Tags: Mining Industry, miner
Australian miner Rio Tinto CEO Sam Walsh has talked to Bloomberg TV about the price volatility in the iron ore market, expressing confidence that Rio Tinto will be able to survive the decline in iron ore prices since it is the world's ...
Australia-based miner Rio Tinto has announced that it has filed a complaint in the US District Court for the Southern District of New York against Brazil-based miner Vale and BSG Resources Limited regarding mining concessions in Guinea. ...
Tags: Rio Tinto, mining license
Brazilian miner Vale has announced that the Republic of Guinea has revoked the mining licenses for the Simandou and Zogota iron ore projects due to a technical committee report indicating that the mining licenses were obtained by Vale's ...
The Aluminum Corporation of China's 2013 alumina and refined aluminum production costs fell by 9% and 5%, respectively, year on year, the Hong Kong-listed producer said in its annual report filed with the Hong Kong Stock Exchange late ...
Tags: Aluminum Production, Mineral
Rio Tinto and China's Chinalco have signed a memorandum of understanding to develop new mining technology and further develop Rio Tinto's mine of the future programme, Rio said Friday. Speaking at an event in Beijing Friday, Rio Tinto's ...
Tags: iron, Metallurgy, Mineral, Energy
Chalco Hong Kong Ltd, has agreed to sell its equity stake in Chalco Iron Ore Holding to Chinalco Overseas Holdings to ease funding pressure from the joint venture Simandou iron ore project in Guinea, Chalco said in a filing to the Hong Kong ...
Tags: Iron Ore Project, Chalco
Australian mining giant Rio Tinto remains committed to its $10 billion Simandou iron ore projects located in Guinea, West Africa, despite the slowdown in progress regarding development of the project, according to media reports. The ...
Tags: iron ore project, iron ore, mining
Mr Wang Jianjun deputy director general of Department of Foreign Capital and Overseas Investment under NDRC at an industry forum on December 8th said that China's decision making body National Development and Reform Commission is working ...
Tags: offshore iron ore, investments, Simandou iron ore project, West Africa
Reuters reported that Brazil's Vale, the world's top iron ore producer, has blamed a Guinean government U turn on rail and port links and shifting, unclear regulation for its decision to shelve the giant Simandou iron ore project. Vale ...
Tags: Brazil's Vale, iron ore, Guinean government U, shareholders
Reuters reported that the government of Guinea said that it will complete a review of the Vale/BSGR JV rights over the northern half of the giant Simandou project by the Q1 of 2013, denying there was uncertainty over the project. Brazil's ...
Tags: Vale/BSGR JV rights, iron ore, Brazil's Vale, Guinean government U