Rio costs up, output down in new Cameroon power deal
Rio Tinto's aluminium operation in Cameroon has secured a 30-year power supply contract with the government but electricity costs have doubled and output from a smelter will fall due to cuts in power consumption, Rio said. Nov 21, 2009 4:05PM
The gold bubble could burst any time soon. There are clear indications that the yellow metal has already started on its downward trek and could reverse its mighty rise. Until the dollar puts in a convincing rebound, the onus is to the upside in gold. Nov 16, 2009 11:27AM
UC Rusal nears $7.4 billion debt revamp ahead of HK IPO: report
UC RUSAL, the world's largest aluminum producer, is close to a deal to restructure $7.4 billion in debt to foreign banks which is crucial for the Russian firm's planned $2 billion IPO in December, a newspaper reported. Nov 15, 2009 12:20AM
Rio Tinto's U.S. coal unit could face tepid demand
Anglo-Australian miner Rio Tinto Plc is hoping to raise $520 million by spinning off its U.S. coal business, but analysts cautioned that demand for the offering could be tepid. Nov 14, 2009 10:12PM
U.S. judge favors Grupo Mexico bid for Asarco
A federal judge has issued a ruling supporting a nearly $2.5 billion bid by Grupo Mexico, the country's largest mining company, for Asarco LLC, paving the way for the U.S. copper miner to exit bankruptcy. Nov 14, 2009 6:48PM
Australia state threatens Rio-BHP iron merger: report
Western Australia state has raised the stakes in its demand for higher royalties from iron ore miners Rio Tinto and BHP Billiton, telling them that it would not rubber-stamp their planned iron ore merger. Nov 12, 2009 11:15AM
Rio Tinto says still keen to work with Chinalco
Rio Tinto Ltd/Plc, the world's second-largest iron ore miner, is still keen to work with China's state-owned Chinalco and both companies have held talks recently, Rio CEO Tom Albanese said on Tuesday. Nov 10, 2009 11:13AM
Rio says no word from regulators on BHP iron ore jv
Rio Tinto and BHP Billiton have not received any indications that the two mining giants will face regulatory issues in forming an iron ore production joint venture, the head of Rio's iron ore division said on Monday. Nov 09, 2009 11:23AM
Agrium raises bid for CF; investors not impressed
Canada's Agrium Inc sweetened its hostile bid for U.S. rival CF Industries to $4.52 billion, the latest twist in a three-way takeover battle, but the offer failed to impress CF's investors and the company's shares fell 8.4 percent. Nov 05, 2009 10:27AM
Canadian Royalties deal seen unlikely for China's Jilin
China's No. 2 nickel producer Jilin Jien's ambition to expand its Canadian footprint, is facing its biggest hurdle as investors look set to reject its final bid for early-stage miner Canadian Royalties. Oct 31, 2009 8:48AM
