Rio Tinto to sell Queensland coal mine stakes to Glencore for $1.7bn

(adsbygoogle = window.adsbygoogle || []).push({}); Mining industry news : Australian-British mining giant Rio Tinto has made a $1.7 billion deal to exit from two Queensland coal mines – the Hail Creek coal mine and the Valeria coal mine in Australia by selling its stakes to Swiss natural resource company Glencore. Rio Tinto has been More...

by businessnewstoday | Published 10 months ago
By businessnewstoday On Saturday, February 17th, 2018
0 Comments

Mitsui to buy additional stake in Collahuasi Copper Mine in Chile

Japanese conglomerate Mitsui has agreed to buy an additional stake of 3.60% in the Collahuasi Copper Mine in Chile from JX Nippon Mining & Metals for an undisclosed price. The transaction will increase the overall More...

By businessnewstoday On Sunday, February 11th, 2018
0 Comments

De Beers’ Namdeb JV to sell Elizabeth Bay diamond mine in Namibia

Mining industry news : De Beers Group’s 50/50 joint venture with the Namibian government – Namdeb has put up its Elizabeth Bay diamond mine for sale. De Beers Group says that it is pursuing the sale of the Namibian More...

By businessnewstoday On Wednesday, December 27th, 2017
0 Comments

Union Partners buys Automotive Steel Technical Center from Heidtman Steel

Steel industry news : Union Partners, a private equity firm has acquired the Automotive Steel Technical Center from Heidtman Steel in Gibraltar, Michigan for an undisclosed price. The Automotive Steel Technical More...