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PROJECT PERMITTING

EMED receives signed unified environmental authorisation for Rio Tinto

TSX- and LSE-listed EMED Mining on Tuesday reported that it had received a signed copy of unified environmental authorisation (AAU) for its flagship Rio Tinto copper mine, in Spain’s Andalucia region. Environment and Spatial Planning Minister...
1st April 2014
 
IRON-ORE

China’s environmental policy will not curb iron-ore demand – analyst

China’s drive to clean up its steel industry’s environmental act was expected to have little impact on iron-ore demand in the short term, advisory firm Wood Mackenzie said on Friday. While China has instituted a number of emergency measures...
28th March 2014
 
CORPORATE SOCIAL INVESTMENT

Most coal miners in Mozambique not yet meeting social obligations

Only one of the multinational coal miners operating in the Moatize district of Mozambique’s Tete province has so far honoured its obligations to use part of its income to fund local community development. The companies concerned are India’s...
28th March 2014
 
COAL

Glencore suspends Australia coal mine as market worsens

Glencore Xstrata will suspend operations at its Ravensworth underground coal mine in Australia following a plunge in coal prices due to a supply glut. The move underscores the plight of coal miners operating in Australia, including AngloAmerican,...
27th March 2014
 
M&A

TSX listing approval moves Mamba/Champion merger forward

The proposed merger of Labrador Trough iron-ore project developers Champion Iron Mines and Australia-based Mamba Minerals this week moved another step closer to closing after the TSX had granted Mamba conditional approval to list its common...
21st March 2014
 
COAL

Rio moves to save Mount Thorley Warkworth

Mining major Rio Tinto’s coal division is looking to avoid a lengthy court process to appeal against the New South Wales Land and Environment Court’s decision to overturn a 2012 development consent for its Mount Thorley Warkworth extension...
21st March 2014
 
Editorial Insight

Concerted effort needed to turn Congo-Cameroon-Gabon iron-ore belt into African Pilbara

A concerted effort is needed to turn the Congo-Cameroon-Gabon region, often likened to Australia’s iron-ore-rich Pilbara, to positive account.
21st March 2014
 
MINING FINANCE

Australia’s EFIC grants loan for Escondida expansion

Australia’s Export Finance and Insurance Corporation (EFIC) has granted mining giants BHP Billiton and Rio Tinto a $100-million loan for the Escondida mine, in Chile. The loan will help finance Escondida’s organic growth 1 project, which...
18th March 2014
 
EXPLORATION

Rio opts out of Vulcan exploration

Junior Tasman Resources on Monday reported that the exploration arm of diversified miner Rio Tinto has withdrawn from a farm-in agreement over Vulcan copper-gold-uranium project, in South Australia. The farm-in between Tasman and Rio Tinto...
17th March 2014
 
DIVERSIFIED MINER

Rio Tinto pays $7.5bn in taxes, warns on new compliance costs

Despite reporting a 29% decline in its tax payments in 2013, compared with the previous financial year, mining giant Rio Tinto has expressed its concern about compliance costs associated with the proliferation of new regulatory initiatives around...
17th March 2014
 
IRON-ORE

Glencore, Zanaga award Congo iron-ore project study

DRA's Paul Thomson South African-based engineering and project management company DRA on Friday announced that it had been awarded the study of the process plant for the next phase of the Zanaga iron-ore project in the Republic of Congo (RoC). The award was made by...
14th March 2014
 
IRON-ORE

WA approves A$880m Rio Tinto iron expansion

The Western Australian state government has given its approval for Rio Tinto’s A$880-million expansion of its Pilbara iron-ore operations. Premier and State Development Minister Colin Barnett said this week that $680-million would be spent to...
14th March 2014
 
 
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