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Global Mining News in real time

Apollo shareholders agree to HPX deal

By: Esmarie Swanepoel The shareholders of junior Apollo Minerals have approved a strategic alliance with High Power Exploration (HPX) to explore for base metals at a new iron-ore copper gold frontier, in South Australia. At an extraordinary general meeting, Apollo shareholders approved the issue of 50-million shares,... 

ZAC refutes underperformance claims by would-be acquirer

By: Leandi Kolver The acquisition agreement between Southern Africa-focused coal producer Forbes & Manhattan Coal and mining major Rio Tinto subsidiary Riversdale Mining was not cancelled because of Zululand Anthracite Colliery’s performance says ZAC black economic-empowerment partner Maweni Mining Consortium... 

Moz benefiting from Australian mining investment, assistance

By: Keith Campbell World number three miner Rio Tinto expects to export its first shipment of coal from its Benga project in Mozambique this month. Benga is in the Moatize district of Tete province, and the coal will be transported by rail along the Sena line to the port of Beira and then shipped to India.  

Company Announcement: New CEO Appointed

By: Yolande Botes Attached please find a press release on: The Board of Riversdale Mining (ASX: RIV and Riversdale or the Company) advises that Mr Eric Finlayson has been appointed as the new CEO of Riversdale Mining Ltd. 

Rio Tinto appoints new CEO for Riversdale

By: Loni Prinsloo Mining major Rio Tinto on Friday announced that it had appointed its head of exploration, Eric Finlayson, as the new CEO of Riversdale Mining. Finlayson would replace the MD Steve Mallyon, who had been steering the Australian company since 2008 and who would now act as a special adviser to... 

Hard-to-find coking coal’s price rockets as global steel demand orbits 

By: Keith Campbell Things, for steelmakers, go better with coke – the coke concerned being, of course, the product used in blast furnaces and electric arc furnaces to produce iron and steel. Coke is 90% carbon and is light, but strong – it has to be, to bear the weight to which it is subjected in a... 

Hard-to-find coking coal’s price rockets as global steel demand orbits

By: Keith Campbell Cover story on the importance, use, & scarcity of coking coal, & resources of, & exploration for, coking coal in SA and Mozambique. 

Rio Tinto to spend 'at least' $15m on exploration in Africa in 2007

By: Martin Creamer Diversified mining major Rio Tinto plans to conclude its order-of-magnitude study at Chapudi in South Africa by second quarter of this year.?Exploration head Eric Finlayson reports that Rio Tinto has completed the resource delineation drilling for the study. 

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