Comany Announcement: Kibo Mining announces management changes

Kibo Mining plc the mineral exploration and development company focused on gold and nickel projects in Tanzania announces changes in management to optimize its business over the coming months.

Rio Tinto appoints three new Riversdale board members

Rio Tinto appointed three new directors to the board of Riversdale Mining, which it is buying in a A$3,9-billion takeover. Rio Tinto CEO for energy, Douglas Ritchie, as well as its MD for Australia, David Peever, and its chief development officer...

Rio Tinto in talks over A$3,5bn Riversdale Mining takeover

Africa-focused Riversdale Mining surged nearly 16% on the ASX on Monday, after the miner confirmed that it was in discussions with Rio Tinto regarding a possible $3,5-billion takeover transaction. Riversdale, which owns coking coal projects in...

Riversdale posts FY loss, ZAC output falls

ASX-listed coal-miner Riversdale Mining on Monday reported a net loss, reflecting reduced interest income and lower production from its Zululand Anthracite Colliery (ZAC), in South Africa. The company, which is also developing coal projects in...

Riversdale increases Zambeze coal resource

Africa-focused coal-miner Riversdale Mining has upgraded the coal resource estimate of its Zambeze project, in Mozambique, to nine-billion tons. The total coal resource for the Zambeze project includes about 2,3-billion tons if resource in the...

Kangaroo starts mining at second Indonesian coal mine

ASX-listed coal producer Kangaroo Resources has started mining at its second Indonesian coal operation, the Mamahak coking coal project, just six weeks after acquiring a 85% interest in the project. The operational team has completed the removal...

Riversdale may use Zambezi river to transport Mozambique coal

ASX-listed coal-miner Riversdale Mining would submit a feasibility study and an environmental impact study (EIS) for its proposed plan to transport coal via barge along the Zambezi river, in Mozambique, to that country’s government during the...

Riversdale signs Mozambique power project deal

ASX-listed coal-miner Riversdale Mining and its joint venture (JV) partner, Elgas SARL, have signed a framework agreement for the development of the Benga power project, in Mozambique, with Mozambican Energy Minister Salvador Namburete. The...

Coal junior moves in on Mozambique prospect

Australian junior miner Riversdale Mining has concluded negotiations to acquire tenements over an area of 204 000 ha in the coal-rich Mozambique.