Coking coal potential to validate Mozambique infrastructure investment

Mozambique’s rapidly growing coal sector offers investors a promising future, with production from various projects expected to reach new buyer’s markets states international broking house London Commodity Brokers (LCB) South Africa GM Bevan...

New coal mine open in Mozambique

Brazil-based mining company Vale has opened a $1.7-billion coal mine in Mozambique, which will tap into the Southern African country's thermal and coking coal reserves of about 23-billion tons, reports advisory and consultancy services company...

Rio Tinto appoints new CEO for Riversdale

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...

Mozambique Q2 mining report released

Mozambique's mining sector is set to be transformed over the period to 2015, as coal and gold production increase significantly on the back of investment from, besides others, foreign mining groups Vale, Riversdale Mining and Pan African Resources.

Tata gives up $1bn stake in Riversdale

Indian major Tata Steel has reported that it would divest of its $1-billion stake in coal miner Riversdale Mining, under a takeover offer from diversified giant Rio Tinto. Rio, which had extended its A$16.50 a share offer until June 17, had...

Rio extends Riversdale offer by two weeks

Diversified giant Rio Tinto has extended its takeover offer for South Africa-focused coal miner Riversdale Mining by two weeks. The A$16,50 a share offer is now expected to close on June 3, unless extended.

New Riversdale CFO appointed as Lenahan steps down

Coal miner Riversdale Mining on Thursday made further changes to its board following the successful takeover by diversified giant Rio Tinto. Michael Jolley has now been appointed as Riversdale CFO, while Audrey Ferguson has been appointed as...

Rio Tinto bullish on demand, eyes smaller acquisitions

Diversified resources group Rio Tinto remains confident in the long-term demand outlook for most of its minerals, specifically iron-ore, and believes that demand from disaster-hit Japan would increase as the country undertakes reconstruction...

Rio takes control of Riversdale board, seeks delisting

Diversified giant Rio Tinto on Friday assumed control of ASX-listed coal miner Riversdale Mining’s board, announcing that it would seek to de-list the company at the end of the takeover bid. Rio appointed its energy CEO Doug Ritchie as the new...

Company Announcement: Quarterly Activities Report, March 2011

Attached please find a press release on: Riversdale Mining (ASX: RIV) reports on activities during the quarter ending 31 March 2011.

Riversdale drops output as rains affect ZAC

Southern Africa-focused coal miner Riversdale Mining on Friday reported a 20 455 t decrease in production from its Zululand Anthracite Colliery (Zac), in South Africa, following adverse weather conditions. The miner reported that during the three...

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...