The United Kingdom’s Serious Fraud Office (SFO) has opened a formal investigation into the alleged bribing scandal relating to Rio Tinto’s formerly-owned Simandou iron ore deposit in the African nation
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New mechanism to secure local gas
Before federal senator for Queensland Matthew Canavan made headlines this week by stepping down from his role as minister for resources and Northern Australia amid a possible dual citizenship issue, he
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Rio lashes energy generators in ACCC submission
Mining giant Rio Tinto has used the Australian Competition and Consumer Commission’s electricity supply and pricing inquiry to slam east coast electricity generators for allegedly using their excessive
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BHP talks up massive potash plan
BHP has launched a major campaign to support its proposed $6 billion Jansen potash project in Canada, despite significant declines in the commodity’s price in recent years, and continued attacks against
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Water authority not happy with POSCO’s Hume Coal plans
New South Wales’ water authority has raised major concerns over Korean steel giant POSCO’s water modelling for its proposed Hume Coal project in the Southern Highlands.
POSCO wants to extract 39 million
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Serbian lithium play a step closer for Rio
Rio Tinto will work with the Serbian Government to progress its potentially significant lithium project in the Balkan nation, with a targeted production date as early as 2023.
Rio told the market on July
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Oz Minerals CFO to lead G&W Australia
Luke Anderson will be the next chief executive officer of Genesee & Wyoming Australia (GWA), after he announced his resignation from copper miner Oz Minerals late last week.
Oz Minerals announced Anderson
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Rail maintenance slows Rio, big dividend still likely
Mining giant Rio Tinto has reduced production guidance to the lower-end of its earlier forecasts, but shareholders are still expecting a large dividend as a result of the Coal & Allied sale and solid
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BHP’s Elliott shake-up gains traction
A pair of major BHP Billiton shareholders have reportedly voiced their in-principle support for activist investor Elliott Management’s campaign for a restructure at the multinational mining and energy
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‘Sky is the limit’ after Arrium sale
British businessman Sanjeev Gupta has reportedly said Arrium’s Whyalla steelworks could expand capacity 10-fold, after his company, GFG Alliance, was announced as part of the joint venture which will
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