miércoles, 8 de octubre de 2014

Rio’s $3.7bn Mozambique coal business sold for $50m

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Africa News Digest
Thursday 9 October 2014
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Transaction marks the end of a dreadful venture for the mining giant.

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The iron ore miner warned Wednesday that its shares now had "little or no value."

While BHP gets ready to further expand iron ore output, Glencore's Glasenberg warns the move will make investing in African iron ore a less appealing prospect.

Zambia's mines minister says the company has not officially communicated the government its intentions as required under the country's law.

The United States is wagging its finger at Zimbabwe, threatening to ratchet up sanctions over a plan to develop a platinum mine involving Russian and Zimbabwean companies.

The company is cutting 169 jobs at the mine.

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Deutsche Bank warned Friday that gold producers are the most vulnerable to a further spread of the deadly disease.

It's good to be Ivan Glasenberg's neighbour.

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