A lengthier recession awaits if we don't take drastic measures to save the economy in a Covid-19 world, writes Mbhazima Shilowa.
The global mining group said the investment would sustain the capacity of Richards Bay Minerals by developing a new mine called Zulti South.
Miners and investors think the sector's heavyweights might be close to a new jackpot discovery.
Glencore and a group led by Apollo Global Management are among bidders set to be shortlisted for the sale of Rio Tinto’s last remaining coal mines, which may fetch more $1.5bn.
US authorities have filed fraud charges against the mining group, its former CEO Tom Albanese and ex-CFO Guy Elliott, claiming they inflated the value of their Mozambican coal assets acquired in 2011.
Glencore’s years-long pursuit for a bigger Australian coal business has delivered another setback after Rio Tinto passed on the company’s offer for a second time.
Glencore's last-minute bid for Australian coal mines leaves Rio Tinto Group with a dilemma to mull over the weekend: accept less money or risk upsetting its biggest customer
Five employees of Rio Tinto’s Richards Bay Minerals (RBM) mine, alleged to have been involved in fuelling community protests over jobs and contracts, have been dismissed following an investigation by the mining giant.
Rio Tinto has posted a 47% slide in first-half earnings as commodity prices stayed depressed, underscoring the challenges facing the world’s second-biggest mining firm.
Rio Tinto Group has given away its stake in the company that owns an abandoned mine in Papua New Guinea with potential copper and gold reserves worth $51bn.
Production at Rio Tinto's titanium dioxide mine in South Africa has been disrupted by community protests, the global miner says.
Don’t listen to what miners say. Look at what they do, say David Fickling & Elaine He.
The mining industry’s culture needs to become “less alpha male” and has a long way to go to create a workplace that includes women, according to president and COO of South32.
Rio Tinto has named industry veteran Simon Thompson as chairperson after shareholders rejected a plan to install a renowned dealmaker.
Glencore's quest for a piece of Rio Tinto Group’s Australian coal business may not be over yet.
China-controlled Yancoal Australia has added new incentives to its offer for Rio Tinto's Australian coal assets to fend off a last-minute challenge by rival Glencore.
China’s Yanzhou Coal Mining is holding fire on a counter offer for Rio Tinto Group’s Australian coal assets as it waits to hear whether Glencore has succeeded in trumping the deal it struck six months ago.
Another murder and the suspension of five mining staff have raised tensions at the Rio Tinto subsidiary to boiling point.
Rio Tinto has shelved its $20bn Simandou iron ore project in Guinea because of a sustained slump in prices, says chief executive Jean-Sebastien Jacques.
Rio Tinto Group is seemingly putting about $9bn of unwanted assets from coal and uranium to Canadian iron ore into a single basket ready to spin off.
Zimbabwe is probing Rio Tinto’s disposal of its stake in two mines in Zimbabwe, charging that disposed shares were held offshore.
Cape TownProfessional Career ServicesR10 000.00 - R12 000.00 Per Month
Cape TownTumaini ConsultingR720 000.00 - R960 000.00 Per Year
Cape TownMass Staffing ProjectsR400 000.00 - R600 000.00 Per Year
R 3 300 000
Apartments / Flats
R 1 750 000
Apartments / Flats
R 9 950 000
We subscribe to the Press Code.
You choose what you want
News24 on Android
Get the latest from News24 on your Android device.
Terms and Conditions
24.com Terms and Conditions - Updated April 2012
Creating your profile will enable you to submit photos and stories to get published on News24.
This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.