Aussies dominate Rio Tinto board
Rio Tinto has appointed Simon McKeon, another Australian citizen as an independent non-executive director. McKeon joins the board on 1 January 2019.
“Simon’s appointment further...
De Beers acquire Peregrine Diamonds
De Beers Canada has entered into an agreement to acquire 100 per cent of the outstanding securities of Peregrine Diamonds, owner of the high...
Search for lead plaintiff on Rio Tinto case
New York based attorney, Joseph Klein of Klein Law Firm has put out a reminder to investors of a class action filed on behalf...
Moz coal assets come back to haunt former Rio Tinto CEO, CFO
The US Securities and Exchange Commission (SEC) has laid charges of fraud against diversified miner Rio Tinto and its former CEO Tom Albanese and...
Mota-Engil Group awarded contracts in Mozambique by Vale
Brazilian group Vale has awarded Mota-Engil Africa, a subsidiary of Portuguese group Mota-Engil, a contract for the supply of mining services worth US$445 million,...
Hencon Vactech adapt to service changing needs of the market
Hencon Group, a global supplier and manufacturer of special mobile equipment for heavy industries, which has subsidiaries in Mozambique, Russia and India vows to...
Pallinghurst eyeing LSE listing
South African company Pallinghurst within the UK, South Africa, Zambia and Mozambique has announced intentions to list on the London Stock Exchange (LSE).
The JSE-listed...
Shandong Tianye buys more in Triton’s graphite projects
Chinese mining company - Shandong Tianye Mining has invested a further $1.23-million into Australian junior miner Triton Minerals’ graphite projects.
Already the largest shareholder, the...
Mozambique and Yara International sign agreement for production of electricity and fertilizers
The Mozambican Ministry of Mineral Resources and Energy and Norwegian company Yara International on Monday in Maputo signed a memorandum of understanding for the...
Rubies from Mozambique sold at an auction in Singapore
A new auction of rubies mined in Mozambique held in Singapore allowed Montepuez Ruby Mining, Lda to obtain revenues of US$54.8 million, said the...
