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Vedanta raising cash, increasing iron-ore business

VEDANTA Resources plc may make another play for US copper producer Asarco LLC, after raising US$1.25

Capital markets

19 JUN 2009

Atlas sources Pilbara expansion cash

ATLAS Iron Ltd will raise up to A$116.7 million (US$93.3 million) to fund expansion at its Pilbara operations.

Australia

19 JUN 2009

Red Hill sell Ulaan Ovoo coal project

RED Hill Energy Inc has agreed to sell its wholly-owned Ulaan Ovoo coal project in northern Mongolia

Capital markets

19 JUN 2009

Risky business

One of the most popular board games of the 1970s was a very basic strategy game called Risk. Compared

Africa

19 JUN 2009

Vedanta to raise US$1 billion from convertible bonds

Vedanta Resources plc, India's largest copper producer, is offering US$1 billion of convertible bonds

Europe/Middle East

12 JUN 2009

Cash inflow to cover development, debt

SEVERAL companies secured financing this week to cover liabilities associated with project development.

Australia

12 JUN 2009

WALSH JOINS RIO TINTO BOARDS

Sam Walsh, chief executive of Rio Tinto Iron Ore, has been appointed to the boards of Rio Tinto plc and

Africa

12 JUN 2009

Winners and losers

AS THE dust settles on the Rio Tinto saga it should become clearer who are the winners and losers. Rio

Australia

12 JUN 2009

Creasy, Apex spin off nickel assets to Croesus

APEX Minerals NL and famed Australian prospector Mark Creasy will vend their nickel assets into former

Australia

12 JUN 2009

MMX may sell equity for iron-ore expansion

MMX Mineracao e Metalicos SA, the mining company controlled by Brazilian billionaire Eike Batista, may

Back to the future

Harry Adams, chief executive of EMED Mining, is an engaging speaker and he certainly did not let his

Africa

05 JUN 2009

Minmetals offer for OZ remains the best option

OZ Minerals Ltd, the Australian mining company trying to refinance A$1.1 billion (US$882 million) debt,

Australia

04 JUN 2009

Norilsk posts US$555 million loss on write-down

MMC Norilsk Nickel, the world's largest nickel producer, recorded a loss of US$555 million for 2008,

Australia

29 MAY 2009

Platmin raises £39 million on AIM

Platmin Ltd's £39 million (US$62 million) secondary raising was the biggest such deal on London's AIM

North America

29 MAY 2009

Benchmark spotted

It has stood the test of time but after 40 years the future for an integral part of the metals market

Africa

29 MAY 2009

Vale slashes capex

Cia Vale do Rio Doce has taken the knife to its capital budget, cutting its planned investment spend

Africa

22 MAY 2009