The shock impairment, less than two years after Rio bought Mozambique-focused Riversdale Mining in 2011, helped trigger the departure of the group's then chief executive, Tom Albanese. The sources, who cannot be named as the matter is not public, ... The Fiscal Times, 1 week ago
SEC Probing Rio Tinto Over Coal Deal Writedown - CFO.com, 4 days ago
Australian junior Acacia buys S Africa coal project from Rio Tinto - Mining Weekly, 1 month ago
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LONDON. — Mining company Rio Tinto PLC yesterday said it was under investigation by the US Securities Exchange Commission (SEC) over an impairment it booked in 2012 against its operations in Mozambique. Rio said it was co-operating with the SEC's ...Zimbabwe Herald, 5 days ago RIO TINTO : under probe over Moza impairment 4 Traders, 5 days ago
A few big and several modest acquisitions have lightened the Southern African mining scene in the past three years, but an almost equal number of deals has collapsed. Analysts often complain that mining companies tend to make acquisitions at the ...Financial Mail, 1 month ago Good, bad and a bit misjudged Business Live South Africa, 1 month ago
Latest News Rio Tinto has confirmed reports that it is under investigation by the US Securities Exchange Committee (SEC) over an impairment in its 2012 accounts in Mozambique. The impairment relates to the company's 2011 acquisition of ...Australian Mining, 2 days ago Rio confirms SEC Mozambique investigation Yahoo! Xtra Business, 6 days ago Mozambique probe adds to Rio's African issues Bulk Handling Review, 1 week ago
, 10:51 Avocet Mining (LON:AVM) Resumption of operations at Inata expected this week European Metals (LON:EMH) Shallow lithium tin mineralisation at Cinovec Savannah Resources (LON:SAV) Savannah declares 3.5bnt ilmenite mineral sands resource ...Proactive Investors.co.uk, 4 weeks ago
ACACIA TO ACQUIRE RIVERSDALE ANTHRACITE COLLIERY FROM RIO TINTO Highlights Acacia has entered a binding agreement to acquire a 74% interest in the Riversdale Anthracite Colliery (RAC) metallurgical coal project The RAC is a premier, undeveloped, ...4 Traders, 1 month ago ACACIA COAL : Investor Update Presentation - Acquisition 4 Traders, 1 month ago
LONDON (Alliance News) - The following is a summary of top news stories Thursday. ---------- COMPANIES ---------- Multi-commodities miner and trading house Glencore said its debt-reduction plan remains on track and earnings for its Marketing ...London Stock Exchange, 6 days ago
LONDON (Alliance News) - London share prices were lower, the pound was above USD1.25, and oil prices were rising Thursday, as markets continued to price in Wednesday's OPEC agreement to cut oil production. The Organization of the Petroleum ...London South East, 6 days ago
LONDON (Alliance News) - London-listed stocks are called to open lower on Thursday as investors take stock of the OPEC agreement on Wednesday to cut oil production.IG says futures indicate the FTSE 100 to open 13.39 points lower at 6,770.4. The ...London South East, 6 days ago
LONDON (Alliance News) - Anglo-Australian miner Rio Tinto PLC on Thursday said it is cooperating with a US investigation into an impairment charge it booked on its coal assets in Mozambique.The Financial Times reported earlier this week that Rio was ...London South East, 6 days ago
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