Mining
ED attaches Rs884-cr assets in Janardhana Reddy firm
06 Dec 2012
Continuing its crackdown on the illegal iron-ore mining mafia in Andhra Pradesh, the Enforcement Directorate this morning attached shares and assets worth Rs884 crore of Brahmani Industries Ltd (BIL), controlled by the state’s former tourism minister Gali Janardhana Reddy
Adani Group plans production from $10-bn Australian coal project by 2015
03 Dec 2012
Production is expected to reach its peak capacity of 60 million tonnes per annum by 2022 for the next 40 years
Rio Tinto to cut costs by $5 billion by 2014
30 Nov 2012
European regulator approves $67-bn Glencore-Xstrata deal with conditions
23 Nov 2012
Glencore now has to wait for the approval of regulators in China and South Africa to seal the merger, after shareholders of both companies this week finally approved the long-awaited merger
Xstrata-Glencore merger: investors snub £144-million retention bonuses
21 Nov 2012
Shareholders of Swiss miner Xstrata Plc voted by 78.9 per favouring the merger with Glencore, without the board-backed payments package to retain top officials
