Mining
Glencore shareholders approve $67-bn merger with Xstrata
20 Nov 2012
After nine months of hard negotiations, shareholders of commodities giant Glencore International today voted overwhelmingly in favour of its $67-billion merger with diversified Anglo-Swiss miner Xstrata Plc
Posco consortium to buy $1-bn stake in ArcelorMittal Mines Canada
14 Nov 2012
ArcelorMittal Mines Canada is one of the leading suppliers of iron ore to steel markets around the world, generating some 40 per cent of Canada’s total ore production
BHP Billiton exits Diamond business with sale of Ekati mine to Harry Winston for $500 mn
14 Nov 2012
BHP Billiton, the worlds biggest miner, will exit the diamond mining business after selling its stake in the Ekati diamond mine in Canada and Diamonds Marketing operations
Odisha continues crackdown on mining firms
08 Nov 2012
Ministerial group moots deallocation of 8 PSU coal blocks in Chhattisgarh
07 Nov 2012
The inter-ministerial group, which has so far reviewed 19 out of 33 cases, held marathon meetings on 5 and 6 November to decide on deallocating the eight blocks
