Multinationals bow to tougher anti-graft laws

BHP Billiton tightening the screws on its local business associates.

Nationalism, not nationalisation

The ANC is pondering a windfall tax as a less risky way to maximise benefits from minerals, writes Kevin Davie.

Zim to probe foreign firms over ownership law

Zimbabwe is due to probe firms to establish their level of compliance with a law that forces them to sell at least 51% of shares to Zimbabwe locals.

Brics driving commodity demand

Demand for iron ore, copper and aluminium will double in the next 15 to 20 years, driven by the Brics economies, says Rio Tinto's chief executive.

Rio, Anglo to sell stakes in Palabora Mining

Rio Tinto and Anglo American have said they plan to sell their stakes in Palabora Mining, SA's only refined copper producer.

Zim Parliament throws out 'absurd' nationalisation laws

Zimbabwe's Parliament has declared that Mugabe-backed regulations seeking to nationalise foreign companies are "unconstitutional ... and absurd".

Rio Tinto offer for Riversdale extended again

Resources group Rio Tinto has said that it extended its $4-billion offer for Riversdale by another two weeks.

Rio Tinto plans to delist Riversdale

Resources group Rio Tinto said on Friday that it would seek to delist Riversdale following the end of its takeover bid.

Zimbabwe may force miners to fund development

Zimbabwe is considering legislation to force miners to fund development in local communities, a state-owned newspaper said on Tuesday.

Rio offers $3,9bn for Riversdale

Rio Tinto has offered $3,9-billion to buy Australian-listed coal miner Riversdale in an agreed deal.

Mining rights row

Australian mining giant Rio Tinto is seeking international intervention after the company lost the mining rights to two exploration blocks in Guinea.

Rio Tinto first-half earnings jump

Anglo-Australian mining giant Rio Tinto on Thursday posted a 260% jump in first-half net earnings to a record $5,85-billion.

Australian mining tax may boost Rudd's appeal

Australia's plan to hit mining projects with a new tax might have upset resource companies, but it could prove popular with voters.

Rio Tinto staff jailed in China

A Chinese court convicted four employees of mining giant Rio Tinto including an Australian national on Monday on bribery and trade secrets charges.

Rio Tinto scraps Coega smelter plan on power woes

Global miner Rio Tinto scrapped its plan to build an aluminium smelter on the southern coast of South Africa due to power shortages in the country

China arrests Rio Tinto employees

Chinese prosecutors have formally arrested four employees of Anglo-Australian mining giant Rio Tinto on suspicion of obtaining commercial secrets.

Australia pushes China on Rio Tinto detentions

Australia summoned China's ambassador on Monday for a second time to press for details of the detention of Rio Tinto's top iron ore salesperson.

Dropping BHP-Rio dream 'disappointing'

BHP Billiton chair Don Argus said the group's decision to drop its plans to pursue rival Rio Tinto is "disappointing after many months of hard work".

Rio Tinto under pressure on asset sales

Rio Tinto said on Wednesday it was confident it could sell billions in assets to pay down massive debt, despite concerns about a lack of buyers.

BHP Billiton drops Rio Tinto takeover bid

BHP Billiton announced on Tuesday it was dropping its controversial hostile takeover bid for rival Rio Tinto due to the state of the global economy.

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