Rich inherit Earth's wealth

Rich inherit Earth's wealth

16 May 2012 10:36 - Roman Grynberg
Despite a backlash by host countries to retain mining income, a few gazillionaires are cashing in.

R37,9bn deal firms Anglo's iron-ore position

17 Jan 2008 16:52 - Staff Reporter
Anglo American, the world's second-largest resources group, on Thursday strengthened its iron-ore portfolio by announcing a $5,5-billion (R37,9-billion) deal that will see it take control of key projects in Brazil. The group is holding exclusive negotiations with Mineração e Metálicos's controlling shareholder, Eike Batista.