Rio Tinto plc

George Forrest Bids For Forsys Metals

While other juniors fight to remain solvent amidst a lurching global economy, Forsys Metals (FSY-T, FOSYF-o) has managed to snag a potential $580-million windfall.


Kalahari Scraps Extract Merger

Kalahari Minerals (KAH-l) has called off a merger with Extract Resources (EXT-T, EXT-a) over fears that it would give Rio Tinto (RTP-N, RIO-n), a stakeholder in both companies, too much power in the m…


BHP Billiton Drops Rio Tinto Offer

The world’s largest miner, BHP Billiton (BHP-N, BLT-l), has withdrawn its hostile takeover bid for fellow mega-miner Rio Tinto (RTP-N, RIO-l).


BHP drops Rio Tinto bid

The world’s largest miner, BHP Billiton (BHP-N, BLT-L), has withdrawn its hostile takeover bid for fellow mega-mine…



Cardero Resource drills through the sand and dune cover at its Pampa de Pongo iron deposit, in southern Peru. The company has been offered US$200 million for the project by Nanjinzhao Group, a private enterprise from China.

Cardero offered US$200M for Pampa de Pongo

Vancouver — In the midst of a flurry of questions about slowing Chinese metal consumption, Cardero Resource (CDU-T, CDY-x) saw its share price jump almost 30% on news that a Chinese group wants to bu…






The headframe and shaft at Ivanhoe Mines' Oyu Tolgoi copper-gold project, in Mongolia. In an address at the Denver Gold Forum, Ivanhoe CEO Robert Friedland plugged the virtues of copper, demand for which he sees as rising.

Copper ‘the real gold’

Describing many of the world’s current copper projects as “old ladies waiting in bed to die,” Robert Friedland, chief executive of Ivanhoe Mines (IVN-T, IVN-n), told analysts and investors at the Denv…



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