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Australian mining News

Australian mining

01 Aug 2014

India group ICVL to nearly triple coal output from mine bought from Rio Tinto

Rio Tinto said on Wednesday it would sell the Benga mine and other projects in Tete province it bought via a $4 billion acquisition of Riversdale Mining in 2011 for just $50 million to the group.

Australian mining

30 Jul 2014

ICVL to buy Rio Tinto's coal assets in Mozambique for $50 mn

The acquisition will be the first of ICVL since its inception in 2009.

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