Browsing: Rio Tinto

Extractives
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Riversdale millionaire still trading Mozambique mines through tax havens

An Australian who made millions selling Mozambican coal mining prospects to Riversdale and then Rio Tinto, is selling a ruby mine concession in Cabo Delgado for $2 million - and is linked to an Australian listed company developing a graphite mine in the [...]

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Coal
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Fraud charges for Rio Tinto over disastrous Mozambique coal deal

Rio Tinto, its former CEO Tom Albanese, and former CFO Guy Elliott have been charged with fraud by the United States’ Securities and Exchange Commission over the company’s acquisition of coal mines in Mozambique’s Tete province, which lost the company [...]

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Extractives
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Mozambique seeks mining company to take on Inhambane mineral sands concession

Mozambique’s mining industry regulator is seeking bidders to take over a prospective heavy sands concession in Inhambane province which Mozambican authorities believe could prove economically viable, despite having been abandoned by Rio Tinto. [...]

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Extractives
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Savannah ups heavy minerals resources estimates at its Mutamba project

Savannah Resources has reported a new inferred resource estimate at its Ravene deposit in southern Mozambique, which shows the project has the potential “to be a significant producer of titanium feedstocks,” Savannah’s CEO, David Archer, said in a
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