Mining
The story behind Rio's $1.35-billion Saimandou deal with Chinalco
By By Ravi Kunder | 19 Mar 2010
Rio Tinto gives away a 47-per cent stake in the world's third-largest iron-ore mining project to Chinese state-owned aluminium giant, Chinalco, for just $1.35 billion. writes Ravi Kunder reports
Chinalco, RioTinto in $12-billion Simandou iron ore project talks
18 Mar 2010
Despite its plans to take a significant minority stake and board seats in Rio Tinto having been aborted in 2009, Chinalco is planning to invest in the Anglo American miner's Guinea iron-ore project
Vedanta violating forest laws in Orissa: environment ministry
13 Mar 2010
A three-member team of the ministry of environment and forests has accused Vedanta of violating the Forest Conservation Act
UK Coal eyes £350 million merger offer
10 Mar 2010
Essar in deal to acquire US coal miner Trinity for $600 million
08 Mar 2010
Essar Group, through its subsidiary Essar Minerals, Delaware, signed a deal on Saturday to acquire the Trinity Coal from Denham Capital Management for $600 million.
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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.jpg "Adani-Sirus joint venture to acquire 77.5% stake in Coredge.io parent Parserlabs")
