Mining
Noble, Posco drop $1.24 billion bid for Australia’s Arrium
31 Oct 2012
Arrium had, on 1 October, rejected the consortium's offer of A$75 cents a share that valued the Sydney-based company at $1-billion
JSPL close to acquiring West African iron ore mine for around $2 bn
22 Oct 2012
After terminating a $2.1-billion iron ore development deal in Bolivia this year, Jindal Steel & Power Ltd (JSPL), controlled by billionaire politician Naveen Jindal, is close to acquiring an iron ore mine in West Africa for $2 billion.
CBI charges Yeddyurappa, JSW Steel in graft case
17 Oct 2012
Former Karnataka chief minister B S Yeddyurappa has been accused of receiving a Rs20-crore kickback from South West Mining in return for waiving Rs890 crore due to the state government
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