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Mining Companies, Vale – Xstrata – Rio Tinto Submitted Proposal To Develop Mongolia Coal Mine
Vale, Xstrata and Rio Tinto are among the companies that have submitted proposals to develop Mongolia’s prized $2 billion Tavan Tolgoi coal mine, according to two people with direct knowledge of the matter.
Russia’s Vekselberg eyes African mining projects
Russian billionaire Viktor Vekselberg is looking to invest in mining projects throughout Africa as his Renova Group moves forward with a large manganese and ferro-alloy project in South Africa.
Vekselberg, Russia’s fifth-richest man, told Reuters in an interview on Friday Renova would complete a feasibility study into the manganese project in the first quarter of 2007.
“South [...]
