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Rio sells disastrous Mozambique project Rio sells disastrous Mozambique project

Rio Tinto has sold its Mozambique coal assets to the Indian government for $53.6m, finally ridding itself of a project which has seen almost $3.5bn in asset writedowns since its purchase in 2011.

 Carmichael headlines trio of big mine approvals
Carmichael headlines trio of big mine approvals

One could be forgiven for forgetting the mining slowdown this week, with three major mines given the go-ahead by Australian governments.

Copper giant gets Indo breakthrough
Copper giant gets Indo breakthrough

Indonesia’s freeze on mineral ore exports has been broken, with Freeport McMoRan striking a deal with the government which allows it to resume copper exports from the south east Asian nation.


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Forge receiver tackles Samsung over Roy Hill contract

KordaMentha, the firm tasked with handling Forge Group’s receivership following the mining engineer group’s collapse early this year, is set to take on Samsung over a $1bn contract Forge held at the Roy Hill iron ore project.

Contractors recognised at Queensland awards

SMW Group, Ausenco Rylson, BMD and Thiess were among the mining contractors recognised last week at the Queensland Mining Contractor Awards.


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