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RIVERSDALE MINING OF AUSTRALIA
- High valuation stops ICVL to counter Rio's bid for Riversdale
International Coal Ventures Ltd (ICVL), set up by SAIL, CIL, NMDC, RINL and NTPC to acquire overseas assets, did not go in for countering R...
- Steel stocks surge as investors lap up shares on better earning hopes
Shares of Tata Steel, India’s largest steelmaker, surged 3.6% on Monday as investors bought the stock in expectation of improved profitabil...
- Tata Steel may cut debt in Riversdale sale
Tata Steel, India’s largest producer of the alloy, may lower its debt by more than 8% if it sells its stake in Australia's Riversdale Minin...
- ICVL asks Citi to conduct Riversdale due diligence
International Coal Ventures Ltd (ICVL) the consortium of five state-run companies that scouts for overseas raw material assets, late on Thu...
- ICVL to decide on bid for Riversdale on Thursday
International Coal Ventures will decide on Thursday whether to launch a counter bid to buy a controlling share in Australia's Riversdale Mi...
- Tata Steel in talks to sell South African assets
Tata Steel is in negotiations to dispose off its South African plant and assets to raise upwards of $150 million in cash.
- Riversdale stake: NMDC may go solo
NMDC on Friday said it may bid independently for a stake in Africa-focused Riversdale Mining and ruled out any possibility of partnering wi...
- Tata Steel may form alliance to bid for Riversdale
Tata Steel could team up with an Indian metals company or a miner to make a counterbid for Riversdale Mining.
- Tata Steel rises on news of Rio’s Riversdale bid
Shares of Tata Steel surged 3.4% on Monday after news that global mining major Rio Tinto had made a $3.5-billion bid for Africa-focused Riv...
- Mozambique project to yield 5.3 MT of coal by 2011: Tata Steel
Tata Steel, the world's seventh largest steel producer, expects coal production from its joint venture project in Mozambique to touch 5.3 m...
- Tata Steel in talks with mining cos for JVs in Vietnam, SA
The steelmaker in 2007 entered into an agreement with Vietnam Steel Corporation to set up a mill.
- Tata Steel JV eyes coal production in Mozambique by 2014
Tata Steel and its joint venture partner Australia-based Riversdale may start production from the Benga coal project in Mozambique in the n...
- Tata buys 7.29 pc stake in Riversdale Mining at $120mn
Tata Steel has bought 7.29 per cent additional stake in Australia-based Riversdale Mining for a sum of $ 120.7 mn through its Singapore sub...
- Tata Steel buys 7% more in coal mines co for $121 million
Tata Steel has bought about 7.3% equity stake in Riversdale Mining, which owns coal blocks in Mozambique, for $120.7 million, taking its to...
- Steel cos scout for coking coal assets abroad
The special purpose vehicle (SPV) formed by PSU biggies - SAIL, NTPC, Rashtriya Ispat Nigam (RINL), National Mineral Development (NMDC) and...
- Tata Steel to invest $1.5 bn in African iron ore mine
Tata Steel to invest $1-$1.5 bn over the next 3-4 years to develop Mount Nimba iron ore deposit in Ivory Coast.
- Tata Steel in JV with Aussie co for Mozambique project
Tata Steel on Friday signed a joint venture with Australia’s Riversdale Mining to develop a hard coking and thermal coal project in Mozambi...