Chinalco Said to Seek $1 Billion in IPO of Peruvian Unit
Aluminum Corp. of China, the country's biggest producer of the metal, may start a $1 billion initial share sale this month in Hong Kong of its Peruvian copper mining unit, said two people with knowledge of the matter.
Yanzhou Said in Talks to Buy Vale's Stake in Mine
Yanzhou Coal Mining Co. is among companies in talks to buy Vale SA's stake in an Australian coal mine for more than A$500 million ($503 million), said people with knowledge of the matter.
Colombia, China discuss coal mining ventures, possible rail project
China is interested in helping Colombia develop its mostly unexploited deposits of metallurgical or coking coal, the Colombian government said Thursday.
China Fund, Bellzone Seek Rio Tinto's Simandou Mine, Times Says
China International Fund and Bellzone Mining Plc (BZM) are interested in taking over Rio Tinto Group (RIO)'s Simandou iron-ore project in Guinea, the Sunday Times reported, citing a presentation from last year.
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