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Rio Tinto signs binding agreement for Turquoise Hill takeover

Rio Tinto has signed an arrangement agreement to purchase the remaining 49% stake in Turquoise Hill Resources for $3.3bn.

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South32 in discussions over wages with Appin coal mine staff

South32 has initiated enterprise bargaining with Appin coal mine employees following their threat to make a partial strike.

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Tsingshan in talks to sell Indonesia steel assets to China Baowu Steel

China’s Tsingshan Holding Group is in advanced talks with China Baowu Steel Group to offload some of its stainless-steel assets in Indonesia.

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Kinross divests 90% stake in Ghana s Chirano mine for $225m

Kinross Gold Corporation has divested its 90% stake in Ghana’s Chirano mine to Asante Gold Corporation for a consideration of $225m in cash and shares.

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Astrindo signs $471m deal to buy PTT s coal business

PT Astrindo Nusantara Infrastruktur (Astrindo) has agreed to purchase Thai state-owned energy firm PTT’s coal unit for $471m.

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