mining company

Mining company Anglo American has gained a controlling interest in diamond miner De Beers, paying $5.1 billion for the 40 percent of De Beers shares held by the Oppenheimer family.

China's Minmetals Resources withdrew its offer to buy Equinox Minerals Ltd. after it was bested by a $7.7 billion (7.3 billion Canadian dollar) bid by mining company Barrick Gold Corp.

Brazilian mining company Vale says it will acquire Metorex for more than $1.1 billion in cash, giving Vale majority ownership of the South African company's two mines in Africa's copper belt.

Norwegian aluminum producer Norsk Hydro ASA has signed a $4.9 billion deal to buy the majority of Brazilian mining company Vale S.A.'s aluminum operations, officials said Sunday.

Newmont Mining has agreed to sell a 14 percent stake in an Indonesian gold mine for $494 million, ending a years-long dispute with the Indonesian government over how the mining company should sell shares as required under its contract to operate in the country.

A Montana mining company that warned of possible layoffs after General Motors Co. canceled a major contract says higher platinum and palladium prices have made up for the lost business.

Sterlite Industries is raising its bid for the mining company Asarco LLC by 20 percent to $2.57 billion, topping rival Grupo Mexico's offer for a company that has been operating under bankruptcy protection.

An employee enters the offices of Australian mining company Rio Tinto in Shanghai yesterday.

Montana Gov. Brian Schweitzer says General Motors Co. has agreed to resume negotiations with a mining company that the automaker recently dropped as a supplier.

Jacques A. Nasser will succeed Don Argus as chairman at the mining company.