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December 10, 2009
RBM seals deal on empowerment
RICHARDS Bay Minerals, a joint venture between mining giants BHP Billiton and Rio Tinto, yesterday announced the completion of its long-awaited 4,5bn black economic empowerment deal with KwaZulu-Natal consortium Blue Horison as it seeks to boost its chances of gaining new-order mining rights.
RBM, the world's largest titanium producer, has submitted its mining conversion application to the Department of Mineral Resources and it is being assessed.
Posted by StaffWriter at December 10, 2009 10:15 AM
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