Page 10 - ரிச்சர்ட்ஸ் வளைகுடா தாதுக்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Proactive weekly mining highlights: IronRidge Resources, Ferro-Alloy Resources, Shanta Gold…
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Proactive weekly mining highlights: IronRidge Resources PLC, Ferro-Alloy Resources PLC, Shanta Gold Ltd
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Richards Bay economy on brink of collapse as RBM closes?
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Outright criminality makes Rio Tinto declare force majeure at SA operation
30 June 2021 6:46 PM
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Bruce Whitfield talks to Business Maverick contributor Ed Stoddard about the suspension of operations at Richards Bay Minerals.
Global mining giant Rio Tinto has taken the serious step of declaring force majeure on customer contracts at Richards Bay Minerals (RBM).
The company says an escalation in the security situation led to the decision to cease all mining and smelting operations.
Force majeure is a legal provision that allows parties to suspend or end contracts because of events that are beyond their control, such as wars or natural disasters.
Rio Tinto declares force majeure, violence halts operations at RBM
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