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MINER'S RIGHT
The return bout of Anglo American vs Gina Rinehart
The devil will be in the fine print but as Anglo American moves to acquire British fertiliser-project developer Sirius Minerals it’s to be hoped that someone refreshes senior management on the last time it dealt with Australia’s richest woman, Gina Rinehart.
While not a major shareholder in Sirius, Rinehart is close to the project through a deal struck three years ago to provide US$250 million for a 5% gross royalty on the first 13 million tonnes of polyhalite...
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