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Rio Tinto

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Rio Tinto to spend $US5.3b on Oyu Tolgoi expansion in Mongolia

Sydney Morning Herald - ‎15 hours ago‎
Rio Tinto will push ahead with a $US5.3 billion expansion of its Oyu Tolgoi copper and gold mine in Mongolia, with the project set to cost about $US400 million more than previously thought.
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Rio Tinto says it will cap Australian iron ore production at 360mt

Sydney Morning Herald - ‎May 4, 2016‎
Rio Tinto chairman Jan du Plessis has vowed not to expand the company's iron ore division beyond 360 million tonnes per year, and defended plans to build a contentious copper mine in the US.

Small town residents confront Rio Tinto at Annual General Meeting

ABC Online - ‎May 5, 2016‎
MARK COLVIN: A small town today took on the multinational corporation Rio Tinto at the company's Annual General Meeting.

Rio Tinto looks long term as new CEO Jean-Sebastien Jacques, or JS, steps up

The Australian Financial Review - ‎May 4, 2016‎
Former Rio Tinto boss Tom Albanese may have called the bottom of the commodities rout this week but it will be a more cautious message coming out of the global miner's annual meeting in Brisbane on Thursday.

Rio Tinto's $5 billion bet on copper

Reuters - ‎7 hours ago‎
Rio Tinto is pushing to become a global copper powerhouse after giving the green light to a $5.3 billion expansion of the Oyu Tolgoi mine in Mongolia, despite copper prices languishing near seven year lows.

BRIEF-Rio Tinto approves $5.3 bln Oyu Tolgoi copper expansion in Mongolia

Reuters - ‎15 hours ago‎
May 6 Rio Tinto Plc : * Approves development of Oyu Tolgoi underground mine. * Development of underground mine will start in mid-2016 following approval of a $5.3 billion investment by partners and recent granting of all necessary permits.
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Rio Tinto Limited shareholders: Watch out below!

Motley Fool Australia - ‎May 3, 2016‎
Today, the ASX-listed shares of the iron ore mining heavyweight are trading down as much as 4.9%, echoing the losses posted by their London-listed counterparts overnight.

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The Globe and Mail - ‎12 hours ago‎
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Rio Tinto has unveiled its biggest ever violet diamond from its West Australian mine

Business Insider Australia - ‎May 2, 2016‎
Rio Tinto has recovered its largest ever violent diamond from its Argyle mine in Western Australia. The extremely rare diamond is 2.83 carats, polished in an oval shape, and known as The Argyle Violet.

Incoming Rio Tinto head sees tough operating environment ahead

The West Australian - ‎May 4, 2016‎
SYDNEY (Reuters) - Global miner Rio Tinto said it expects a tough macro operating environment for the foreseeable future. "There is no doubt these are challenging times for the sector and for your company," incoming Chief Executive Jean-Sébastien ...
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Rio Tinto Stadium set for field renovation as Real Salt Lake hits the road - ‎May 5, 2016‎
Real Salt Lake is about to embark on a five-game road trip starting with Saturday's first-place showdown with the Colorado Rapids (9 pm ET, MLS Live).
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Rio Tinto prices Dutch Auction

Finance News Network - ‎22 hours ago‎
Rio Tinto Limited (ASX:RIO) has announced it has priced its Dutch Auction offer under its plan to reduce gross debt by $1.5 billion.

Why Rio Tinto's Sam Walsh was denied his 'victory lap'

The Australian Financial Review - ‎Apr 28, 2016‎
Rio Tinto's outgoing CEO, Sam Walsh, would have liked to stay until next year. Bloomberg. Share on twitter. by James Chessell.

Rio Tinto CEO a non-believer in commodities rebound

Hellenic Shipping News Worldwide - ‎May 5, 2016‎
Mining giant Rio Tinto is not counting on an upturn in commodities markets anytime soon despite recent gains in prices of iron ore, its main source of revenue, as much of the world's economies continue to underperform.

Rio Tinto's ERA to sell stockpiled uranium to cover mine closure

Reuters - ‎May 3, 2016‎
ERA's prospects beyond 2021 are bleak after Aboriginal land owners refused to back a renewal of its mining authority beyond 2021 and its parent, Rio Tinto, last year declined to invest in further studies on its Ranger 3 Deeps project. Uranium prices ...

Why dividends are set to disappoint at Rio Tinto plc and Centrica plc

Motley Fool UK - ‎May 5, 2016‎
A steady deterioration in commodity prices had prompted frenzied speculation that Rio Tinto's (LSE: RIO) previously-generous dividend policy could be coming to a close.

Rio Tinto IT tool unearths millions in prized iron ore

iT News - ‎Apr 25, 2016‎
A 3D visualisation of Rio Tinto's mine sites coupled with sensors on its trucks and processing plants is reaping the miner an extra 900,000 tonnes of iron ore and millions in revenue every year at just one mine site.
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Rio Tinto in loan of last resort to Kakadu uranium miner

Sydney Morning Herald - ‎Apr 28, 2016‎
Rio Tinto will offer a $100 million loan of last resort to uranium miner Energy Resources of Australia in a bid to ensure the redundant miner can fully fund its rehabilitation obligations in the heart of Kakadu National Park.
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Rio Tinto diamond that is the largest ever found in Australia to go up for sale for $5.3M

Daily Mail - ‎May 4, 2016‎
It may be known for its barren red sands and deadly animals, but every once in a while the Australian outback throws up a gem - this time in the form of a multi-million dollar diamond.
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Zacks Industry Outlook Highlights: Rio Tinto, BHP Billiton and Vale

Nasdaq - ‎May 4, 2016‎
Iron: The threat of oversupply continues to plague the industry as major iron ore producers, Rio Tinto plc ( RIO ), BHP Billiton Limited ( BHP ), Vale S.A ( VALE ) and Fortescue Metals Group Limited ramped up production in recent years.