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Rio Tinto

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Rio Tinto reveals full year profits and dumps dividend policy for 2016

Sydney Morning Herald - ‎2 hours ago‎
Rio Tinto shares have plummeted by more than 8 per cent in London after the miner said dividends will fall in future years.

Rio Tinto Swings to Annual Loss, Alters Dividend Policy

Wall Street Journal - ‎3 hours ago‎
SYDNEY—Rio Tinto PLC scrapped its dividend policy after slumping to an annual loss, effectively conceding it had misread the strength of China's commodities demand and the potential returns from aggressively expanding iron-ore production from ...

Rio Tinto bauxite and alumina chief Phillip Strachan leaves amid cutbacks

Sydney Morning Herald - ‎Feb 7, 2016‎
The man at the helm of Rio Tinto's booming bauxite business has left the company, as the miner's cost cutting drive continues to trim its executive ranks.
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Rio Tinto has dividend cut in its sights

Sydney Morning Herald - ‎Feb 7, 2016‎
Rio Tinto is expected to slash its $US4.1 billion ($5.8 billion) annual dividend payout as early as August. Investors expect the mining giant to announce at its full-year results this Thursday that it is putting its so-called progressive dividend ...

CompaniesOpening Quote: Rio Tinto drops progressive divi policy

Financial Times - ‎2 hours ago‎
Rio Tinto is dropping its progressive dividend policy, Ashmore's assets under management have slipped by $9.5bn, Johnston Press wants to buy the i. FT Opening Quote, with commentary by City Editor Jonathan Guthrie, is your early Square Mile briefing.

FTSE 100 hits lowest since 2012 as Rio Tinto swings to loss

MarketWatch - ‎1 hour ago‎
U.K. stocks slumped on Thursday and headed for their lowest close in three-and-half years as investors dumped anything considered a risky asset amid a renewed global selloff.

Rio Tinto scales up its big data ambitions

iT News - ‎Feb 7, 2016‎
Rio Tinto is opening its “vast troves” of exploration data to junior explorers in the hopes they will help sift for opportunities and supply ideas and labour.
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Finance week ahead: CBA and Rio Tinto profits the focus

ABC Online - ‎Feb 7, 2016‎
The consensus view is that Rio will see its underlying profit full-year profit roughly halved from $US9.5 billion to $US4.5 billion.
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Rio Tinto says seeking growth opportunities in Africa

Yahoo7 News - ‎Feb 8, 2016‎
UK-AFRICA-MINING-RIO-TINTO:Rio Tinto says seeking growth opportunities A sign adorns the building where mining company Rio Tinto has their office in Perth, Western Australia, in this November 19, 2015 file photo. REUTERS/David Gray/Files.

Sam Walsh: Rio Tinto's boss is an iron fist in a velvet glove

The Australian - ‎Jan 29, 2016‎
The company he leads, Rio Tinto - the world's second-largest mining conglomerate - has lost $31 billion in sharemarket value since the middle of 2014.

Anxiety drags down European markets

BBC News - ‎31 minutes ago‎
On the FTSE 100, the biggest losers were a mix of banks, mining firms and energy stocks. Mining giant Rio Tinto fell 4.7% after it revealed that it had made an annual loss of £596m.
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Rio Tinto Canada Commences Drill Program on Forum Uranium's 40% Owned Henday Property

Investing News Network (press release) (registration) (blog) - ‎19 hours ago‎
Forum Uranium Corp. (TSXV:FDC) announced that Rio Tinto Canada Uranium Corporation has commenced a drill program with two diamond drill rigs at its 40% owned Henday property.

Is Rio Tinto Limited's dividend in doubt?

Motley Fool Australia - ‎Jan 28, 2016‎
Many pundits are calling on Rio Tinto, the world's second-largest iron ore producer, to cut its dividend in a bid to conserve cash in the face of prolonged falls in commodity prices.
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Rio Tinto, 5 others quit London Metal Exchange

MarketWatch - ‎Feb 7, 2016‎
Six companies, including the world's second-biggest iron ore exporter, have all given up their membership of the London Metal Exchange, the metals bourse said Friday.

Rio Tinto slumps into annual net loss as slowdown bites

The Star Online - ‎3 hours ago‎
“Against a highly challenging environment, Rio Tinto delivered a strong performance in 2015 with underlying earnings of US$4.5 billion,” Rio chief executive Sam Walsh said in a statement.

Half dozen LME members resign, including Rio Tinto

Yahoo7 News - ‎Feb 5, 2016‎
LONDON (Reuters) - Half a dozen of the lowest ranking members on the London Metal Exchange with no trading rights, including global miner Rio Tinto, have resigned, the LME said on Friday. A members' notice announcing the resignations of category 5 ...
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Rio Tinto sliding back to GFC low

Australian Mining - ‎Feb 3, 2016‎
Rio Tinto is edging dangerously close to its lowest share price on the ASX since the GFC. Over the past month Rio has lost 18.5 per cent of it's value, dropping from $45.44 per share to $37.03.

Rio Tinto boss Andrew Harding warns Australia's prosperity at risk on education issue

The Australian Financial Review - ‎Jan 29, 2016‎
Rio Tinto iron ore boss Andrew Harding says the nation's prosperity at risk as maths skills fall. Philip Gostelow. Share on twitter · Share on Google Plus.

Earnings look ahead: Rio Tinto

IG - ‎Feb 3, 2016‎
Rio Tinto is feeling the pain of the commodity rout, and the collapse in the price of metals has hit the miner hard. Revenues and profits are dropping as the underlying metal prices remain weak.