Rio Tinto Group Newswire

Comprehensive Real-Time News Feed for Rio Tinto Group.

Results 1 - 20 of 163 in Rio Tinto Group

  1. Gold M&A Pickup Boosts Prospects for Seabridge ProjectRead the original story

    Thursday Aug 21 | Bloomberg

    ... they come into play and they will be looking at the copper production out of this mine," said Ray, naming Rio Tinto Group (RIO) , Freeport-McMoRan Inc. (FCX) and BHP Billiton Ltd. (BHP) as potential partners. Illtud Harri, a Rio spokesman, ...

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  2. Eyes on Glencore Cash After BHP Disappoints on BuybackRead the original story

    Wednesday Aug 20 | Bloomberg

    ... Barrick Gold Corp. says it's now focusing on returns rather than production volumes. Earlier this month, Rio Tinto Group raised its dividend and said it's on its way to becoming a "cash machine" as a cost-cutting drive starts to bear fruit. BHP is ...

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  3. Fortescue Full-Year Earnings Rise 56% on Higher Ore OutputRead the original story

    Wednesday Aug 20 | The Washington Post

    ... a ton as about 125 million tons of higher cost global supply is displaced through December, according to Rio Tinto Group. Prices probably won't rise above $100 a ton, BHP Billiton Ltd. CEO Andrew Mackenzie said yesterday. "They are still one of the ...

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  4. Operations at Mongolia's Tavan Tolgoi Mine Halted, Macmahon SaysRead the original story

    Tuesday Aug 19 | Bloomberg

    ... by agreement." The disagreement comes as Mongolia's government is locked in a prolonged dispute with Rio Tinto Group over cost overruns and taxes at the Oyu Tolgoi copper and gold mine that's lead to a plunge in foreign investment. Enkhbat Badarch, ...

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  5. Mongolia Seeks Economic Lifeline With Pivot to China, RussiaRead the original story

    Tuesday Aug 19 | Bloomberg

    ... from energy to infrastructure, the visits signal a pivot to Russia and China as a prolonged spat with Rio Tinto Group over Mongolia's biggest ever investment has cooled foreign interest in the nation. "The timing is critical," said Peter Morrow , ...

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  6. BHP Plans Mining's Biggest Spinoff as Commodity Boom FaltersRead the original story

    Tuesday Aug 19 | The Washington Post

    ... an analyst at Jefferies LLC, wrote today in a note to clients. He now prefers stock in BHP's biggest rival Rio Tinto Group, he said. BHP is continuing a process to sell its Australian nickel unit, which isn't included in the new company, Mackenzie ...

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  7. BHP's Metal Discards Poised to Become Biggest Mining SpinoffRead the original story

    Tuesday Aug 19 | The Washington Post

    ... an analyst at Jefferies LLC, wrote today in a note to clients. He now prefers stock in BHP's biggest rival Rio Tinto Group, he said. BHP is continuing a process to sell its Australian nickel unit, which isn't included in the new company, Mackenzie ...

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  8. Deal Success Prompts China Miner to Seek More OverseasRead the original story

    Monday Aug 18 | Bloomberg

    China Molybdenum Co. , the nation's biggest producer by market value, is seeking more acquisitions after the success of its $820 million purchase of a Rio Tinto Group copper mine in Australia .

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  9. Potential $60 Billion Mine in Play With Rio Reviewing Its StakeRead the original story

    Sunday Aug 17 | The Washington Post

    An abandoned mine with a potential copper and gold resource worth more than $60 billion is in play with Rio Tinto Group saying it's reviewing its controlling stake in the company that owns the deposit in Papua New Guinea.

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  10. Blue $25m diamond hints at Earth's originsRead the original story w/Photo

    Sunday Aug 17 | Iol.co.za

    ... in the world of luxury stones. It's turning heads for its clarity, cut and kaleidoscopic hues of blue. Rio Tinto Group, the second-largest mining company, announced on Tuesday a tender for pink diamonds from its Argyle mine in Australia. Viewings ...

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  11. Worst-ever Ebola outbreak disrupts global supply chainsRead the original story w/Photo

    Sunday Aug 17 | Business Insurance

    ... Vancouver, British Columbia-based chief adviser for global business resilience, global security with Rio Tinto Group, said the London-based mining company, which has extensive operations in Guinea, put in place appropriate steps to minimize the ...

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  12. End of Boom Forces Miners to Review $616 Billion of DealsRead the original story

    Friday Aug 15 | Bloomberg

    ... end of a boom for commodities. With Anglo American Plc (AAL) fielding offers on a weekly basis for mines and Rio Tinto Group last month dumping Mozambique coal assets for a fraction of what it paid three years ago, producers are streamlining in the ...

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  13. Tata Steel Profit Misses Estimates on Benga Writedown, TaxesRead the original story

    Wednesday Aug 13 | The Washington Post

    ... on its 35 percent stake in the Benga mine in Mozambique. That occurred following a July 30 decision by the Rio Tinto Group, which majority-owned the asset, to sell its entire stake. Tax expenditure more than tripled to 10.8 billion rupees. The ...

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  14. Blue $25.6 Million Diamond Hints at Earth's Origins: CommoditiesRead the original story

    Wednesday Aug 13 | The Washington Post

    ... in the world of luxury stones. It's turning heads for its clarity, cut and kaleidoscopic hues of blue. Rio Tinto Group, the world's second-largest mining company, yesterday announced a tender for pink diamonds from its Argyle mine in Australia. ...

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  15. Iron Ore Busting 1.3 Billion Tons Spurs Boom for ShipsRead the original story

    Thursday Aug 7 | Bloomberg

    ... costs by 81 percent. Increased sales from Brazil before year-end means freight rates could go higher still. Rio Tinto Group and other miners will ship an extra 97.8 million metric tons from Australia, equal to more than 600 cargoes for Capesizes ...

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  16. Linc Energy Studies Offers for Its $412 Million Coal UnitRead the original story

    Thursday Aug 7 | The Washington Post

    ... has 27 exploration permits in Queensland state and last year acquired the shuttered Blair Athol mine from Rio Tinto Group with plans to reopen it. "We've got bids in, and we're assessing them," Chief Executive Officer Peter Bond said yesterday by ...

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  17. Rio Tinto Set to Boost Returns After Profit Jumps by 21%Read the original story

    Thursday Aug 7 | Bloomberg

    Rio Tinto Group , the world's second-largest mining company, said first-half profit gained 21 percent on record iron-ore shipments, setting the stage for an increase in cash returns to investors from next year.

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  18. Iron Giants Graze Cows on Land Size of Connecticut: CommoditiesRead the original story

    Wednesday Aug 6 | The Washington Post

    Rio Tinto Group is the world's second-largest exporter of iron ore. It's also one of Western Australia's biggest cattle ranchers, with room for 25,000 head to graze on land spanning an area larger than Connecticut.

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  19. Goldman Sees Iron Ore Rout Extending as Supply Growth QuickensRead the original story

    Tuesday Aug 5 | Bloomberg

    ... of $80 a metric ton in 2015 from $106 this year. Prices tumbled 29 percent this year as companies from Rio Tinto Group to BHP Billiton Ltd. (BHP) increased output, betting higher volumes will more than offset falling prices. Citigroup Inc., Deutsche ...

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  20. Mittal, Glencore Said to Be Among Potential Simandou BiddersRead the original story

    Thursday Jul 31 | The Washington Post

    ... interested in Simandou. The iron-ore position of Glencore pales in comparison with rivals BHP Billiton Ltd., Rio Tinto Group and Vale SA. Still, Chief Executive Officer Ivan Glasenberg has previously expressed reluctance to invest in expensive new ...

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