Coal – Mineweb reported that attendees of the Coaltrans Mozambique conference were told that the country's major coal producers, such as Rio Tinto plc (ASX:RIO,LSE:RIO,NYSE:RIO) and Vale SA (NYSE:VALE), need to decrease their logistics costs in order to become profitable.
Articles Tagged "NYSE:RIO"
Diamond – Australian Mining reported that Rio Tinto plc (LSE:RIO,ASX:RIO,NYSE:RIO) has launched a new diamond marketing program in China called the Fashion of Diamonds. It has "resulted in numerous creative collaborations with designers and manufacturers," culminating in 13 collections made up of over 90 pieces of jewelry.
Diamond – Leibish & Co.'s chief buyer, Shmulik Polnauer, recently spoke with Diamond Investing News about the six pink diamonds and one red diamond his company purchased at the 2013 Argyle Pink Diamond Tender.
Coal – Reuters reported that Rio Tinto plc (ASX:RIO,LSE:RIO,NYSE:RIO) will be selling its 50.1-percent stake in the Queensland-based Clermont thermal coal mine to Glencore Xstrata plc (LSE:GLEN) and Sumitomo Corp. (TSE:8053) for $1.015 billion in cash.
Diamond – Rapaport said in its weekly report that several large diamond companies, including ALROSA (MCX:ALNU), De Beers, Rio Tinto plc (ASX:RIO,LSE:RIO,NYSE:RIO) and Dominion Diamond Corp. (TSX:DDC,NYSE:DDC), saw production increases in the third quarter of this year despite the fact that manufacturers have been refusing goods.
Diamond – Rapaport reported that Rio Tinto plc's (ASX:RIO,LSE:RIO,NYSE:RIO) diamond production came to 4.158 million carats during the third quarter, which ended on September 30. That's an increase of 12 percent from the previous year.
Diamond – Rapaport reported that the Argyle Phoenix, the top lot at Rio Tinto plc's (ASX:RIO,LSE:RIO,NYSE:RIO) Argyle Pink Diamonds tender, sold for more than $2 million. The sale consisted of 64 diamonds from the Argyle mine.
Iron – Iron ore has had a pretty good run this year, but the market is awaiting an onslaught of new product from Australia, Brazil and India, which is likely to push the price down.
Boron is a low-abundance, semi-metallic element used in a variety of industries including glass and agriculture.
Coal – The Wall Street Journal reported that talks regarding the sale of Rio Tinto plc's (ASX:RIO,LSE:RIO,NYSE:RIO) stake in the Queensland-based Clermont coal mine have stalled after bids from three different companies did not meet the mining giant's expectations.