Iron – Mining Weekly reported that Rio Tinto plc's (ASX:RIO,LSE:RIO,NYSE:RIO) Alan Davies said at Investing in African Mining Indaba that the Simandou project, which is expected to put out about 100 million tonnes of iron ore annually, is a "very important investment" for the company.
Articles Tagged "NYSE:RIO"
Diamond – Rav Dhillon, founder of jeweler Dhillon Prestige, spoke with Diamond Investing News about how his company sources diamonds, why it's so important to educate investors and today's most popular diamond colors.
For the first time in three years, Citibank has moved its 12-month sector stance from neutral to bullish. The New York-based bank said it favors diversified miners over pure-play producers this year.
Coal – Bloomberg reported that Rio Tinto plc's (LSE:RIO,ASX:RIO,NYSE:RIO) attributable thermal coal production came to 26.8 million metric tons in 2013. That's a record as well as a 12-percent increase from the previous year.
Diamond – Rapaport reported that Rio Tinto plc's (LSE:RIO,ASX:RIO,NYSE:RIO) 2013 diamond production came to 16.027 million carats, a 22-percent increase compared to the previous year.
Iron – Rio Tinto (LSE:RIO,NYSE:RIO,ASX:RIO) has beaten its 2013 copper and iron ore guidance, The Australian reported.
Diamond – 2013 brought the return of price stability to the diamond market, and analysts and companies believe 2014 will feature more of the same.
Diamond – Diamond Investing News recently had the chance to speak with Brooke Clements, president of Peregrine Diamonds, which confirmed earlier this month that the CH-6 kimberlite pipe on its Chidliak diamond project is one of the highest-grade kimberlites in the world.
Copper – Reuters reported that commodity trader, Trafigura, has agreed to provide financing for the Oyu Tolgoi mine in exchange for a long-term deal to buy the mine's output.
Uranium – It's been a rough week for Rio Tinto, and it looks like the unexpected supply halts are taking a chunk out of uranium supply going forward.