Articles Tagged "NYSE:RIO"

India May Open Commercial Coal Mining to Foreign Companies

Coal – In a bid to tackle the India's coal supply shortage - which happens despite the country sitting on the world's fifth largest coal reserves - Prime Minister Narendra Modi is considering opening up commercial coal mining to foreign companies, according to Reuters. Companies like Rio Tinto (NYSE:RIO) would be allowed to operate in India if they set up units in the country.

Ebola Outbreak Hurting West Africa’s Iron Ore Companies

Iron – Low iron ore prices and the recent Ebola outbreak are causing big problems for West African companies focused on the metal. Is there any way for investors to escape unscathed?

Rio Tinto Sees Strong Iron Ore Demand

Iron – The Australian reported that Rio Tinto (NYSE:RIO) says it is seeing high demand for its iron ore, in spite of falling prices. The mining giant forecast demand from China to continue, expecting crude steel production to clock in at 1 billion tonnes by 2030.

Bacanora Minerals Looks to Expand Sonora Lithium Project, Mexico

Lithium – Canada's Bacanora Minerals, is up 190 percent so far in 2014, and the company has plans to continue moving full steam ahead with the development of its Sonora lithium project. Bacanora announced on Tuesday that it would begin a "significant drilling and exploration program" to expand its resources at the Mexican project, already ranked among the largest bedrock resources in the world.