Declining Australian Dollar Leads to ASX Increase
Shares increased in Australia by 0.3 percent as firms exposed to the US market benefited from a declining Australian dollar.
Articles Tagged "rio tinto"
Rio Tinto to Sell Argyle’s Largest Red Diamond in 2013 Tender
Diamond – The Telegraph reported that at its annual Argyle Pink Diamonds Tender, Rio Tinto plc (ASX:RIO,LSE:RIO,NYSE:RIO) will put the 1.56-carat Argyle Phoenix, the largest red diamond ever produced by its Australia-based Argyle mine, up for sale.
Fission Uranium: High Grade Uranium in Athabasca Basin
Uranium – Uranium Investing News had a chance to talk to CEO Dev Randhawa about the company and the uranium market.
Tips for Diversifying Beyond Gold from Brent Cook
Copper – Last month's landslide at Utah's Bingham Canyon, one of the world's largest copper mines, triggered significant discussion on possible copper shortages. Brent Cook, veteran geologist and publisher of Exploration Insights, puts the landslide into perspective in this interview with The Metals Report. And for investors who want to dig out profit potential beyond the yellow metal, Cook gives us a byproduct primer and suggests base metals are a great way to diversify.
Rio Expects China Iron Ore Demand to Rise This Year
Iron – Rio Tinto, (NYSE:RIO, ASX:RIO, LSE:RIO) a major producer of iron ore, said it expects Chinese demand for the steelmaking commodity to rise this year, Reuters reported.
AIM Exchange Round-Up: AIM Hits 717.83 May 10
The Alternative Investment Market (AIM) in London was up 0.86 points May 10, hitting 717.83, according to Money AM.
Carlyle Group Seeking Rio’s Stake in Northparkes Copper Mine
Copper – Mineweb reported that private U.S. equity firm Carlyle is bidding for Rio Tinto's 80 percent interest in the Australian Northparkes copper mine.
Gold Stocks Rebound on Widening Chinese Trade Surplus
Gold – Gold companies enjoyed a lift from gold price gains on Wednesday, although some of that was given up Thursday with the release of positive US employment data.
Rio Tinto Looks to Start Exports from Oyu Tolgoi
Copper – Rio Tinto could be a few short weeks away from exporting metal from the Oyu Tolgoi mine in Mongolia.
Rio Tinto Hopes to Ship Copper From Oyu Tolgoi Soon to Offset Bingham Canyon Lag
Copper – Reuters reported that Rio Tinto is close to receiving approval from the Mongolian government to make copper shipments from their Oyu Tolgoi mine, which the company hopes to use to offset losses after a landslide at their Bingham Canyon mine.
