Diamond – Bloomberg reported that Rio Tinto Group plans to sell individual mines of its $2.2B diamond business as a means to lift shareholder value.
Articles Tagged "rio tinto group"
Diamond – Here's a look back at what happened in the diamond market in 2012.
Diamond – Bloomberg reported Rio Tinto Group (NYSE:RIO) said its plan to sell diamond assets is “well advanced."
Iron – Bloomberg reported Rio Tinto Group (ASX:RIO) said it’s advancing a study into developing an Indian iron ore mine as demand for steel in the country grows.
Iron – Bloomberg reported Rio Tinto Group (ASX:RIO) and partners approved a $3.4 billion expansion of its iron ore operations in Western Australia.
Coal – While 2011 was not as radiant as its long term coal projections, both thermal and coking coal markets saw consistent production and consumption growth.
Uranium – Reuters reported Cameco Corp (TSX:CCO,NYSE:CCJ) has backed out of a bidding war for Hathor (TSX:HAT).
Uranium – Bloomberg reported Rio Tinto Group (NYSE:RIO) received clearance from the Canadian Competition Bureau to buy uranium miner Hathor Exploration Ltd. (TSX:HAT).
Coal – Various natural disasters, coupled with continued demand growth from emerging markets, have supported strong prices of both thermal and metallurgical coal markets in 2011, but expect prices to slide in Q4.
Diamond – Bloomberg reports Rio Tinto Group (LON:RIO,PINK:RTPPF) has partial approval from the Zimbabwean government to increase black citizens ownership of a diamond mine.