Rio Tinto May Sell Diamond Mines Individually to Boost Shareholder Value
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"
Weakness and Caution: The Diamond Market in 2012
Diamond – Here's a look back at what happened in the diamond market in 2012.
Rio Tinto Group Plans To Sell Diamond Assets
Diamond – Bloomberg reported Rio Tinto Group (NYSE:RIO) said its plan to sell diamond assets is “well advanced."
Rio Tinto Developing Iron Ore Mine
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.
Rio Tinto Approves $3.4 Billion Iron Ore Expansion
Iron – Bloomberg reported Rio Tinto Group (ASX:RIO) and partners approved a $3.4 billion expansion of its iron ore operations in Western Australia.
2011 Coal Market Trends
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.
Cameco Clears way for Rio’s Hathor Deal
Uranium – Reuters reported Cameco Corp (TSX:CCO,NYSE:CCJ) has backed out of a bidding war for Hathor (TSX:HAT).
Rio Gets Canadian Bureau Clearance for Hathor Takeover Bid
Uranium – Bloomberg reported Rio Tinto Group (NYSE:RIO) received clearance from the Canadian Competition Bureau to buy uranium miner Hathor Exploration Ltd. (TSX:HAT).
2011 Coal Trends and Q4 Outlook
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.
Rio Tinto Says Zimbabwe Partly Approved Mine Indigenization Plan
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.
