Uranium – Bloomberg reported Rio Tinto's (ASX:RIO) Rossing uranium mine declined in output 41 percent compared to last year.
Articles Tagged "rio tinto plc"
Gold – Newmont Mining Corp said on January 5 it would pay more than $2 billion in taxes over the life of its proposed Conga mine inPeru after violent protests by residents and local politicians in the Cajamarca region -- where the operation is located -- since November. The protestors claim the Colorado gold miner’s activities will taint their water and affect a major aquifer.
Uranium – Extract Resources Limited was offered $2.2 billion for its Husab uranium project in Namibia, by China Guangdong Nuclear Power Corp (CGNPC). The offer is conditional on the success of an additional proposal to acquire Kalahari Minerals.
Uranium – Gold futures rallied Monday, tracking the global equity markets, as record Black Friday sales and evidence that European leaders would come up with a plan to curb the Eurozone’s debt crisis boosted investor sentiment.
Uranium – Uranium giant Cameco Corp raised its hostile takeover offer for Athabasca Basin uranium junior Hathor Exploration with an increased all-cash offer of $625 million, or $4.50 per share.
Diamond – Bloomberg reported Rio Tinto Plc (NYSE:RIO,LON:RIO,PINK:RTPPF)’s Murowa diamond mine has been eclipsed as by private company Mbada Mines Ltd.
Iron – MarketWatch reports that Rio Tinto PLC (NYSE:RIO,LON:RIO) says the demand for iron ore continues despite lowering spot prices.
Iron – Market Watch reports Rio Tinto PLC (NYSE:RIO) is on track to produce more than 240 million metric tons of iron ore this year.
Iron Investing News reports Rio Tinto’s new attempts securing its supply of iron ore. The head of Rio Tinto PLC is trying to repair his company’s troubled relationship with China following the arrest of four Rio executives in a corporate espionage scandal and the collapse of a US$19.5-billion investment deal with a state-backed Chinese mining [...]
Aluminum Investing News reports an increase in aluminum price on Monday. Aluminum’s gain was welcome after prices sunk during the previous week. Aluminum has taken its steepest price decent on record this year, a trend witnessed in many metals including copper, nickel and platinum. Battered aluminum prices are directly affecting the companies who produce the [...]