Rio Tinto Uranium Mine Production Drops
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"
Newmont to Pay $2 Billion in Taxes For Peru’s Conga Mine After Protests
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.
CGNPC Offers $2.2 billion for Extract Resources’ Husab Uranium Project in Namibia
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.
Cameco Offer for Uranium Junior Hathor Exploration to Lapse
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.
Cameco Increases Hathor Offer to $625 million
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.
Rio Tinto’s Murowa Eclipsed by Mbada as Zimbabwe’s Biggest Diamond Miner
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.
Rio Tinto: Demand for Australian Iron Ore Strong
Iron – MarketWatch reports that Rio Tinto PLC (NYSE:RIO,LON:RIO) says the demand for iron ore continues despite lowering spot prices.
Rio Tinto Expects Over 240M Tons Iron Ore in 2011
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.
Rio Tinto’s New Attempts
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 [...]
Will infrastructure spending rebound aluminum?
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 [...]
