Copper – Reuters reported that Rio Tinto is looking for final bids to take its majority stake in the Northparkes copper mine in Australia.
Articles Tagged "rio tinto"
Iron – Rio Tinto has drawn up a shortlist of half a dozen buyers of its majority stake in Iron Ore Company of Canada (IOC), Canada's largest iron ore producer, reported Mining Weekly.
Diamond – Bloomberg reported that, according to an unidentified person familiar with the matter, Rio Tinto plc (ASX:RIO,LSE:RIO,NYSE:RIO) has hired Morgan Stanley (NYSE:MS) to oversee an initial public offering of its gem unit after interested buyers have failed to step forward.
Copper – Mining Weekly reported that Rio Tinto intends to start production at its La Granja copper project by 2017.
Copper – NASDAQ reported that Rio Tinto has cut 100 jobs at its Kennecott mine in the wake of last month's landslide as it scrambles to reduce operating costs.
Uranium – Uranium prices have fallen slightly, but the outlook remains bright.
Copper mining has been taking place in Africa for thousands of years and still occurs today. Here's a look at three companies that are currently mining the red metal on the continent.
Shares increased in Australia by 0.3 percent as firms exposed to the US market benefited from a declining Australian dollar.
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.
Uranium – Uranium Investing News had a chance to talk to CEO Dev Randhawa about the company and the uranium market.