Copper – Copper prices took a fall after weak data emerged from China and the Eurozone.
Articles Tagged "rio tinto"
Iron – Now may be the time to take another look at iron ore companies as an investment, with many making major gains over the last 3 months.
Coal – Reuters reported that Rio Tinto plc (ASX:RIO,LSE:RIO,NYSE:RIO) will be selling its 50.1-percent stake in the Queensland-based Clermont thermal coal mine to Glencore Xstrata plc (LSE:GLEN) and Sumitomo Corp. (TSE:8053) for $1.015 billion in cash.
Uranium – A new trade agreement between Canada and the EU is akin to a "new day" for Canada's uranium industry.
Coal – Linc Energy Ltd. (ASX:LNC,OTCQX:LNCGY) announced that New Emerald Coal Ltd., its 100-percent-owned subsidiary, has entered into a sale and purchase agreement under which it will acquire the Blair Athol coal mine from BACJV, a joint venture between Rio Tinto Coal Australia, Leichhardt Coal Pty Ltd., JCD Australia Pty Ltd. and J-Power.
Iron – Iron ore has had a pretty good run this year, but the market is awaiting an onslaught of new product from Australia, Brazil and India, which is likely to push the price down.
Boron is a low-abundance, semi-metallic element used in a variety of industries including glass and agriculture.
Coal – The Wall Street Journal reported that talks regarding the sale of Rio Tinto plc's (ASX:RIO,LSE:RIO,NYSE:RIO) stake in the Queensland-based Clermont coal mine have stalled after bids from three different companies did not meet the mining giant's expectations.
Diamond – The Wall Street Journal's Scene Asia reported that Rio Tinto plc (ASX:RIO,LSE:RIO,NYSE:RIO) is on tour, showing the diamonds that will be included in its 30th annual Argyle Pink Diamonds Tender. The company expects the Argyle Phoenix, one of three "beyond rare" red diamonds being offered, to fetch the highest price.
Iron – The world's second-largest iron ore producer is ramping up production and lowering its costs, which could threaten smaller producers of the steelmaking commodity.