Mining: Rio Hedges Bets?
A mixed bag of comment from Rio Tinto in its second quarter and first half production report issued yesterday.
Read MoreA mixed bag of comment from Rio Tinto in its second quarter and first half production report issued yesterday.
Read MoreRio Tinto has moved to cement its control of Ivanhoe Mines of Canada and the huge Oyu Tolgoi copper and gold project in Mongolia.
Read MoreRio Tinto has stepped up its attacks against the proposed new Federal mining tax.
Read MoreAustralia’s major coal miners have found their supposed fears about the proposed resources profit tax no barrier to trying to increase their hold on the Queensland coal transport system.
Read MoreRio Tinto has slightly raised its production guidance for iron ore after posting a 39% jump in first-quarter output, thanks mostly to Chinese demand and recovery in other markets in Asia.
Read MoreA year ago the 2008 annual report of Rio Tinto was full of qualified optimism, the Chinalco shareholding, commodity prices being low, and the uncertain outlook as the global recession and credit crunch battered confidence and the company.
Read MoreRio Tinto, the world’s third- largest mining company, will spend $C245 million to increase its holding in Ivanhoe Mines Ltd., its partner in the Oyu Tolgoi project in Mongolia.
Read MoreRio Tinto’s 33% rise in 2009 earnings was well anticipated by the market.
Read MoreFor big mining companies like Rio Tinto and BHP Billiton, the future lifeblood is a combination of their exploration and corporate work: finding things on their own, being approached by other companies with deals, or doing acquisitions.
Read MoreRio Tinto has signed a joint venture agreement with Chilean firm CODELCO for copper exploration in Chile.
Read MoreJudging by the stockmarket treatment of Rio Tino and BHP shares yesterday, both are trading ex the proposed BHP takeover of around $US150 billion worth of paper.
Read MoreRio Tinto continued to impress the markets with its performance, hitting a record on its output.
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