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Rio Tinto News

News on Rio Tinto (Ticker: RIO) continually updated from thousands of sources around the net.

Thursday | Stars and Stripes

Drones portend high-tech future for dangerous mines

Not quite. Still, a technology boom in robots, drones, driverless trucks and pilotless trains is beginning to reshape one of the world's most labor-intensive industries, portending automation of logistics, supply chains and mapping and allowing development of mines in regions once thought too dangerous or remote to exploit.

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Related Topix: Robots, Science / Technology, Mining, Amazon, Jeff Bezos, Australia, World News,

Wed Apr 16, 2014

AmericanBankingNews.com

Citigroup Inc. Lowers Rio Tinto plc Price Target to GBX 3,850

The firm currently has a "buy" rating on the stock. Citigroup Inc.'s price objective suggests a potential upside of 16.47% from the stock's previous close.

Comment?

Related Topix: Mining, Banking, Financial Services, Citigroup

MarketWatch

Fortescue iron-ore shipments jump

Fortescue Metals Group Ltd. said shipments from its Western Australia mines rose sharply last quarter as the company put the finishing touches to a major expansion of its iron-ore operations.

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Related Topix: Mining, BHP Billiton

Resource Investing News

Record First Quarter Iron Ore Output for Rio Tinto

Bloomberg reported that Rio Tinto has announced record iron ore production for the first quarter of 2014.

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Related Topix: Companhia Vale do Rio Doce, Mining

Tue Apr 15, 2014

Australian Broadcasting Corporation

Rio Tinto expects continuing market volatility

Rio Tinto's chairman expects financial market volatility to continue this year, warning the global economy is likely to face more challenges in 2014.

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Related Topix: Mining

Sydney Morning Herald

Rio chief tight-lipped on Ranger mine

Rio Tinto chief executive Sam Walsh has refused to guarantee that his company will cover the cost of rehabilitating the Ranger uranium mine near Kakadu, building on uncertainty that was created last month by the Rio subsidiary in charge of the mine.

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Related Topix: Mining

Nanaimo Daily News

Polar vortex lowers Iron Ore Company of Canada first quarter production

Rio Tinto says its global iron ore production reached a record for the first quarter as strong output in Australia more than offset weakness at the Iron Ore Company of Canada, which was hampered by extreme cold that swept North America.

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Related Topix: Companhia Vale do Rio Doce, Mining, Weather

The Age

Banks boost Rio Tinto expansion in Gobi

Banks supporting Rio Tinto's $US6 billion expansion of the Oyu Tolgoi mine in Mongolia look set to forgive ongoing delays to the project, with at least two major banks agreeing to extend their funding commitments.

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Related Topix: Mining, Australia, Oceania, World News

Yahoo!

Rio misses guidance but bullish for 2014

Rio Tinto has kicked off 2014 by missing expectations for iron ore output, but has stuck to its full year guidance.

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Related Topix: Mining

Live Charts

Rio Tinto delivers record first quarter for iron ore output

Mining group Rio Tinto said it started the new financial year strongly with record first-quarter iron ore production and shipments, though production eased when compared with the end of last year.

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Related Topix: Mining

Mon Apr 14, 2014

Bangkok Post

Rio Tinto first-quarter iron ore output...

Anglo-Australian mining giant Rio Tinto posted a fall in first-quarter iron ore production on Tuesday, blaming bad weather over western Australia.

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Related Topix: Mining, Weather

AmericanBankingNews.com

Rio Tinto plc Receives "Buy" Rating from Canaccord Genuity

's stock had its "buy" rating restated by stock analysts at Canaccord Genuity in a report issued on Monday, StockRatingsNetwork.com reports.

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Related Topix: Companhia Vale do Rio Doce, Mining

Sun Apr 13, 2014

MarketWatch

Glencore sells mine to Chinese group for $5.8 bln

GlencoreXstrata PLC said Sunday it agreed to sell the mining company's Las Bambas Peruvian copper project to a Chinese consortium in an all-cash deal worth at least $5.8 billion.

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Related Topix: Mining

Live Charts

Sunday newspaper round-up: Lloyds Banking, Rio Tinto, Tesco

Lloyds Banking Group is planning to begin the sale of its TSB division in mid-May despite recent market ructions, the Sunday Telegraph said.

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Related Topix: Mining

Fri Apr 11, 2014

BayStreet.ca

Western Potash Conquered Rio Tinto's World-Class Potash Territory

VANCOUVER, BC / ACCESSWIRE / April 11, 2014 Western Potash Corp. just confirmed by news release that it indeed owns a significant portion of the world-class KP405 potash deposit, which is jointly operated by Rio Tinto Plc and North AtlanticPotash Inc. in Saskatchewan.

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Related Topix: Mining

Thu Apr 10, 2014

The New Zealand Herald

Robots set to work the mines of the future

Not quite. Still, a technology boom in robots, drones, driverless trucks and unmanned trains is beginning to reshape one of the world's most labour-intensive industries, allowing development of mines in regions once thought too dangerous or remote to exploit.

Comment?

Related Topix: Robots, Science / Technology, Mining, Amazon, Jeff Bezos

Wed Apr 09, 2014

AmericanBankingNews.com

RBC Capital Reiterates Outperform Rating for Rio Tinto plc

's stock had its "outperform" rating reiterated by equities researchers at RBC Capital in a research report issued on Wednesday, American Banking News.com reports.

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Related Topix: Mining, Brazil, World News

Tue Apr 08, 2014

The Motley Fool

Rio Tinto plc Gifts Away Its Pebble Mine Stake

Pebble is the single largest undeveloped copper-gold-molybdenum deposit in the world, with the potential to produce as much as 55 billion pounds of copper, 67 million ounces of gold, and 3.3 billion pounds of molybdenum over its near-80-year life.

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Related Topix: Mining, Environmental Law, Law, U.S. Environmental Protection Agency

AmericanBankingNews.com

Investec Lowers Rio Tinto plc Price Target to GBX 3,645

The firm currently has a "buy" rating on the stock. Investec's price objective suggests a potential upside of 9.02% from the stock's previous close.

Comment?

Related Topix: Companhia Vale do Rio Doce, Mining

Mon Apr 07, 2014

Wall Street Journal

Rio Tinto Exits Alaskan Project

Mining titan Rio Tinto PLC said Monday it has withdrawn its investment in one of the world's largest copper deposits by gifting its minority stake in Northern Dynasty Ltd., the developer of the huge Alaskan Pebble copper and gold project, to two Alaskan charities.

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Related Topix: Mining

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