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Alcoa Off to the Earnings Races
The first of the major companies to report earnings offered up results that were anything but stellar Tuesday.
Rio ore on schedule despite strike
Rio Tinto saysa strike today by some train drivers has had no effect yet on deliveries from iron ore mines in Western Australia.
BHP, Rio insist resources will prosper
AUSTRALIA'S two biggest export earners, BHP Billiton and Rio Tinto, remain convinced that the secular shift in the global resources business will survive what the International Monetary Fund is now describing ...
Rio pushes spot iron-ore prices despite slump
Global iron-ore supplier Rio Tinto will continue to sell ore into spot markets despite a dramatic drop in prices, a company spokesman said, reflecting a resolve to overhaul the way big miners sell ore.
Chinese Steelmills Slow Iron Ore Demand, Seek Sales Delay, Mt. Gibson Says
Steel mills in China, the world's biggest makers, are reducing demand for iron ore and asking miners to postpone deliveries because of tightening credit facilities, said Mt.
Michael Evans also figures a bird in the hand is worth two in the bush. IT'S important in these times of market uncertainty to have realistic expectations.
Corporate Social Responsibility News
Rio Tinto says innovation to help with climate
Industrial innovation and a price on carbon emissions are needed to help mining firms on a long haul towards controlling climate change, Rio Tinto chief executive Tom Albanese said on Monday.
BHP-Rio deal fees would top $5 billion
BHP Billiton's proposed $122 billion takeover of a reluctant Rio Tinto is as expensive as they come in terms of direct fees and expenses, with BHP estimating the cost at $US3.62 billion .
Pilbara train drivers to strike
STRIKE action is set to interrupt Rio Tinto's Pilbara operations this week for the first time in 16 years, as Australian Workplace Agreements expire.
Alcan Packaging acquires pharmaceutical flexible packaging facility in India
PARIS, Oct. 6 Alcan-Acquisit-India PARIS , Oct. 6 /PRNewswire-FirstCall/ - Alcan Global Pharmaceutical Packaging - a division of Alcan Packaging, a business unit of Rio Tinto Alcan - has acquired the Chakan ...
A TOP adviser to the Chinese Government has warned a $132 billion hostile takeover of Rio Tinto by global mining giant BHP Billiton would be harmful to China and unfair to the global economy.
Australian Broadcasting Corporation
Financial crisis 'didn't hurt' Rio takeover bid
The head of Rio Tinto says the current global financial crisis does not affect its rejection of BHP Billiton's takeover offer.
WELLS Fargo announced a $US15.1 billion bid for troubled banking rival Wachovia on Friday in an attempt to outflank Citigroup and its US Government-backed rescue plan.
Road Looks Smoother For BHP's Rio Bid
The signs are favorable for BHP Billiton , as Australia gave its regulatory approval to the mining giant's hostile bid for rival Rio Tinto .
BHP's $101 Billion Bid for Rio Given Clearance From Australia's Regulator
BHP Billiton Ltd. won approval from Australia's competition regulator for its $101 billion hostile bid for Rio Tinto Group after easing the watchdog's concerns the combination would influence world iron-ore ...
Rio expects iron-ore prices to pick up
Rio Tinto Group, battling a $101 billion takeover bid from BHP Billiton , expects higher than average metal prices next year, supported by demand from China.
13:26] ( ... )- ' ' s Y - Y -PRNewswire- Rio Tinto Alcan...
' ' s Y © - Y -PRNewswire- Rio Tinto Alcan Successfully Completes Rehabilitation of Pramont Industrial Residue Disposal Site Rio Tinto Alcan Successfully Completes Rehabilitation of Pramont Industrial ...
Australian regulator clears BHP bid for Rio Tinto
MELBOURNE : The Australian competition regulatory agency cleared BHP Billiton's proposed $114 billion bid for Rio Tinto on Wednesday, saying that the merger would be unlikely to significantly harm competition.
Rio Tinto Alcan successfully completes rehabilitation of Pramont industrial residue disposal site
Rio Tinto Alcan has successfully completed its rehabilitation of the Pramont industrial residue disposal site in the Valais region, which is now integrated into a regional framework for environmental protection ...
Is Alcoa an Opportunity You're Missing?
Unfortunately, not long after a massive bailout plan seemed assured as an elixir for our financial system, the market quickly returned to being drubbed yet again.