Rio Tinto News
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Saturday | The Northern Miner
Champion Iron Mines brought its Consolidated Fire Lake North project in the Labrador Trough to the prefeasibility stage and Mamba Minerals believes it has what it takes to advance the iron ore project all the way to production with the expertise of Mamba's managing director, Michael O'Keeffe.
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Rio Tinto is planning to invest US$2.7 billion to complete the modernization of its aluminium smelter in Kitimat, B.C., while the company is cutting back on capital spending at projects around the world.
Joining forces: From left, Professor Sam Kingman, associate dean for research, and research director of the Rio Tinto Centre for Emergent Technologies; Professor Chris Rudd, pro-vice chancellor for external engagement ; John McGagh, head of innovation ; and Preston Chiaro, group executive, technology and innovation .
's executive team laid out a clear plan for the continued resurrection of the world's second-largest miner.
's stock had its "buy" rating reaffirmed by equities researchers at Bank of America Corp. in a research report issued on Tuesday, ARN reports.
Deep investment cuts by several global mining companies might be a canary in the coal mines for the world's economy in 2014.
A miner holds a lump of iron ore at a mine located in the Pilbara region of Western Australia December 2, 2013.
Rio Tinto PLC unveiled plans for a marked cut in spending over the next couple of years, part of efforts to reduce the debt it accumulated in a massive expansion of its global mining operations.
Rio Tinto said on Tuesday the global miner expects to halve capital spending to $8 billion by 2015 from last year's level to cut debt, as commodities' prices remain fragile.
Rio Tinto Group , the world's second-biggest mining company, will cut capital spending to about $8 billion in 2015, less than half of outlays last year, as mineral producers conserve cash after prices fell.
The NT News speaks to Nhulunbuy residents about what Rio Tinto's decision on the NT Government's Gas to Gove deal means for the future... THE last of Rio Tinto's 1000-plus aluminium refinery workers at Nhulunbuy will clock off for the final time in August next year.
's stock had its "overweight" rating reaffirmed by investment analysts at JPMorgan Chase & Co.
's stock had its "conviction sell" rating reiterated by equities researchers at Goldman Sachs Group Inc. in a research report issued on Friday, Analyst Ratings News reports.