Rio Tinto
Rio Tinto’s former CEO faces fraud charges in African coal mine deal
18 Oct 2017
US authorities have filed fraud charges against Rio Tinto and former executives Tom Albanese and Guy Elliot over the 2014 sale of the company’s African coal assets for $50 million, three years after its $3.7 billion acquisition
Rio Tinto’s H1 profit more than doubles to $3.94 bn
02 Aug 2017
The Ango-Australian mining giant rewarded shareholders with a bumper dividend totalling $2 billion and an additional share buyback of $500 million, taking total payout to $2.5 billion
Rio Tinto approves $5.3 bn Oyu Tolgoi mine expansion in Mongolia
09 May 2016
The Oyu Tolgoi copper and gold mine in Mongolia's Gobi desert is thought to be one of the world's largest untapped copper and gold deposits
Rio Tinto close to securing $4-bn for Mongolian copper project
14 Dec 2015
A group of 15 global banks have agreed to fund Anglo-Australian mining giant Rio Tinto's prolific OyuTolgoi copper and gold project in Mongolia
Rio Tinto sees India, SE Asia to drive steel growth
05 Nov 2015
Global mining giant Rio Tinto Plc is looking to emerging markets in India and South East Asia for long-term demand for iron ore, the company’s iron ore head Andrew Harding said on Thursday morning
Rio Tinto exits Zimbabwe selling off diamond and coal assets
29 Jun 2015
Anglo-Australian mining giant Rio Tinto Plc has sold its entire stake in Zimbabwe diamond and coal mines to local mining groups, to focus on its core diamond operations elsewhere
Rio Tinto nears $6-bn deal with Mongolia on Oyu Tolgoi copper mine
07 Apr 2015
Oyu Tolgoi, one of the world’s largest copper-gold deposits, has the potential to generate a third of Mongolia’s GDP when it reaches full production in 2021, according to the International Monetary Fund’s estimate
Rio Tinto to cut 1,500 jobs amidst price slump
27 Mar 2015
It is expected that the bulk of the job cuts will come from Western Australia, where the company’s iron ore operations are concentrated
Vedanta appoints former Rio Tinto chief Tom Albanese as CEO
06 Mar 2014
Vedanta Resources stock rose to its highest level in two weeks after the company appointed former Rio Tinto chief as its CEO
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