Tag: Rio Tinto

• Thursday, May 28th 2020 - 07:30 UTC

  Mining giant Rio Tinto admits blowing up ancient Australian aboriginal rock shelters

  

  Anglo-Australian mining giant Rio Tinto has admitted damaging ancient Aboriginal rock shelters in the remote Pilbara region in Australia, blasting near the 46,000-year-old heritage site to expand an iron ore mine.

• Friday, September 20th 2019 - 08:35 UTC

  UK biggest foreign investor in Peru, underlines Ambassador Harrisson

  

  Britain's Ambassador to Peru Kate Harrisson Thursday highlighted that the United Kingdom is currently the biggest foreign investor in the Andean country, thanks to the sizeable mining projects currently under way.

• Wednesday, March 12th 2014 - 09:13 UTC

  Mining companies shares down hit by a slump in the price of iron ore

  

  Shares in some of the world's biggest mining companies have been hit by a slump in the price of iron ore, amid fears of a slowdown in China's economy. Iron ore delivered into China fell 8.3% on Monday after Beijing reported weak export data over the weekend.

• Thursday, February 28th 2013 - 23:59 UTC

  Brazilian market suffers the impact of iron-ore producer Vale record loss in fourth quarter

  

  Brazil’s Bovespa-index futures declined with the equity gauge poised for its biggest monthly drop since May, after iron-ore producer Vale SA posted a record loss in the fourth quarter.

• Tuesday, January 31st 2012 - 23:51 UTC

  China bars Brazil’s bulk carriers from its ports; clash over iron ore shipping rates

  

  China banned a giant new class of ship from its ports on Tuesday, a move that checks efforts by mining giant Vale SA to cut the cost of shipping iron ore to its largest market and risks raising trade tensions with Brazil.

• Monday, July 25th 2011 - 21:01 UTC

  China determined to break the grip of the three major global iron ore miners

  

  China, the world's largest steelmaker and iron ore consumer, has set a target of dramatically increasing ore imports from Chinese-invested resources in the steel industry's 12th Five-Year Plan (2011-2015), an industry official said.

• Friday, July 22nd 2011 - 15:53 UTC

  Confirmed: Copper for another century at Chile’s main Escondida mine

  

  The giant miner BHP Billiton announced this week a 129% increase in the mineral resource at and around Chile’s Escondida, the world's biggest copper mine.

• Friday, February 25th 2011 - 06:20 UTC

  Record profits for world’s largest iron ore producer on China’s insatiable demand

  

  Brazilian mining giant and the world’s largest iron- ore producer Vale SA said its fourth-quarter profit almost quadrupled, because of surging prices for the raw material used to make steel.

• Wednesday, February 16th 2011 - 22:30 UTC

  World’s largest mining company fearful of espionage from China and competitors

  

  Anglo Australian mining giant BHP Billiton chief executive Marius Kloppers confirmed reports that he is fearful of espionage from China, competitors like Rio Tinto and the Australian government, saying it is one reason why he lobbied furiously for short-term pricing of key commodities.