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547 Resources for

rio tinto

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Mining industry suffers amid drop in spending
DENVER - Withering cost cuts across the mining industry have left tens of thousands of people without jobs from the Arizona desert to the Andes - and there is a litany of evidence that the situation is growing worse. International mining companies also have postponed or canceled projects...
Tags: Glencore International AG, Rio Tinto
Research articles 2009-01-21
Premier Farnell making all the right moves
Investment Column Our view: Hold Share price: 132.75p (-3p) Leeds-based Premier Farnell makes its money by shipping parts to businesses around the world at short notice. These range from electronic components sent to PC support dep-artments to industrial parts for engineers. As business...
Tags: Premier Farnell Plc., Rio Tinto
Research articles 2008-12-12
Rio Tinto to lay off 14,000 worldwide
COPPERTON -- Mining goliath Rio Tinto Group, parent company of Kennecott Utah Copper, said Wednesday that it plans to reduce its net debt by $10 billion by the end of 2009 and cut 14,000 jobs worldwide. "We will have to identify some jobs for reductions. There will be...
Tags: BHP Billiton, Kennecott Utah Copper Corp., Rio Tinto
Research articles 2008-12-11
Friends Provident proves popular on bid talk
Market Report FRIENDS PROVIDENT was strong last night amid talk of possible bid interest from Resolution, Clive Cowdery's investment vehicle that it is due to list on the London market next week. Citing reports of heavy institutional interest in the IPO, traders speculated that Resolution might secure...
Tags: Friends Provident Plc., Rio Tinto
Research articles 2008-12-05
MINERS' MERGER MANIA
Such are the rewards offered by the global commodities boom that miners will pay almost any price to acquire their rivals. Cliff Feltham reports on yet more consolidation in the sector Few expect the platinum producer Lonmin to escape the clutches of Xstrata, which last week stormed...
Tags: BHP Billiton, Lonmin Plc., Rio Tinto
Research articles 2008-08-12
BHP in deal with China to raise iron ore price
BHP Billiton has almost doubled the price it charges for iron ore, after a deal brokered with Chinese steel producers following lengthy and sometimes bitter negotiations. Chinese State officials said yesterday that they had agreed to a 96.5 per cent increase in iron ore prices charged by the...
Tags: Australian Stock Exchange Ltd., BHP Billiton, Rio Tinto
Research articles 2008-07-05
Eskom Grilled as Rio Tinto's South African Smelter Project Stalled, an Industrial Info News Alert
Reported by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas) -- At the end of May, a few days before the conclusion of the public hearings held by the National Energy Regulator of South Africa Nersa on state power utility Eskom's Johannesburg application ...
Tags: Eskom, Rio Tinto
Research articles 2008-06-03
London
WORLD MARKETS The FTSE 100 slid 1.5 per cent to end its worst week since early February as miners and oil shares weighed, though Cable & Wireless rose on upbeat broker views. The blue-chip gauge closed down 94.3 points at 6,087.3, for a weekly loss of 3.4 per...
Tags: BHP Billiton, Cable & Wireless Plc., Rio Tinto
Research articles 2008-05-24
London
WORLD MARKETS The FTSE 100 closed 2.9 per cent lower - down 184.9 points at 6,191.6 - for its biggest one-day fall since mid-March, as investors dumped overheated mining stocks. Antofagasta, BHP Billiton, Rio Tinto, Anglo American, Xstrata, Vedanta Resources, Kazakhmys, Lonmin and ENRC lost between 4.5 and...
Tags: Antofagasta Plc., BHP Billiton, Lonmin Plc., Rio Tinto, Xstrata Plc.
Research articles 2008-05-21
LEAD: Brazil's Vale to enhance presence in Asia to vie with BHP, Rio Tinto
TOKYO, May 14 Kyodo (EDS: ADDING DETAILS) Vale, the world's biggest iron ore producer, will enhance its presence in Japan and other Asian countries by improving logistics to vie with its key rivals BHP Billiton Ltd. and Rio Tinto Ltd., Vale Chief Executive Officer Roger...
Tags: BHP Billiton Ltd., Rio Tinto
Research articles 2008-05-19
Rio Tinto Announces a Resource Increase of 628 Million Tonnes at Kennecott Utah Copper
LONDON -- Rio Tinto has further strengthened its global copper resources with the upgrade of mineral resources to 637 million tonnes at 0.48 per cent copper at its wholly owned Kennecott Utah Copper Bingham Canyon Mine. The resource is located beneath the current Bingham Canyon pit, and is currently under...
Tags: Kennecott Utah Copper Corp., Rio Tinto
Research articles 2008-05-16
Zacks Analyst Blog Highlights: BHP Billiton, Rio Tinto, D.R. Horton, Inspire Pharmaceuticals and Allergan Pharmaceuticals
CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: BHP Billiton Ltd. (NYSE: BHP), Rio Tinto (NYSE: RTP), D.R. Horton,...
Tags: Allergan Inc., BHP Billiton, D.R. Horton Inc., New York Stock Exchange, Rio Tinto
Research articles 2008-05-14
London
WORLD MARKETS The FTSE 100 fell 0.5 per cent as growth concerns hit commodity shares, but beaten-down banks recovered earlier losses. The index declined 32.9 to 6,050.7, after earlier falling 2.2 per cent. BHP Billiton, Rio Tinto, Anglo American, Eurasian Natural Resources, Xstrata, Antofagasta and Lonmin were down...
Tags: Antofagasta Plc., BHP Billiton, Lonmin Plc., Rio Tinto, Xstrata Plc.
Research articles 2008-04-25
London
WORLD MARKETS The FTSE 100 ended up sharply, powered by miners that were led higher by takeover target Kazakhmys, which rose 16 per cent. The blue-chip index closed up 86 at 5,776.4, shrugging off Alistair Darling's first Budget. BHP Billiton, Rio Tinto, Anglo American, Xstrata, Lonmin and Vedanta...
Tags: BHP Billiton, Lonmin Plc., Rio Tinto, Xstrata Plc.
Research articles 2008-03-13
Selloff: Rio Tinto Sheds Mining Properties as it Fights Billiton's Takeover Bid
Within the space of three weeks in February, two well-known precious metals producers announced that they were buying out their long-term partner in gold- and silver-mining operations in deals that ranged from $750 million to almost $1.7 billion in value. The selling partner in both cases was Rio Tinto, which...
Tags: Barrick Gold Corp., BHP Billiton, Hecla Mining Co., Rio Tinto
Research articles 2008-03-01
Agnico-Eagle Gold Reserves Grow by 33% to Record 16.7M Oz
Agnico-Eagle Mines reported that as of December 31, 2007, its proven and probable gold reserves hit a record of 16.7 million oz, an increase of 33% over the year end 2006 level. The company said the strong growth in gold reserves of 4.5 million oz-prior to considering 2007 gold production-resulted...
Tags: Kinross Gold Corp., Rio Tinto
Research articles 2008-03-01
Mill Expansion Okayed for Iamgold's Rosebel Gold Mine
Iamgold Corp. reported that its board of directors' has approved an $18.4-million budget for mill expansion at the Rosebel gold mine in Suriname. Iamgold acquired the Rosebel operation in 2006 through its merger with Cambior. According to the company, the expansion allows for an increase in the annual life of...
Tags: IAMGOLD Corp., Rio Tinto
Research articles 2008-03-01
Kennecott Utah Copper's 2007 production soared
Kennecott Utah Copper's KUC Bingham Canyon Mine was the top producing mine in the Rio Tinto Group for 2007, having the highest net earnings in the company, with $1.6 billion. KUC, which meets approximately 13 percent of the copper needs in the United Slates, increased its copper production in 2007...
Tags: Kennecott Utah Copper Corp., Rio Tinto
Research articles 2008-02-25
Alcoa hasn't outlined strategy for Rio Tinto
Rio Tinto Group Chief Executive Officer Tom Albanese has said he doesn't know why Alcoa Inc. invested $1.2 billion in a venture to buy 9 percent of Rio after the two companies failed to hold talks on the deal. Aluminum Corp. of China and Alcoa bought a $14...
Tags: Alcoa Inc., BHP Billiton Ltd., Chinalco, Rio Tinto
Research articles 2008-02-25
London
WORLD MARKETS The FTSE 100 fell 0.7 per cent to 5,888.5 as miners weighed, but Lloyds TSB rose on higher dividends and lifted smaller rival Alliance & Leicester. Miners were the biggest drag, tracking weaker base metal prices. BHP Billiton, Rio Tinto, Anglo American, Vedanta Resources and Antofagasta...
Tags: Alliance & Leicester Plc., Antofagasta Plc., BHP Billiton, Rio Tinto
Research articles 2008-02-23
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