Tag: RIO
Could this be as good as it gets for Australian iron ore?
At the moment Australia’s big iron ore miners are riding high as strong Chinese demand continues to keep prices high and profit margins very strong.
However, there are signs that the iron ore boom ...
Coppertunities: how to play the red metal as a serious shortage looms in the Biden era
While investor interest in ‘battery metals’ has focused on lithium and graphite, copper has been the quiet achiever in terms of its role in the renewable energy revolution.
But with the copper pric...
Sipa Resources signs farm-in agreement with Rio Tinto Exploration over Paterson North copper-gold project
Minerals explorer Sipa Resources (ASX: SRI) has signed a farm-in and joint venture agreement with Rio Tinto Exploration (RTX), a subsidiary of mining giant Rio Tinto (ASX: RIO), whereby RTX can earn a...
Rio Tinto destroys ancient Aboriginal site as part of iron ore mine expansion
Traditional owners in Western Australia’s Pilbara region have been left reeling after mining giant Rio Tinto (ASX: RIO) legally destroyed one of the country’s oldest known Aboriginal heritage sites as...
Rio Tinto experiences recovering demand in China for iron ore product
While the outlook for the rest of the world remains “uncertain”, Rio Tinto (ASX: RIO) claims demand for its iron ore product in China remained strong in the March 2020 quarter, despite the impact of C...
Antipa Minerals moves to next stage of farm-in agreement with Rio Tinto at Citadel copper-gold project
Junior explorer Antipa Minerals (ASX: AZY) has confirmed that joint venture partner Rio Tinto Exploration (ASX: RIO) will proceed with the next stage of its phased earn-in to the Citadel copper-gold p...
Monadelphous-Lycopodium JV wins $400m Rio Tinto contract
Iron ore mining giant Rio Tinto (ASX: RIO) has awarded a major engineering, procurement and construction (EPC) contract worth $400 million to a Western Australian joint venture between Monadelphous (A...
BHP announces plans for driverless trucks at Goonyella Riverside coal operations in 2020
Australia’s largest coal producer BHP Group (ASX: BHP) has announced it will automate 300 jobs in Queensland’s Bowen Basin following the conversion of 86 Komatsu trucks to autonomous haulers next year...
Rio Tinto to farm into Carawine Resources’ high-priority copper-gold targets in Paterson Province
Rio Tinto (ASX: RIO) has scooped up more ground in Western Australia’s Paterson Province after it agreed to a $6 million farm-in deal with Carawine Resources (ASX: CWX).
Via its wholly-owned subsid...
China eyes Oakajee revival on strong iron ore prices
As iron ore dips from its highest price in five years, China’s Sinosteel has snapped up Mitsubishi’s stake in the stalled $10 billion Oakajee port and rail project set to link up iron ore mines in Wes...
Rio Tinto confirms major copper discovery at Paterson Province, juniors scramble to peg ground
Mining giant Rio Tinto (ASX: RIO) has put to rest industry speculation surrounding a potential new discovery, with confirmation this morning of a significant copper-gold find at the Winu project in th...
Copper price heads up on easing trade tensions and eroding inventories
As a trade resolution between China and the US finally becomes a possibility, eroding copper stockpiles have begun to bump the metal’s price back up.
Earlier this week, US President Donald Trump an...
De.mem kicks off 2019 with water treatment contract for Rio Tinto
Water and wastewater treatment company De.mem (ASX: DEM) has added to its order book after clinching a year-long operations and maintenance contract with Rio Tinto (ASX: RIO).
The new contract will...
WestStar Industrial subsidiary awarded $4.5m Rio Tinto contract
Construction conglomerate WestStar Industrial (ASX: WSI) is continuing its project winning streak, announcing its wholly-owned subsidiary SIMPEC has been awarded a new $4.5 million contract with minin...
Largest known diamond in North America discovered by Rio Tinto joint venture partner
Dominion Diamond Mines has unearthed the largest diamond ever discovered in North America from the Rio Tinto (ASX: RIO) operated Diavik diamond mine, with the gem surpassing a previous record held at ...
BHP pulls ahead of rival Rio Tinto with a major copper find near Olympic Dam
The copper race is on between long-time rivals BHP (ASX: BHP) and Rio Tinto (ASX: RIO), with BHP announcing it had pulled out of the ground what some experts call the thickest high-grade copper inters...
‘World-class’ copper-gold intersection uncovered at Paterson Province, Rio Tinto ups exploration ante in the Pilbara
Greatland Gold (AIM: GGP) has added some kindling to the copper-gold rumours in Western Australia’s Paterson Province after it struck a “world-class” 275m thick intersection at its wholly-owned Havier...
Rio Tinto copper find rumours spread as mining giant backs share price with $2.8b off-market buy-back
It’s been 12 months since rumours began swirling over Rio Tinto’s (ASX: RIO) alleged copper discovery in Western Australia’s Pilbara, with recent satellite images revealing a hub of activity at the si...
BHP and Rio Tinto start to pull their weight
Australia’s share market is dominated by two ends of the same barbell.
On one end are the big four banks and on the other end are the big mining powerhouses of BHP (ASX: BHP) and Rio Tinto (ASX: R...
