Rio Tinto plc
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DIAMONDS: Coronavirus curbs Mountain Province revenue
Unlike many other mines in Canada and around the world that have been put on care and maintenance in the last week because of the global COVID-19 pandemic, De Beers‘ (51%-owned) and Mountain Province Diamonds‘ (49%-owned) Gahcho Kué mine in…
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IRON ORE: Rio Tinto okays US$749M investment in Pilbara mine
AUSTRALIA – Rio Tinto has approved a US$749 million (A$1 billion) investment in its existing Greater Tom Price iron ore operations to sustain production capacity at the mine in the Pilbara of Western Australia. The funds will be invested in…
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ENVIRONMENT: Rio Tinto signs MOU with Chinese steelmaker to improve performance
CHINA – Rio Tinto has signed a memorandum of understanding with this country’s largest steel producer, China Baowu Steel Group, and Tsinghua University to develop and implement new methods to reduce carbon emissions and improve environmental performance in the iron…
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COPPER: Oyu Tolgoi underground costs jump 35%, says Rio Tinto
MONGOLIA – Big mining projects come with big price tags, and the Oyu Tolgoi copper-gold mine in the South Gobi area is no exception. The operator and 50% owner Rio Tinto says the cost to complete the underground portion of…
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PARTNERSHIP: Rio Tinto renews support for Indigenous students
MONTREAL – Rio Tinto is renewing its support for Indspire, a Canadian indigenous charity that provides bursaries and scholarships to Indigenous students pursuing post-secondary education or training. Through its Rio Tinto Aluminium Fund Canada, the company will provide $450,000 over…
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COPPER: Rio Tinto to begin drilling at Janice Lake
SASKATCHEWAN – Forum Energy Metals announced Tuesday that Rio Tinto Exploration Canada plans to begin in July both drilling and an airborne geophysical survey on Forum’s Janice Lake sedimentary copper project 55 km southeast of Key Lake. As part of…
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TAILINGS: Rio Tinto publicizes details of tailings management
MELBOURNE, Australia – “Everything you ever wanted to know about tailings” would be a good name for the website created by Rio Tinto at www.RioTinto.com/Tailings. Easy to understand information about what tailings are, the basics of dam construction, and the…
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TECHNOLOGY: Rio Tinto chooses Cat for autonomous fleet for Koodaideri mine
WESTERN AUSTRALIA – A fleet of 20 autonomous Cat 793F trucks will soon be hauling ore at the Rio Tinto’s Koodaideri iron ore mine, currently under construction in the Pilbara region. They’ll be joined by four Cat autonomous drills, along…
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SUSTAINABILITY: World Bank’s supports climate-smart mining
WASHINGTON, D.C. – The World Bank has launched its new Climate-Smart Mining Facility, the first fund dedicated to making mining more sustainable and to reducing its impact on the climate. Funds will be available to support the mining and processing…
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AME Roundup: Rio Tinto on lookout for BC porphyry deposits
VANCOUVER — British Columbia is known for its coal and copper-gold deposits, with a storied history of mining all three commodities. Now the second largest mining company in the world is looking to add a B.C. copper porphyry deposit to…
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IRON ORE: Supreme Court to hear appeal in Innu-Rio dispute
OTTAWA – The Supreme Court of Canada has agreed to hear a jurisdictional appeal in the years-long effort by the Innu to sue Rio Tinto over its Iron Ore Company of Canada operations. The appeal was launched by the government…
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COPPER: Rio Tinto wants a piece of Teck’s copper project in Chile
CHILE – The world’s second largest miner, Rio Tinto, is said to be preparing an offer for a minority stake in Teck Resources’ Quebrada Blanca copper mine in northern Chile. Canada’s largest diversified miner, which in August received regulatory approval for a $4.8 billion…
