Rio Tinto
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The Northern Miner Podcast – episode 227: Rio Tinto turns the page, seeks to ‘earn back respect and credibility’, ft CEO Jakob Stausholm
This week’s episode features Rio Tinto’s conference call with new CEO Jakob Stausholm, who outlines his vision for the company after ‘a year of extremes’ in 2020. The call also includes Interim Chief Financial Officer Peter Cunningham, who gives an…
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Star Diamond locks horns with Rio Tinto on diamond breakage study
Star Diamond (TSX: DIAM) has provided an update on the progress of a 10 cutter-hole bulk sample program completed by joint venture partner Rio Tinto Exploration Canada on the Star kimberlite at the Star-Orion South diamond project in Saskatchewan. The…
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Rio Tinto to tackle customers emissions, issues biggest dividend ever
Rio Tinto (ASX, LON, NYSE: RIO) has rewarded investors with the biggest dividend in its 148-year history and laid out plans to tackle the vast carbon footprint of its global customers, in an effort to leave behind what its new…
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Mongolia asks Rio Tinto to mutually cancel Oyu Tolgoi’s deal
Mongolia’s government is said to be actively seeking to cancel a deal with Rio Tinto (ASX, LON, NYSE: RIO) governing a $6.75 billion expansion of the Oyu Tolgoi copper mine in the Gobi Desert, as it looks to replace it…
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Sale of Ekati mine to Arctic Canadian Diamond closes
Dominion Diamond‘s sale of Canada’s first diamond mine, Ekati, to Arctic Canadian Diamond Company has been completed. Full operations at the site, which had been placed on care and maintenance at the beginning of the pandemic last March, resumed on…
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Palantir, Rio Tinto sign multi-year enterprise partnership
Palantir Technologies has announced that it has signed a multi-year enterprise agreement for its Foundry Platform with Rio Tinto. Palantir’s software will integrate raw data from many separate sources into a representation of critical mining operations. Rio Tinto is then…
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Rio Tinto looming talks with Mongolia to decide Oyu Tolgoi’s fate
The next three to six months will be crucial to the future of the vast Oyu Tolgoi copper-gold mine in Mongolia, as the companies behind the operation engage in talks to find a way to improve the government’s financial benefits…
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Mongolia threatens to revoke Rio Tinto’s plan for Oyu Tolgoi
The government of Mongolia may cancel and replace the development and financial plan for the country’s vast Oyu Tolgoi copper-gold mine, Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) said today. The company, which is controlled by Rio Tinto (NYSE: RIO;…
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Rio Tinto’s $6.75B Oyu Tolgoi expansion to kick off production in 2022
Rio Tinto (NYSE:RIO; LSE: RIO; ASX: RIO) unveiled on Wednesday that underground production from the Oyu Tolgoi copper-gold mine in Mongolia is slated to begin in October 2022, adding that it will come with a price tag of US$6.75 billion.…
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Rio Tinto, Newmont take extra steps to promote gender equality in mining
Rio Tinto, Newmont, New Gold, SRK Consulting and Centerra Gold are taking additional steps towards promoting gender equality in the mining sector by joining forces with global non-profit organization International Women in Mining. The mining giants joined the 2021 International…
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US fund threatens Rio Tinto with legal action over Oyu Tolgoi finances
The world’s second largest miner Rio Tinto (NYSE: RIO; LSE: RIO) is facing stronger headwinds over how to finance its massive Oyu Tolgoi underground copper project in Mongolia after a U.S. hedge fund threatened the company with legal action. Pentwater Capital, the…
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Rio completes summer exploration at Janice Lake
Rio Tinto Exploration Canada (RTEC) has completed its summer exploration program at the Lake Sedimentary copper-silver project in northern Saskatchewan, project owner Forum Energy Metals announced Tuesday. The program first began in June with the construction of a 50-person camp on the property…
