Charge is due to due to cuts in the US Federal corporate income tax rate, the world’s biggest mining company said.
Australia Mining News
Rio Tinto had already earned a 75% interest in the C-4-5-6 property, and it was expected to exercise its option to acquire full interest by 2019.
The largest diamond recovered in the first test run was 6.6 carats.
A uranium deposit in Western Australia under development by Cameco (TSX:CCO, NYSE:CCJ) will not be held up by conservationists who oppose it.
A funding proposal for a rail line that could carry its coal to the coast for export has been canned.
Trade data from AUS Bureau of Statistics has confirmed importance of the mining industry to Australian economy and continuing benefits of the mining boom.
Company's shares fell as much as 5.5% on the news that the Indian Supreme Court had cancelled all the 88 existing iron ore mining licences in the Indian coastal state of Goa.
The country's sovereign wealth fund is considering joining the bidding for Rio Tinto's last remaining coal mines.
Mining giant posts 90% increase in profit amid what CEO Jean-Sébastien Jacques calls “resilient” commodity prices.
The event is a hackathon with a twist, as startups will pitch their mining technologies to senior level executives from Komatsu Japan, USA, and Australia, and then work closely with Komatsu mentors to prototype their model with the multinational manufacturing giant.
President and chief operating officer Mike Frasersaid company has received a number of offers for the assets, which it up for sale in November last year as part of a shift away from coal.
Australasian Centre for Corporate Responsibility says it needs 100 shareholders to co-file resolution at Rio’s upcoming annual general meeting.
Elliott has previously urged BHP to change its structure, with listings in both Britain and Australia, but the company has resisted.
The sale of 4,170 carats of Lulo diamonds achieved gross proceeds of US$9.14 million (A$11.43 million), representing an average price per carat of US$2,192.
Rio Tinto and The Perth Mint are delighted to unveil the first pavé set Argyle pink diamond gold coin.
Rio’s renewed interest in SQM is welcome by the Chilean government, which had expressed concerns about a potential and dangerous concentration in the market should major lithium producers, such as China’s Tianqi, acquire the 32% interest in SQM.
BHP's Escondida on Wednesday cast doubt on chances of starting talks on a new labor agreement with the company before formal negotiations scheduled for June.
The 119 diamonds recovered from the Little Spring Creek lamproite drill core samples included seven macro diamonds and 112 micro-diamonds.
CRU’s 17th World Copper Conference is a premier copper conference that attracts over 500 delegates.
Imagine that for every million people on Earth, there was a single dot on a map. What if we went back in time, watched dots accumulate over human history?
Dutch non-profit organization claims Rio and its Canadian subsidiary Turquoise Hill used a complex network of tax haven subsidiaries and lending money to itself at high interest rates.
Consulting firm Deloitte has published what it says will be the top-10 global trends in the mining industry this year.
Elman, 77, has watched another global commodity-trading powerhouse collapse before his eyes over the past year: his own.
The UK-based research and consultancy group has dropped its price forecast to $63 a tonne or 12% below last year's average of $71 per tonne.
LME nickel breaks through $14,000 per tonne.