Rio Tinto Mining News

Giant 552-carat yellow diamond unearthed in Canada's arctic

The stone was found at Dominion Diamond and Rio Tinto's Diavik mine.

Rio's partner in Aussie copper project says nothing great so far about it

Antipa Minerals reported "weak mineralization" in a target area that is part of the Citadel project, which has been touted as likely rich in copper.

Serbia's mining sector could contribute 5% of national output by 2023- minister

Rio Tinto and China's Zijin Mining are potentially the biggest investors.

Rio Tinto green lights $2.6B Koodaideri iron ore mine investment

Construction will start next year with first production expected in late 2021.

Rio Tinto to proceed with $2.6B iron ore mine in Western Australia

Construction for the project will start in 2019, with first production expected in late-2021.

How Industrial Internet of Things is changing the mining industry

The mining industry is facing an upward cycle, and IIoT presents numerous opportunities and benefits to maximise profitability.

Rio Tinto leads copper charge into Western Australia's Paterson region

Rio's interest in the area has sparked a stampede into adjacent lots by other explorers, who see Rio's aggressive activity as an indicator of a highly promising find.

Rio Tinto sells stake in Rossing uranium mine to China

The company is selling its 69%-stake in Rossing Uranium Limited, which owns the Namibian mine, to China National Uranium Corporation (CNUC).

Award winning Diavik Diamond Mine honoured as industry leader

Diavik Diamond Mine is located 300 kms northeast of Yellowknife, capital of Canada’s Northwest Territories.

Rio Tinto, Nespresso join forces to make coffee pods greener

Both companies are seeking to position themselves as sustainable to boost their investor and customer appeal

Teck to name partner in Chilean copper project in December

Canada’s largest diversified miner is also studying a Phase 3 for Quebrada Blanca, which would double the mine’s capacity to 600,000 tonnes of copper a year from the 300,000 it’s expected to achieve once Phase 2 is completed.

Supreme Court to hear appeal in Innu-Rio Tinto dispute

The Innu First Nations filed their lawsuit in 2013, seeking compensation of $900 million.

Miners' spending on hunt for copper, EV metals hits $10 billion

Budgets jumped about 19%, outpacing last year’s gain.

Rio Tinto wants a piece of Teck’s copper project in Chile

Canada’s largest diversified miner has been looking for a development partner for the $4.8-billion extension of Quebrada Blanca copper mine in northern Chile.

Rio Tinto sells Kitimat wharf to LNG Canada for $576 million

LNG Canada is a joint venture of Shell, Petronas, PetroChina, Mitsubishi and Kogas.

Resolution Copper destroys historic smelter in Arizona

According to the company, the chimney stack was structurally unsound and posed a significant threat to safety.

Kimberlites exploration drilling underway in Fort à la Corne Saskatchewan

Star Diamond Corporation announced that Rio Tinto Exploration Canada commenced an HQ core drilling program on 11 holes.

Sanjeev Gupta's Liberty gets financing for Dunkirk aluminium smelter

Rio Tinto and Liberty had announced a binding agreement on the sale of the Dunkirk site, Europe's largest aluminium smelter, in a deal expected to be worth $500 million, subject to final adjustments.

Rio’s Argyle pink diamonds tender breaks record

The 2018 collection of the finest pink, red and violet diamonds continued its trajectory of double-digit price growth.

Copper, gold mines now likely cheaper to construct than to buy-research

Results suggest that exploration and building remains the riskier but potentially more cost-effective alternative

BHP to return $10.4 billion in buyback, special dividend bonanza

BHP had promised to return all of the net proceeds from the $10.8 billion sale of its U.S. shale business to shareholders when the deal was announced in July.

Like Silicon Valley? Miners face uphill slog in drive to go digital

The mining industry needs to change the barbecue conversation - Jean-Sebastien Jacques Rio Tinto CEO

Glencore is going to get crazy rich on coal next year

Glencore expected to achieve annual cash savings of more than $300 million in its coal business by the end of 2018, but now it expects savings of more than $450 million by year-end.

China machine 'working very well' amid stimulus, Rio says

China is on track for an annual record and is supporting consumption of raw materials.

Rio Tinto sees new-style partnerships as the future

If a community or government wants a bigger share of the pie, they may need to be willing to take on more of the risk.