Big mining has remained stubbornly focused on shareholder returns, rather than spending on acquisitions and big-ticket projects.
Rio Tinto Mining News
The autonomous Papua New Guinea region of Bougainville has rejected controversial changes to its mining law.
Iron ore’s dramatic rally will raise costs for steelmakers, potentially crimping their profit margins, unless they are able to pass on the additional burden to customers.
Simandou is one of the world's biggest iron deposits, containing billions of tonnes of high-grade ore, but development has been complicated by its location far from the coast.
Executives, investors and government officials met in Cape Town at the African Mining Indaba, the continent’s biggest gathering of one of its most essential industries.
A key asset is the Oyu Tolgoi copper project in Mongolia, which will partially diversify the miner's earnings away from iron ore.
"A First Nations' voice to parliament is a meaningful step towards reconciliation," BHP Chief Executive Officer Andrew Mackenzie said.
Vale production cuts could have "outsized" impact in shorter term with spot prices predicted to return to $100-plus per tonne in summer.
An investigation is ongoing into suspected abuse of power - that former finance minister Bayartsogt held shares in a foreign company before the Oyu Tolgoi investment agreement.
Industry analysts recommend investors buy shares of companies building new U.S. copper mines, a marked change from just 12 months ago when most recommendations were to hold.
A research report by Wood Mackenzie states that electrification and automation will be a key priority for global mining companies.
Rio's 2018 iron ore shipments from Australia's Pilbara region totaled 338.2 million tonnes, compared to 330.1 million tonnes the year before.
Some of the mining world’s top executives are starting to plan their departures.
Rio Tinto is assessing the full impact of the damage and will do all it can to try and minimize disruption to our customers.
The clean-up is now predicted to cost A$808 million — A$296 million (about $213m) more than ERA's initial A$512-million estimate.
The port is one of two terminals Rio Tinto uses to ship iron ore from Australia's Pilbara mining region.
Concentrate shipments from Indonesia's Grasberg mine, will drop because of a lag in output while operations shift from open pit to underground mining.
Rio said it would postpone any short- and long-term incentives owed to Sam Walsh for a minimum of two years. Rio is now planning to extend that time period.
Tropical Cyclone Penny slammed into the far north coast near Rio Tinto Group’s Weipa bauxite mine, triggering warnings of flash flooding and damaging winds.
The Oyu Tolgoi project is central to Rio Tinto's push to diversify its portfolio away from iron ore.
It's been a tough year for mining, but the Big 3 were still a better investment than the FAANGs in 2018.
The $940 million rail project, AutoHaul, is focused on driverless train movement to transport ore and has been in development since 2012.
Minmetals will purchase Pilbara Blend lump ore that will delivered through 12 cargoes and priced at around $144.94 million.
Rio Tinto, the world's second-biggest listed miner, is targeting a valuation of about $4 billion sources tell Reuters.
The company will continue to explore the anomaly as well as look for gabborites containing cobalt.