Copper $ 5.4385 / lb 0.20%
Brent Crude Oil $ 60.09 / bbl -0.91%
Palladium $ 1783.5 / ozt 7.18%
Crude Oil $ 56.26 / bbl -0.90%
Natural Gas $ 3.928 / Btu -4.59%
Silver Futures $ 65.16 / ozt -2.03%
Aluminum Futures $ 2918.75 / ton 0.49%
Micro Gold Futures $ 4396.8 / ozt 0.58%
Micro Silver Futures $ 65.11 / ozt -2.01%
Platinum $ 1964.5 / ozt 1.70%
Gold Futures $ 4365.3 / ozt -0.14%
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Rio Tinto smashed by largest ever loss, new CEO vows cuts

Cecilia Jamasmie | February 14, 2013 | 2:01 pm Base Metals Energy Precious Metals Top Companies Asia Australia Canada China Europe Latin America Aluminum Coal Gold 

Mining giant Rio Tinto  (ASX, LON, NYSE:RIO) provided investors with a sour Valentine’s treat Thursday as the world’s second biggest miner posted a $3 billion loss, its first ever full-year loss. Chief Executive Sam Walsh vowed a “relentless” focus on shareholder...

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