Copper $ 5.359 / lb -2.36%
Brent Crude Oil $ 61.12 / bbl -0.78%
Palladium $ 1542.7 / ozt 0.44%
Crude Oil $ 57.44 / bbl -0.78%
Natural Gas $ 4.113 / Btu -2.79%
Silver Futures $ 62.007 / ozt -3.09%
Aluminum Futures $ 2788 / ton 0.00%
Micro Gold Futures $ 4360 / ozt 0.37%
Micro Silver Futures $ 62.007 / ozt -3.08%
Platinum $ 1762.5 / ozt 2.89%
Gold Futures $ 4328.3 / ozt 0.45%
Go to MDC Markets

Rio Tinto, IBM deal spells office layoffs

MINING.COM Staff Writer | October 22, 2013 | 6:15 am Iron Ore 

Rio Tinto has signed a $100 million, 10-year outsourcing deal with tech giant IBM that will eventually terminate an estimated 800 finance, procurement, IT and HR positions. A Rio spokesman said the cuts would help to reduce costs and improve...

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