Here is how Rio Tinto intends to cut costs by $1 billion
The mining giant is watching every single expense, including those related to safety equipment.
Latest Stories
EPA-triggered mine spill in Colorado triples in volume
About 3 million gallons of toxic wastewater, triple previous estimates, have poured from an old Colorado gold mine into local streams since Wednesday last week.
Obama: Iranian sanctions relief ‘not a game-changer’
In an interview broadcast Sunday, President Obama acknowledged that Iran would benefit economically from the nuclear weapons agreement that his administration negotiated with Tehran, but contended that it would not be a “game-changer.”
Codelco says over $15 million in damages due to strike at Salvador mine
Codelco, the world's No.1 copper producer, confirmed it will start legal actions against protesters this week.
BHP Billiton axing other 380 jobs at its Olympic Dam
The cuts represent 14% of what was once a 4,300 workforce.
British investment fund to buy Anglo’s mines in Chile
According to local newspaper El Mercurio, the unnamed fund is buying Anglo's Mantoverde and Mantos Blancos copper mines.
Aluminium-Intensive XE is most fuel efficient Jaguar ever
The innovative new Jaguar XE is the only car in the class to use an aluminium-intensive monocoque, with lightweight aluminium accounting for 75% of the structure.
Canada investigating mysterious death of 30 herons at Syncrude oil sands
Inspectors are currently at the site, but haven't been able to determine how the birds died or whether others are injured.
EPA’s blows it — causes massive mine wastewater spill at Colorado rivers
While the U.S. Environmental Protection Agency was investigating pollutants at an old gold mine, it accidentally released an estimated one million gallons of mining waste into a creek.
