Rio Tinto’s Walsh promises investors $5bn in cost savings
Aside from selling assets and slashing jobs, Walsh said the company will improve performance at all operations.
Latest Stories
More than a third of US firms not ready for conflict minerals rules
American component manufacturers will have to prove they don't use conflict minerals by May next year.
Unique pink diamond fetches almost $40 million in NYC
It is the second-highest price ever paid for a gem sold at auction.
Copper hammered again, lowest level in 18 months
Copper prices dropped for the second straight day on Thursday.
Australia aims to be largest LNG exporter in 5 years
The country's production will approach 90 million tonnes a year by 2018.
BHP Billiton announces new leadership team
Company said the changes were necessary to drive its productivity agenda.
Petra Diamonds finds rare 25.5 carat blue gem
The rough stone was pulled from the famous Cullinan mine in South Africa.
AREVA discovers big uranium deposit in Mongolia
The company reported 50,000 tonnes of uranium in inferred resources.
Ross Norman: Gold looks like a ‘beat fighter’
Head of bullion broker Sharps Pixley says gold won't recover in a hurry.
