Mining major Rio Tinto on Thursday reported a 12% increase in underlying earnings for the first half of the 2019 financial year, on the back of strong iron-ore prices.
Underlying earnings for the half-year reached $4.93-billion, up from $4.41-billion …
Rio Tinto’s earnings rise on soaring iron-ore prices Read More »
Diversified mining company Teck Resources on Thursday reported adjusted profit of C$459-million, or C$0.81 a share, in the June quarter, compared with C$653-million, or C$1.14 a share, in the same quarter of last year. Revenue increased from C$3.02-bil…
Teck’s quarterly profit down, adjusts steelmaking coal guidance Read More »
Diversified miner South32 has reported a strong finish to the 2019 financial year, with revenue equivalent production growing by 10% in the June quarter and by 3% in the full year, while record production was achieved at the Hillside aluminium operatio…
South32 reports strong end to FY2019 Read More »
Diversified giant BHP has exceeded its full-year production guidance for petroleum, while hitting its revised targets for both iron-ore and copper output in the year ended June.
CEO Andrew Mackenzie told shareholders on Wednesday that BHP finished the…
BHP reports solid FY19 Read More »
Major BHP has moved to reduce its CO2 emissions, releasing the world’s first bulk carrier tender for liquefied natural gas (LNG)-fueled transport for up to 27-million tonnes of its iron-ore.
The miner said that introducing LNG-fuelled ships into BHP’…
BHP tenders for LNG-fueled transport for its iron-ore Read More »
Major BHP has moved to reduce its CO2 emissions, releasing the world’s first bulk carrier tender for liquefied natural gas (LNG)-fueled transport for up to 27-million tonnes of its iron-ore.
The miner said that introducing LNG-fuelled ships into BHP’…
BHP tenders for LNG-fuelled transport for its iron-ore Read More »
Mining giant Rio Tinto has warned of costs blow-outs and delays to its Oyu Tolgoi underground project, in Mongolia.
The miner on Tuesday said that capital spend to bring the copper project into production is expected to range between $6.5-billion and …
Rio warns of Oyu Tolgoi blow-out amid slow quarter Read More »
Mining giant Rio Tinto has warned of costs blow-outs and delays to its Oyu Tolgoi underground project, in Mongolia.
The miner on Tuesday said that capital spend to bring the copper project into production is expected to range between $6.5-billion and …
Rio warns of Oyu Tolgoi blow-out amid slow quarter Read More »
Diversified major Rio Tinto has appointed Barbara Levi to succeed Philip Richards as group executive, group general counsel from January 1, 2020.
Richards will retire from Rio on December 31.
Rio appoints new legal council Read More »
Norway’s $1-trillion wealth fund has removed Rio Tinto from its investing blacklist after the world’s second-biggest miner sold out of the controversial Grasberg mine in Indonesia.
Norway has refused to buy Rio Tinto stock for more than a decade becau…
Rio Tinto removed from Norway blacklist after selling polluting mine Read More »
