(Alliance News) - Rio Tinto PLC has snapped up a 15% stake in Sovereign Metals Ltd, the AIM-listed exploration and development company said on Monday. Read More
(Alliance News) - Rio Tinto PLC and Sumitomo Corp said that they will build a first-of-a-kind hydrogen plant in Gladstone, Australia, as part of a AUD111.1 million - around USD74.6 million - programme aimed at lowering carbon emissions from the alumina refining process. Read More
(Alliance News) - Greatland Gold PLC on Monday said it began a maiden drilling campaign at Paterson South project, while also noting drilling at two targets. Read More
(Alliance News) - Stocks in London are set to open in the red on Friday, as risk sentiment across the globe is damped by hawkish central banks. Read More
(Alliance News) - Stock prices in Europe pushed higher on the eve of the Federal Reserve decision, while technology shares in New York rose again as a cooler inflation reading all but ensured US interest rates will not be hiked this week. Read More
(Alliance News) - London's large-cap and mid-cap indices had slipped into the red by midday on Tuesday, having started the day positively, as a risk-off mood crept into markets ahead of the release of key US inflation data at 1330 BST. Read More
Rio Tinto PLC - Anglo-Australian mining and metals company - Ivan Vella, chief executive officer of Rio's Aluminium business, has accepted a new position outside the company and will leave in December. He will continue to lead the Aluminium division during the search for his successor, Rio says, but has stepped down from the executive committee with immediate effect. Read More
(Alliance News) - Glencore PLC has given Teck Resources Ltd's board something to think about, as it proposed a deal to take the Canadian miner's steel-making coal assets out of its hands. Read More
Rio Tinto PLC - Anglo-Australian mining and metals company - Will invest USD1.1 billion to expand its AP60 aluminium smelter at Complexe Jonquiere in Canada. Says total investment includes up to USD113 million of financial support from the Quebec government. Says project will generate up to 1,000 jobs during the peak of construction and approximately 100 permanent jobs as a result of the expansion. Read More
(Alliance News) - Glencore PLC on Monday said it has mounted a bid to acquire Teck Resources Ltd's steel-making coal business, after previous efforts to capture all of the New York-listed miner were rebuffed. Read More
(Alliance News) - Stock prices in Europe opened mostly lower on Friday, failing to replicate a rally seen on Wall Street, where stocks were spurred on by a weak US jobless claims reading that reinforced expectations that the Federal Reserve will decide against an interest rate hike. Read More
(Alliance News) - Stocks in London were set to open flat on Thursday, with market sentiment cautious amid fears that interest rates have further to rise across the globe. Read More
