(Alliance News) - Rio Tinto PLC on Tuesday said it has approved a USD55 million investment to begin underground mining at its Kennecott copper operations in Utah. Read More
Aura Energy Ltd - uranium projects in Mauritania and Sweden - Hires David Woodall to be chief executive officer and managing director, starting October 17. Woodall has 30-year mining experience, Aura says, including at Rio Tinto PLC, Fortescue Metals Group Ltd and Newcrest Mining Ltd. He replaces Will Goodall, who has been acting CEO for the past nine months. Read More
Rio Tinto PLC - London-based miner - Publishes shareholder circulars and notice of general meeting. The general meeting will be held on October 25 to approve entry into a joint venture and an associated iron ore sales with China Baowu Steel Group. The venture, announced on Wednesday, will see the investment of USD2 billion to develop the Western Range project in Pilbara, Western Australia. Read More
(Alliance News) - Rio Tinto PLC on Wednesday said it has agreed to form a joint venture with China Baowu Steel Group Corp Ltd to develop the Western Range iron ore project in Pilbara in Western Australia. Read More
(Alliance News) - Stocks in London were set for a slump on Wednesday after a higher-than-expected US inflation reading spooked markets and sparked a sell-off in New York. Read More
(Alliance News) - Rio Tinto PLC and Volvo Group on Tuesday announced they signed a memorandum of understanding focused on the supply of low-carbon materials. Read More
(Alliance News) - Rio Tinto PLC's deal to acquire Turquoise Hill Resources Ltd could be hit by legal opposition, a top investor in the Canadian miner threatened on Friday. Read More
Bluejay Mining PLC - mineral exploration and development company focused in Greenland and Finland - Completes its first exploration programme of 2022 at the Enonkoski nickel-copper-cobalt project in Finland as part of a joint venture with Rio Tinto PLC's Exploration Finland Oy. As a result of the programme, decides to stop further exploration at Muhelampi target in the near-term as interpretation of results suggest the mafic intrusion is too small to host any significant mineralisation. Reports technical difficulties during the drilling of multiple holes at the Laukunlampi target. Despite this, Laukunlampi dubbed an "interesting" target with possible follow-up drilling in the future. Read More
(Alliance News) - Stock prices in London improved in midday trade on Wednesday as power suppliers were boosted by news of a potential multi-billion package to freeze energy costs, while European market benchmarks benefited slightly from faster-than-expected second quarter growth. Read More
(Alliance News) - Stocks in London opened in the red on Wednesday morning as disappointing economic data from China hit FTSE 100 mining stocks and new data in the UK showed house price growth slowing in August. Read More
(Alliance News) - Rio Tinto PLC on Tuesday said it has entered a binding agreement to take full ownership of Mongolian miner owner Turquoise Hill Resources Ltd. Read More
(Alliance News) - Stock markets were being sold off on Monday, after Russia cut off gas supply via a key pipeline and a series of private sector surveys confirmed the damage being done to the European economy. Read More
