Rio Tinto finds Australia’s biggest pink diamond
Rio Tinto (RIO-N)has discovered the biggest pink diamond yet found in Australia.
Rio Tinto plc
BHP and Rio double down on copper
BHP Billiton (BHP-N) and Rio Tinto (RIO-N) are feeling optimistic about copper. Six weeks into the first quarter of 2012, the two mining giants have unveiled plans to commit over US$4 billion to expand copper production at operations in Chile…
Rio finds Australia’s biggest pink diamond
Vancouver – Rio Tinto (RIO-L, RIO-A) has discovered the biggest pink rough diamond yet found in Australia.
Canada and China sign landmark uranium agreement
A new trade deal allowing Canadian uranium exports to China is eliciting cheers from uranium companies across the country. The deal was one of several agreements signed during a visit to China in early February by Canadian Prime Minister…
Glencore, Xstrata in merger talks
Commodities trader Glencore (glen-l) is looking to combine with Xstrata (xta-l) in a possible all-share merger of equals, which will see the combined entity dominate the global markets for thermal coal, zinc, lead and ferrochrome, and become a…
Giustra shell graduate flops on Guinea iron ore assays
They say for every mine successfully put into production, 1,000 other geological prospects are tested and found lacking. Notwithstanding the small probability of achieving just one success over a life-long career in mining, a small group of…
Ivanhoe drops poison pill, secures financing
Rio Tinto (RIO-N, RIO-L) is moving ever closer to increasing its stake in the Oyu Tolgoi copper-gold deposit in Mongolia through Ivanhoe Mines’ (IVN-T, IVN-N) equity.
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Finning to buy Caterpillar units
Ivanhoe drops the poison pill and secures financing
Rio Tinto (RIO-N, RIO-L) is moving ever closer to increasing its stake in Oyu Tolgoi through Ivanhoe Mines’ (IVN-T, IVN-N) equity. After winning a court ruling in late December of last year the sting was removed from Ivanhoe’s shareholders…
Rio wins ruling, Ivanhoe stock falls
While being on the hook for half of a US$6-billion mine construction is hardly small potatoes, it’s a bargain compared to shouldering the burden alone.
Taca Taca gets bigger and better
After a brief stop around midnight to refuel in Panama, Ross Beaty pulls out a sleeping bag from his carry-on and spreads it in the aisle of the luxurious Gulfstream III jet he has chartered to fly a group of mining analysts to Lumina Copper’s…
Rio wins filing, Ivanhoe stock falls
While being on the hook for half of a roughly US$6 billion mine construction is hardly small potatoes it is a bargain compared to shouldering the entire cost load alone.