Rio Tinto plc

Western Potash passes another milestone

Western Potash (WPX-T) has put a spotlight on its Milestone potash project in Saskatchewan with a positive prefeasibility study (PFS) estimating annual production at 2.8 million tonnes for at least 40 years. This has some analysts speculating…



Hathor Exploration CEO Mike Gunning at the Roughrider uranium project in Saskatchewan. Photo by Trish Saywell

Rio Tinto outbids Cameco for Hathor

Rio Tinto (RIO-N, RIO-L, RIO-A) has swooped in with an all-cash, $578-million bid for uranium explorer Hathor Exploration (HAT-T) and its world-class Roughrider uranium project in Saskatchewan’s Athabasca Basin.


Bannerman provides update on Hanlong’s offer

While Bannerman Resources (ban-t, bmn-a) says it’s not going “tie its hands down” in a long-term arrangement with Sichuan Hanlong Group, it is still open to an acquisition by the Chinese conglomerate.


A planned drill site at North Atlantic Potash and Rio Tinto's potash project in Saskatchewan. Photo by North Atlantic Potash

Rio revisits Saskatchewan’s potash scene

Rio Tinto (RIO-N) is investing back into potash, after selling its potash interests in Canada and Argentina to Vale (VALE-N) for US$850 million in 2009, to help pay down its debt during the 2008–2009 recession. 


Oyu Tolgoi investment agreement safe…for now

Less than two weeks after a group of twenty parliamentarians in Mongolia accused the government of breaking the law when it concluded an investment agreement (IA) on the Oyu Tolgoi project, Ivanhoe Mines (IVN-T, IVN-N) issued a joint statement…


An aerial view of Hope Downs South iron orebody in Western Australia's Pilbara region, a joint venture between Gina Rinehart's Hancock Prospecting and Rio Tinto. Photo by Hancock Prospecting

Australia’s mining elite

As strong demand from China spurs development of Australia’s vast mineral resources amid record-high commodity prices, a new swath of mining executives have come to dominate Australia’s mega-rich. Australia now has 20 billionaires, says…


Rumours about Oyu Tolgoi rattle Ivanhoe

Dale Choi, an analyst at Frontier Securities in Ulaanbaatar, Mongolia, is recommending to clients that they buy long-term call options on Ivanhoe Mines (IVN-T, IVN-N) due to the “panic” surrounding rumours of possible revisions to the Oyu…


Mongolian MPs post hostile letter about OT

In an open letter to Rio Tinto (RIO-N, RIO-L) published yesterday on Mongolian website medee.nn, a group of twenty parliamentarians in Mongolia reportedly accused the government of breaking the law when it concluded an investment agreement (IA)…


Rio revisits Saskatchewan’s potash scene

Rio Tinto (RIO-N) is investing back into potash, after selling its potash interests in Canada and Argentina to Vale (VALE-N) for US$850 million in 2009 to help pay off its debt during the 2008-09 recession.


Oyu Tolgoi rumours rattle Ivanhoe

Dale Choi, an analyst at Frontier Securities in Ulaanbaatar, is recommending to clients that they buy long-term call options on Ivanhoe Mines (IVN-T, IVN-N) due to the “panic” surrounding rumours of possible revisions to the Oyu Tolgoi…


Hathor Exploration president and CEO Mike Gunning at the Roughrider uranium project in Saskatchewan's Athabasca Basin. Photo by Trish Saywell

What’s not to like about Hathor?

Mike Gunning likes  the fact that he can get from his desk in downtown Vancouver to within just a few kilometres of Hathor Exploration’s (HAT-T) flagship Roughrider uranium deposit in northern Saskatchewan by booking a commercial flight…


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