Rio Tinto plc


Rio outlines diamond project

Denver — Rio Tinto (RTP-N) has tabled a new resource estimate for the Murowa diamond project in south-central Zimbabwe.A feasibility study confirms the presence of mineralization in three kimberlites…


National Gold deals for Salamandra gold project

Vancouver — Junior National Gold (NGT-V) has inked a $10.5-million deal with Placer Dome (PDG-T) and Kennecott Minerals to pick up the 3.4-million-oz. Mulatos deposit in Mexico’s Sonora state. Kennec…


Dow, Nasdaq continue to slide

Denver — With the U.S. presidential election still unresolved, the Dow Jones industrial average continued its fall, sinking 186.56 points, or 1.7%, to finish at 10,681.06 at the end of the report per…


Anatolia to drill four prospects in Turkey

Denver — Anatolia Minerals Development (YMC.U-V) is preparing to launch four drilling programs in Turkey.Among these will be a US$350,000 program with partner Rio Tinto (RTP-N) at two copper-gold por…


Market awaits election outcome

Denver — The Dow Jones industrial average fell 271.12 points, or 2.5%, to 10,681.06 for the period ended Nov. 14, owing to uncertainty and confusion surrounding the U.S. presidential election.However…


De Beers withdraws from bid

De Beers Consolidated Mines (DBRSY-Q) is withdrawing its takeover bid for Australia’s Ashton Mining now that rival Rio Tinto (RTP-N) has received acceptances for 51.89% of Ashton’s shares.De…


Zaldivar boosts Placer’s performance

Placer Dome’s (PDG-T) wholly owned Zaldivar copper mine is proving a significant contributor to the major’s bottom line. Situated in northern Chile, the open-pit, heap-leach operation added US$213 mil…


Boliden seeks partners at Lomas Bayas, Myra Falls

Higher production and improved copper and zinc prices helped Boliden (BOL-T) to an operating profit in the three months ended Sept. 30, but further writedowns on the balance sheet — including a US$19…


Ashton urges acceptance of De Beers’ bid

The board of directors of Australian-listed Ashton Mining has recommended that its shareholders reject Rio Tinto’s (RTP-N) A$1.85-per-share offer, which it described as “neither fair nor reasonable,” …


Analyst keeps close watch on Aber Diamond

Dorothy Atkinson was a government geologist based in Yellowknife during the heady days of the diamond rush in the Northwest Territories. Today, as senior mining analyst for IPO Capital, she’s keeping …


Dow leaves miners behind

Denver — The Dow Jones industrial average bounded up 578.07 points, or 5.6%, during the report period ended Oct. 31, erasing losses from two weeks ago, though mining issues were mixed.Spot gold on th…


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