Rio Tinto to miss 2025 emissions cuts targets
The world’s second largest miner won’t be able to achieve a targeted 15% carbon emissions reduction by 2025, unless it uses carbon offsets.
Rio Tinto
JV Article: Precious metals producer Steppe Gold is set for growth as Mongolia is back on investors’ radars
Mongolia-based Steppe Gold (TSX: STGO) has just announced a US$150-million funding deal to fully finance the Phase 2 expansion of its flagship project ATO gold mine in Mongolia. With expected…
Rio Tinto flags cost hike at Argentina lithium project
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has noted a likely cost estimate and schedule review for its Rincon lithium project in Argentina’s Salta Province, an emerging hub for…
Azimut-Rio Tinto’s Quebec lithium exploration deal a ‘benchmark’, says Lulin
Azimut Exploration (TSXV: AZM) has recently signed two option-to-joint venture deals with a division of Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) called Rio Tinto Exploration Canada involving Azimut’s…
Video: New discoveries needed to revive Canada’s flagging diamond sector
Canada’s natural diamond market needs a new discovery to invigorate investor interest in a flagging industry, says sector heavyweight Eira Thomas. The Lucara Diamond (TSX: LUC) CEO says several diamond…
Rio Tinto plans $1.4B expansion of aluminum smelter in Quebec
Rio Tinto (NYSE: RTP; LSE: RIO; ASX: RIO) is planning a $1.4-billion expansion of its AP60 aluminum smelter equipped with low-carbon technology at Jonquiere, Que. The expansion will coincide with…
Rio Tinto Boron mine becomes first to switch to renewable diesel
Rio Tinto (ASX: RIO; LSE: RIO) said on Friday it had completed the full transition of its heavy machinery at its Boron operation in the U.S. from fossil diesel to…
Greatland Gold inks deal with Rio Tinto for Western Australia expansion
Greatland Gold (LSE: GGP) said Tuesday that it has entered a farm-in and joint-venture agreement with Rio Tinto (ASX: RIO; LSE: RIO) to speed up exploration across a tenure near…
American Pacific adds Centerra Gold to roster of prospecting partners
Canadian exploration outfit American Pacific Mining (CSE: USGD; US-OTC: USGDF) on May 2 agreed to buy privately held Clearview Gold in a deal valued at $5 million, thus adding a…
Emerita readies first resource for La Romanera in Spain
Iberian Pyrite Belt-focused explorer Emerita Resources (TSXV: EMO; US-OTC: EMOTF) on Monday reported a strong batch of drill results from its La Romanera polymetallic deposit ahead of an initial resource…
High-tech capital takes a bet on mining innovators
In its quest for bonanza returns, high-tech capital is willing to take a bet on mining, an industry not noted for producing steady returns and challenged by its comparatively small…
JV Article: Argentina Lithium capitalizes on EV demand for critical minerals
In mid-February, Ford Motor Company (NYSE: F) announced a US$3.5-billion investment to build a battery plant in Michigan that will help it reach its target of producing 2 million electric…