US markets rise, May 24-28
The Dow Jones Industrial Average rose 0.94%% to finish the week at 34,529.45 and the S&P 500 advanced 1.16% to 4,204.11. Spot gold gained US$22.80 per oz., or 1.21%, to US$1,903.50…
Rio Tinto
Rio Tinto’s Richards Bay manager murdered on way to work
Local police confirmed on Monday that a senior manager of Rio Tinto’s (NYSE: RIO; LSE: RIO; ASX: RIO) Richards Bay Minerals (RBM) was assassinated in South Africa’s KwaZulu-Natal province, Zululand…
Rio Tinto puts last diamonds mined at iconic Argyle up for sale
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has unveiled a preview of its final showcase of rare pink, red and blue diamonds from its iconic Argyle mine in the…
Rio Tinto, Antipa more than double JV deposit gold resource
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has more than doubled the inferred mineral resource of the Calibre gold deposit at its Citadel copper-gold project, a joint venture with…
Rio Tinto takes strategic stake in Western Copper and Gold
Rio Tinto Canada is investing $25.6 million for an 8% stake in Western Copper and Gold (TSX: WRN; NYSE-AM: WRN), which is advancing its copper-gold Casino project in the Yukon….
World’s top 10 biggest copper mines
Copper, the highly conductive red metal vital to the manufacturing of products essential to the electrification of the world’s energy systems is also used in heating, cooling, electronics, power generation…
Iron ore prices hit new record
The price for iron ore surged to a record US$237.57 per tonne on May 12 as strong Chinese demand continued to outpace supply. The record price levels are supported by…
Barksdale acquires Arizona copper projects from Rio Tinto
Barksdale Resources (TSXV: BRO) has entered an definitive agreement to acquire two copper exploration projects located in Santa Cruz County, Arizona, from Kennecott Exploration Company, a wholly owned subsidiary of…
Rio Tinto shareholders reject former CEO’s exit package
A majority of Rio Tinto’s (NYSE: RIO; LSE: RIO; ASX: RIO) shareholders oppose the exit package handed to former chief executive Jean-Sébastien Jacques, ousted after the destruction of sacred rock shelters in…
US markets mixed, April 12-16
The Dow Jones Industrial Average rose 1.18% to finish the week at 34,200.67 and the S&P 500 fell 0.77% to 3,913.10. Spot gold rose US$32.30 per oz., or 1.85%, to US$1,776.50…
Rio Tinto kicks off lithium production in the US
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has kicked off lithium production from waste rock at a plant located at a borates mine it controls in the state of…
Canadian First Nation challenges DeBeers’ mine waste plans
Canada’s Attawapiskat First Nation it’s challenging the construction of a new mine landfill near the community in the province of Ontario, which is being proposed by diamond miner giant DeBeers….