Rio Tinto Tag

Rio Tinto and several of its large diversified rivals managed to further increase profit margins and cash flows during the 2018 financial year, according to a recent Fitch Solutions report. The report outlined how improved financial performances were a result of miners streamlining their operations, cutting...

Anglo American and Rio Tinto have become founding donors to the World Bank’s Climate-Smart Mining initiative – the first ever fund dedicated to making mining a more sustainable practice. The World Bank said the facility will focus on helping resource-rich developing countries benefit from increasing global...

[caption id="attachment_23668" align="alignleft" width="550"] Image: Rio Tinto Flikr[/caption] Western Australia’s iconic Argyle mine has produced one of the largest gem-quality white diamonds in its 35-year history, after Rio Tinto uncovered a 28.83 carat stone in March. The diamond has been named Argyle Octavia for its unusual octahedral...

Rio Tinto and Vale have both posted rising iron ore shipments in their second quarter operating reports, reflecting a strong environment across the board for the sector. Anglo-Australian mining giant Rio said it enjoyed a ‘solid’ Q2, with iron ore shipments increasing by 14% year-on-year to...