While the dispute is ongoing, the Gumala foundation enjoyed a big jump in royalty payments under the Yandi agreement ... at Rio’s Yandicoogina iron ore mine. Land use agreements negotiated by other ...
Rio Tinto and Glencore have been discussing combining their businesses, according to people familiar with the matter, Bloomberg reported. The Australian mining giant and the Swiss commodities ...
Future near-term growth should be driven by copper and aluminum, with strong EBITDA from the Oyu Tolgoi mine and aluminum price recovery. Rio Tinto's attractive dividend yield of 5%-6% is above ...
Rio Tinto is the world’s second-biggest miner, with a market value of about US$104 billion as trading got underway in London on Friday, while Glencore was valued at about US$56 billion. BHP is worth ...
The mine’s development would create a massive crater, impacting a sacred site where Arizona’s San Carlos Apache tribe conducts religious ceremonies. Stausholm noted that Rio Tinto remains in ...
Mining giant Rio Tinto reported strong performance in 2024 but also noted a decline in diamond production, according to a report by Rough & Polished. According to the report, diamond production at the ...
The mining industry is on edge after reports surfaced of potential merger discussions between Rio Tinto and Glencore, two of the sector’s most prominent players. Bloomberg News reported that the ...
In the decade since, Rio Tinto has sought to pivot away from fossil fuels. It has exited coal mining completely and instead sought to grow its copper and lithium businesses. Glencore by contrast ...
Rio Tinto and Glencore are in early talks about a potential merger that could create the mining industry's largest-ever deal. Market reactions were mixed, with Rio Tinto shares declining while ...