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INDUSTRIAL ACTION

PWCS workers to embark on protected industrial action

Workers at Rio Tinto’s Port Waratah Coal Services (PWCS) subsidiary, in Newcastle, will take protected industrial action beginning on May 12, the Maritime Union of Australia (MUA) warned on Wednesday. The industrial action was centred around a...
8th May 2013
 
NEW REPORT AVAILABLE

Creamer Media publishes Iron-Ore 2013: A review of the iron-ore sector research report

The iron-ore mining industry, like other economic sectors, was pummelled by the 2008 worldwide economic downturn. However, thanks to stimulus packages introduced in 2009 resulted in the industry’s recovery in 2010 and 2011, with prices hitting...
8th May 2013
 
DIVERSIFIED MINER

Rio Tinto to press on with iron ore expansion plans

Rio Tinto, the world's No.2 iron ore miner, is set to press on with plans to boost production at its Australian mines by a quarter by 2015, shrugging off pressure to slow spending and conserve cash as the commodity boom cools. In spite of...
7th May 2013
 
COAL

Coal & Allied to expedite Warkworth development appeal

Rio Tinto subsidiary Coal & Allied on Tuesday warned that pressure was mounting at its Mount Thorley Warkworth mine, despite the coal miner being granted leave to expedite its appeal against the New South Wales Land and Environment Court’s...
7th May 2013
 
PROJECT REDEVELOPMENT

EMED's Spanish project part of a European mining renaissance

Toronto-listed project developer EMED Mining was part of what might very well be a renaissance of European mining, as it was preparing to restart mining at its flagship Rio Tinto copper mine, in Spain’s region of Andalucia. The Europe-focused...
6th May 2013
 
All

Argyle diamond mine underground development, Australia Restricted

Rio Tinto opened the new Argyle underground diamond mine in the east Kimberley region of Western Australia at the end of April.
3rd May 2013
 
FATALITY

Rio Tinto Alcan employee killed

Aluminium specialist Rio Tinto Alcan on Tuesday said one of its employees passed away following an accident at its Alma facility, in Lac-Saint Jean, Quebec. Rio Tinto Alcan said it was conducting investigations in cooperation with the Quec...
1st May 2013
 
DIAMONDS

Rio Tinto opens $2.2bn Argyle underground mine

Diversified giant Rio Tinto on Tuesday officially opened its $2.2-billion Argyle underground diamond mine, in Western Australia. The miner said the move from openpit mining to an underground operation will extend the life of Argyle until at least...
30th April 2013
 
PRIVATE EQUITY

Upheaval in mining sector a test for private equity

With the world's largest miners flocking to sell assets, cost cuts across the industry and a virtual drought in buyers, private equity funds may finally be tempted into a sector long seen as potentially lucrative but risky. Industry veterans say...
29th April 2013
 
DIVERSIFIED MINERS

Rio Tinto aims to cut almost half of jobs at London HQ

Mining group Rio Tinto plans to almost halve the size of its London head office, according to an internal memo seen by Reuters, cutting more than 200 jobs as it tries to slash more than $5-billion in costs by the end of next year. Rio has been...
29th April 2013
 
IRON-ORE

Mining magnate Motsepe eyes Guinea iron-ore

Patrice Motsepe, the South African mining magnate and executive chairperson of African Rainbow Minerals has plans to invest in Guinea's iron-ore industry, he told reporters after meeting Guinea's president Alpha Conde on Friday. Motsepe, South...
29th April 2013
 
COPPER

Rio Tinto to resume loading at Utah copper mine

Rio Tinto's Kennecott Utah Copper expects to begin transporting copper ore to the concentrator at its Bingham Canyon mine in the next few days, after a landslide forced it to stop operations. A spokesperson for the company said crushers, tunnels...
26th April 2013
 
 
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