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Colin Bennett

LONDON -(Dow Jones)- Chinese demand for commodities, and copper in particular, won't disappear but will moderate in the near term, Bret Clayton, chief executive of copper at Rio Tinto PLC (RTP) said Wednesday.

Tags: china copper rio tinto trends on 10-02-2008 -Cached -About Shared by:Colin Bennett

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Colin Bennett

BRUSSELS, Belgium (AP) - European antitrust regulators said Monday they had restarted a probe into miner BHP Billiton's hostile bid for rival Rio Tinto Inc., setting a new deadline to rule on it by Jan. 15.

Tags: bhp copper rio trends on 09-30-2008 -Cached -About Shared by:Colin Bennett

more from news.moneycentral.msn.com

Colin Bennett

Tom Albanese took over last year as the head of one of the world's biggest mining groups. But after an aggressive start to his tenure with the $44bn acquisition of aluminium group Alcan, the 50-year-old chief executive found himself on the defensive after another mining heavyweight - Marius Kloppers of BHP Billiton - launched a $160bn hostile bid for Rio Tinto.

Tags: bhp mining rio trends on 09-22-2008 -Cached -About Shared by:Colin Bennett

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Colin Bennett

Rio Tinto and General Electric today announced that they are working together on two key strategic technology projects, Rio Tinto’s ‘Mine of the Future™’ and GE’s ‘Ecomagination’”, to develop the most energy efficient and ecologically friendly solutions to support the future of mining.

Tags: mining rio on 09-18-2008 -Cached -About Shared by:Colin Bennett

more from riotinto.msgfocus.com

Colin Bennett

Rio Tinto has announced the return to service of its Car Dumper 2 at Cape Lambert and the resumption of full operations at the port.

Tags: mining rio trends on 09-16-2008 -Cached -About Shared by:Colin Bennett

more from riotinto.msgfocus.com

Colin Bennett

It has suffered a savage de-rating in the past couple of months, going from stock market darling to pariah. The Datastream UK mining index has fallen 30 per cent since the start of July and over the past couple of weeks the selling has accelerated. Halfway through September and the mining sector has already witnessed its sharpest monthly decline since 1997, according to Cazenove

Tags: bhp copper mining rio trends on 09-13-2008 -Cached -About Shared by:Colin Bennett

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Colin Bennett

LONDON -(Dow Jones)- Anglo-Australian mining giant Rio Tinto PLC (RTP) expects historically high levels of copper supply disruptions to keep the market tight in the coming years, Chief Executive for copper Bret Clayton said Thursday.

Tags: mining rio trends on 09-13-2008 -Cached -About Shared by:Colin Bennett

more from news.morningstar.com

Colin Bennett

BRUSSELS -- European Union antitrust regulators said Tuesday that they had put on hold an antitrust probe into miner BHP Billiton's bid for rival Rio Tinto Inc. because the companies have not provided information.

Tags: bhp mining rio on 09-04-2008 -Cached -About Shared by:Colin Bennett

more from www.miamiherald.com

Colin Bennett

Rio Tinto has signed two exploration joint venture agreements with CODELCO's 100% owned subsidiary, CCM Los Andes, in Chile. These agreements follow the first exploration joint venture agreement signed between Rio Tinto and CODELCO in January 2008. CODELCO is the world's largest copper producer.

Tags: codelco mining rio on 09-02-2008 -Cached -About Shared by:Colin Bennett

more from www.riotinto.com

Colin Bennett

Chinese aluminium maker Chinalco may increase its minority stake in Anglo-Australian miner Rio Tinto if market conditions are right, but has no timetable for such a move, its president said on Monday.

Tags: mining rio on 09-02-2008 -Cached -About Shared by:Colin Bennett

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Emil Milker

LONDON (Thomson Financial) - EMED Mining (News) Public Ltd., a European-based minerals exploration and development company, said Spain’s largest mine, the Rio Tinto (News) (News/Aktienkurs) Mine, is advancing towards copper production restart. The AIM-listed company said in its mining quarterly report, for the three months to June that recruitment of a large workforce and mobilisation of a mining contractor is expected to proceed in the first half of 2009 and production six months later.

Tags: copper mining rio tinto on 08-26-2008 -Cached -About Shared by:Emil Milker

more from worldminingexplorationnews.com

William Pratt

Tags: copper mining rio tinto trends on 08-26-2008 -Cached -About Shared by:William Pratt

more from www.riotinto.com

Emil Milker

Australia`s competition regulator on Friday identified iron-ore as a potential major concern in evaluating mining giant BHP Billiton`s US$128 billion bid for rival Rio Tinto and said it would make a final ruling on the hostile takeover by October 1. The Australian Competition and Consumer Commission (ACCC) devoted most of its nine-page "statement of issues" to the proposed deal`s likely impact on the iron ore trade and, in particular, on Australian steel-makers. Rio Tinto and BHPB are the world`s second and third largest iron-ore producers, respectively, behind Brazil`s Vale. But the ACCC saw no major competition issues surrounding trade in copper, gold, uranium, bauxite and alumina.

Tags: bhp mining rio tinto on 08-22-2008 -Cached -About Shared by:Emil Milker

more from www.mining-journal.com

Emil Milker

Mining giants BHP Billiton and Rio Tinto should post record half-year profits as they reap the benefits of an industrial commodities boom, and are likely to use the results to bolster their arguments in a $123 billion (66 billion pound) takeover stand-off. Both are also likely to outline big expansions in key profit sectors such as copper and iron ore, where analysts predict higher prices next year on the back of strong demand for imported raw materials from China's industrial sector. Consenus figures based on forecasts by 20 analysts and provided by BHP point to a 12 percent rise in annual net profit to $15.4 billion, suggesting second-half profit will have risen 30 percent to $9.4 billion from $7.2 billion previously. Analysts polled by Reuters Estimates forecast Rio's January-June underlying profit will have risen 40 percent to $5.2 billion. BHP's financial year ends June 30, while Rio follows the calendar year.

Tags: bhp china copper rio tinto on 08-15-2008 -Cached -About Shared by:Emil Milker

more from www.iht.com

Colin Bennett

It is getting on for a year since Rio rejected BHP’s initial proposal out of hand.

Tags: mining rio trends on 08-05-2008 -Cached -About Shared by:Colin Bennett

more from www.ft.com

Colin Bennett

It hopes to start production by 2020 and gradually increase it to about 560,000 U.S. tons of copper per year.

Tags: mining rio on 08-05-2008 -Cached -About Shared by:Colin Bennett

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Colin Bennett

The BBC's business editor Robert Peston talks to Rio Tinto's influential chairman, Paul Skinner.

Tags: mining rio trends on 08-04-2008 -Cached -About Shared by:Colin Bennett

more from news.bbc.co.uk

Colin Bennett

LONDON (Reuters) - Copper prices could hit fresh record highs this year as the Chinese economy continues to expand despite a slowdown in the United States, the chief economist of miner Rio Tinto (RIO.L: Quote, Profile, Research) said on Thursday.

Tags: price rio trends on 07-11-2008 -Cached -About Shared by:Colin Bennett

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Colin Bennett

BHP Billiton, the Australian mining company, on Thursday said US antitrust authorities had largely cleared its proposed $170bn acquisition of rival Rio Tinto.

Tags: bhp mining rio trends on 07-03-2008 -Cached -About Shared by:Colin Bennett

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Colin Bennett

The boss of mining firm Rio Tinto has spoken of its ''great prospects'' as it fends off a rival takeover bid from BHP Billiton.

Tags: mining rio trends on 06-20-2008 -Cached -About Shared by:Colin Bennett

more from news.bbc.co.uk

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