at the very Core of it all … is Content!
Rio Tinto has completed the sale of its 50.1 per cent interest in the Clermont Joint Venture to GS Coal Pty Ltd, a company jointly owned by Glencore and Sumitomo Corporation, for US$1.015 billion. Under the terms of the sale, Glencore has now taken over management of Clermont Mine, which produces thermal coal in central …
Michael L’Estrange AO will join the Rio Tinto board as a non-executive director on 1 September 2014. Professor L’Estrange has had a long and distinguished career at the highest levels of public policy in Australia, with a particular focus on international relations and diplomacy. Starting his career in the Department of Prime Minister and Cabinet, …
Rio Tinto has appointed Alfredo Barrios as chief executive of its Aluminium business. He will succeed Jacynthe Cote who will leave the business for personal reasons to pursue other interests. Alfredo will assume the role on 1 June 2014 and join the Executive Committee on this date. He will be based in Montreal, subject to …
Today in Conakry, the Government of Guinea and its partners, Rio Tinto, Chinalco and the IFC, signed the Investment Framework (“IF”) for blocks 3 and 4 of Simandou, the Project, which will be the largest combined iron ore and infrastructure project ever developed in Africa, providing Guinea with the opportunity to reap the benefits of …
26 May 2014 Rio Tinto Diamonds is bringing the mine to the marketplace by using innovative Oculus Rift technology to provide an interactive virtual journey into its Diavik Diamond Mine in the remote Northwest Territories of Canada. The Oculus Rift will debut at the Rio Tinto booth at the world’s largest diamond jewellery trade show, the JCK Luxury …
LONDON – RJC is hosting a luncheon session on advances over the past year in responsible sourcing in the jewellery supply chain. Held at the JCK Las Vegas show, on Friday 30 May, all attendees are invited to hear how RJC Certified Members view the new RJC Code of Practices (COP) as a viable solution to …
Rio Tinto today filed a Complaint in the United States District Court for the Southern District of New York against the following defendants: Vale, S.A., Beny Steinmetz, BSG Resources Limited, BSG Resources (Guinea) Ltd. aka BSG Resources Guinée Ltd, BSGR Guinea Ltd. BVI, BSG Resources Guinée SARL aka BSG Resources (Guinea) SARL aka VBG-Vale BSGR …
Rio Tinto chief executive Sam Walsh said “Rio Tinto has started the year with a series of performance records as we continue to drive productivity gains across our operations. Our Pilbara iron ore business has again set new benchmarks for production, shipments and rail volumes for the first quarter and we are well on track …
Rio Tinto will gift its 19.1 per cent shareholding in Northern Dynasty Minerals Ltd (Northern Dynasty), owner of the Pebble Project, to two local Alaskan charitable foundations. The decision follows the strategic review announced last year of Rio Tinto’s interest in Northern Dynasty which concluded the Pebble Project does not fit with Rio Tinto’s strategy. …
Rio Tinto has published its latest ‘Taxes paid report’ which details the US$7.5 billion of taxes the company paid around the world in 2013. The company also paid US$1.9 billion of taxes on behalf of its employees. The voluntary annual report details all individual payments more than US$1 million made to governments in the countries …