LYCOS RETRIEVER 
Rio Tinto: Companies
built 277 days ago
Mining giant Rio Tinto may be UK-based, but its operations make it truly a global company. The group has a solid reputation, mining aluminium, copper, gold, diamond, iron and lead. The majority of earnings come from the base metal side of the group. Currencies are a big influence of earnings each year.
Source:
Rio Tinto’s shares rose 7.5% primarily after a Beijing-based magazine reported that China’s sovereign wealth fund, China Investment Corp., was planning to join the country’s largest steelmaker Baosteel Group and other steel companies in a $200 billion bid for Rio Tinto. A CIC spokeswoman said the report was not true.
Source:
Anglo-Australian resources giant Rio Tinto expects the markets for its metal products to remain tight in 2006, with prices remaining above long-term trends, chairman Paul Skinner said in the company's annual report, released Monday. "We are continuing to experience strong short-term demand for our metal and mineral products," he said.
Source:
On February 9, 2005, Norsemont entered into an option agreement with Rio Tinto. Norsemont may earn an initial undivided 51% interest in Constancia by making property payments of US$ 5 million, completing work expenditures of US$ 7.8 million and issuing 1.25 million common shares of the company over a five year period ending on October 31, 2009. The payments may be accelerated by the company.
Source:
In 1997 alone, workers in Australia, Brazil, Indonesia, Norway and Portugal took industrial action over Rio Tinto's "de-unionisation" policy. Over the years the company and its many subsidiaries has ... faced protests from indigenous peoples in Brazil, New Zealand, the United States, Canada, Indonesia and Australia.
Source:
MORE ABOUT
Companies