December 8, 2015
Rio Tinto axes spending forecast by $1.5 billion
Once again the world's second largest mining company has cut its spending forecast for 2016, as iron ore hit new lows.
December 8, 2015
Once again the world's second largest mining company has cut its spending forecast for 2016, as iron ore hit new lows.
December 7, 2015
Aiming to become the premier technology innovation event for the resources sector in Australia, Unearthed Demo Day will showcase some of the sector’s most exciting technology startups and facilitate a…
December 7, 2015
Back in February RIo Tinto's CEO said an iron ore price in the $30s could never happen.
December 7, 2015
The company wants an "indisputable and final" go-ahead for Carmichael, considered Australia’s largest thermal coal project ever.
December 7, 2015
The country's largest mining union said it had received notice from South32 about the planned cuts and wants the government to intervene.
December 7, 2015
The company will start cutting nearly 80% of its workforce at its Collinsville coal mine in March next year, as it dials back mining at the site.
December 4, 2015
One of the miner’s worst kept secret may be revealed as soon as Tuesday.
December 4, 2015
It hit $39.40 a tonne, the lowest price ever recorded by price assessor The Steel Index (TSI), which began compiling data in 2008.
December 4, 2015
That is more than double the profits reaped in 2014.
December 4, 2015
The price of iron fell again on Thursday stopping barely above $40 a tonne, but Rio's new high-grade Pilbara mine will ensure its costs keep falling.
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