Australia's Rio Tinto , and Hancock Prospecting will invest $1.61 billion to develop the Hope Downs 2 iron ore project in Western Australia's Pilbara region, Rio Tinto said on Tuesday.
PERTH, Australia--(BUSINESS WIRE)--Rio Tinto and Hancock Prospecting will invest $1.61 billion (Rio Tinto share $0.8 billion) to develop the Hope Downs 2 iron ore project in Western Australia's Pilbara region. The Hope Downs 2 project, to mine Rio Tinto and Hancock Prospecting's Hope Downs 2 and Bedded Hilltop deposits, has now received all necessary State and Federal Government approvals. The ...
Rio Tinto agreed to pay $138.75 million to resolve a class-action lawsuit that alleged the company concealed problems during the expansion of a giant copper mine in Mongolia.
Rio Tinto , agreed to pay $138.75 million to settle a lawsuit accusing the Anglo-Australian mining giant of defrauding investors by failing to disclose problems with its $7 billion underground expansion of the Oyu Tolgoi copper and gold mine in Mongolia, according to court records.
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HAVRE-SAINT-PIERRE, Canada--(BUSINESS WIRE)--Rio Tinto is investing CA$7.6 million in an industrial demonstration project to assess the integration of an ore sorting technology at its Lac Tio mine located in Havre-Saint-Pierre. The Government of Quebec will contribute CA$2.5 million to this initiative through its Support Program for the Scale-up of Mineral Processing or Primary Transformation f...
Global mining leader deploys iManage to enhance governance, knowledge management, and user experience Global mining leader deploys iManage to enhance governance, knowledge management, and user experience
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