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Topic: Rio Tinto


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In the News (Tue 7 Jul 09)

  
  Rio Tinto
Rio Tinto encourages strong local identities and has a devolved management philosophy, entrusting responsibility with accountability to the workplace.
Rio Tinto is also a significant energy producer, providing low-sulphur steam coal to power stations that supply homes, businesses and industries in the US, Australia and elsewhere, and metallurgical coking coal to iron and steel mills in Asia and Europe.
Rio Tinto is the world's second largest producer of iron ore. We produced more than 50 million tons of iron ore a year before acquiring the iron ore assets of North Limited of Australia in 2000.
company.monster.com /riotinto   (936 words)

  
 Rio Tinto
Rio Tinto also holds the Kintyre uranium lease in Rudall River National Park in Western Australia, on 'Care and Maintenance' owing to the uncertain political and economic circumstances in the industry.
Rio Tinto survives and prospers because it is a corporation with financial and political influence.
Rio Tinto is now facing major legal liability from ex-workers, their families and their communities for cancer risk exposure and other major health and environmental problems.
www.anawa.org.au /industry/riotinto.html   (1114 words)

  
 CorpWatch : Rio Tinto: Global Compact Violator
In particular, there is evidence that Rio Tinto, at its PT Kelian mine in Kalimantan, has violated Principle 1 ("support and respect the protection of internaiotna human rights with in their sphere of influence") and Principle 8 (undertake initiatives to promote grreater environmental responsibility) of the Global Compact.
Rio Tinto and the Indonesian Forum on the Environment, known by its acronym WALHI, were parties to this agreement.
Rio Tinto also is accused of environmental abuses affecting the health of the surrounding community.
www.corpwatch.org /article.php?id=622   (1565 words)

  
 An MBendi Profile - Organisation: Rio Tinto Plc
Rio Tinto is a diversified resource company producing a wide range of commodities from quality assets spread throughout the world.
Kennecott Utah Copper is a subsidiary of Rio Tinto and operates the Bingham Canyon Mine in Utah.
Rio Tinto operates the Empress nickel refinery in Zimbabwe on a toll basis.
www.mbendi.co.za /orgs/ci1m.htm   (1261 words)

  
 Rio Tinto's 'most shameful practices'
On the industrial relations front, Rio Tinto is deliberately seeking to eliminate trade union organisations in many of its establishments.
Rio Tinto is also being taken to court in the United Kingdom by workers accusing it of being responsible for the cancers they contracted while working in mines in Namibia.
Denouncing Rio Tinto's business practices, and in particular the enterprises attempts to individualise labour relations, which undermines the very existence of the trade union movement, the ICFTU General Secretary wrote to his affiliated organisations in the countries concerned to ask them to support the campaign.
www.minesandcommunities.org /Company/rio10.htm   (851 words)

  
 Rio Tinto   (Site not responding. Last check: 2007-09-18)
The Earthwatch Institute (Europe) and Rio Tinto, the world leader in finding, mining and processing mineral resources, are pleased to announce a renewed three year global partnership.
More than 60 Rio Tinto employees have participated in biodiversity field projects ranging from the conservation of frogs in Australia to forest fragment viablity in Brazil.
Earthwatch and Rio Tinto plan to move forward in developing new scientific field research projects in areas which are operationally relevant to Rio Tinto.
www.uk.earthwatch.org /Europe/news/riotinto.htm   (317 words)

  
 Rio Tinto Gets A New CEO - Forbes.com   (Site not responding. Last check: 2007-09-18)
Investors seemed pleased with the new appointment, and sent shares in Rio Tinto (nyse: RTP - news - people) 3.1% or 85 pence ($1.68) higher to £28.44 ($56.05) by mid-afternoon on Tuesday in London.
Recently Rio Tinto took a strategic stake in Canada's Ivanhoe Mines (nyse: IVN - news - people) with the aim of scouring copper and gold reserves in Mongolia.
Rio Tinto Group is made up of dual-listed sister companies Rio Tinto Limited, in Melbourne, and Rio Tinto plc, in London.
www.forbes.com /2006/12/05/rio-tinto-ceo-face-cx_po_1205autofacescan01.html   (497 words)

  
 www.mineweb.net | ferro_alloys Rio Tinto, CVRD rated highly by S&P and Fitch on iron ore and base metals mining   (Site not responding. Last check: 2007-09-18)
Rio’s financial risk profile will remain strong, despite a $3 billion increase in the group’s capital management program to $7 billion, which will be returned to shareholders through an extended share buyback program.
Rio’s policy of favoring organic growth and development in lieu of pursuing large-scale acquisitions drew praise from the analysts.
Rio Tinto is the world’s second largest iron ore miner and fifth-largest copper producer.
www.mineweb.net /ferro_alloys/442067.htm   (954 words)

  
 [No title]
Rio Tinto has operations in 40 countries around the world, employing more than 34,000 people with net earnings of $1.2 billion last year in an industry with high environmental and health impacts.
The ruddy color of the Rio Tinto arises from acidic water dissolving the rusty, oxidized iron that coats the river's glistening yellow riverbed and banks.
Amaral Zettler first collects samples of the Rio Tinto's sediment, and biofilm, the slime composed of densely packed living and dead organisms that coats the surface of the river's water and rocks.
www.lycos.com /info/rio-tinto.html   (578 words)

  
 Help | Privacy and Terms & Coniditions | Rio Tinto Coal Australia | A Member of the Rio Tinto Group
Rio Tinto Coal Australia has made reasonable efforts to ensure that information provided on Rio Tinto Coal Australia's website on the internet is accurate at the time of inclusion.
Rio Tinto Coal Australia makes no representations or warranties of any kind about the information provided on its website or via hypertext links or any other item used either directly or indirectly from Rio Tinto Coal Australia's website and reserves the right to make changes and corrections at any time, without notice.
Rio Tinto Coal Australia usually collects information such as your name, address, telephone number, date of birth, occupation, gender and financial details relating to payment.
www.riotintocoalaustralia.com.au /help/privacy.asp   (793 words)

  
 Rio Tinto Minerals
Rio Tinto Minerals is the acknowledged world leader in developing industrial minerals - building blocks for life, and for products that contribute to better living - and in developing solutions to build our customers' businesses
Rio Tinto Minerals supplies nearly half the global demand for refined borates, key ingredients in fiberglass, glass, ceramics, fertlizers, wood preservatives and hundred of other products.
Rio Tinto Minerals is the world's largest salt exporter.
www.riotintominerals.com   (134 words)

  
 Rio Tinto in share buyback - Breaking News - Business - Breaking News
Major mining house Rio Tinto Ltd says it will increase its capital management program to $US7 billion ($A9.18 billion), with the additional cash return to be made through the buyback of shares.
Rio Tinto finance director Guy Elliott said the current booming climate allows the company to grow the business and return cash to shareholders.
Rio has already returned $US1.5 billion ($A1.97 billion) to shareholders in the form of a special dividend in April, with a further $US1.9 million ($A2.49 million) returned through the buyback of shares in the London market.
www.theage.com.au /news/Business/Rio-Tinto-in-share-buyback/2006/10/27/1161749303423.html   (244 words)

  
 Ivanhoe Mines: Rio Tinto to commit $1.5B - Boston.com
Ivanhoe Mines said Wednesday that London-based mining company Rio Tinto PLC plans invest up to $1.5 billion to develop Ivanhoe's Mongolian copper and gold resources, in a deal that will see it take an eventual 33.4 percent stake in the Vancouver-based company.
Under the deal, Rio Tinto is required to make an immediate equity investment in Ivanhoe of about $303 million, which could increase to about $1.5 billion.
Rio Tinto will take up an initial private placement of 37.1 million Ivanhoe shares at $8.18 each, a 25 percent premium over Ivanhoe's Tuesday close of $6.53 on the New York Stock Exchange.
www.boston.com /business/articles/2006/10/18/ivanhoe_mines_rio_tinto_to_commit_15b   (400 words)

  
 FOXNews.com - Rio Tinto Profit Up 42 Percent in 2006 - Business And Money | Business News | Financial News
Rio Tinto, the world's second biggest iron ore producer, said underlying earnings _ which excludes one-off items such as asset sales _ rose 48 percent to $7.34 billion.
Rio Tinto said acute shortages of mining equipment and skilled workers in the industry are driving up costs, particularly at its iron ore operations in the Pilbara region in Australia's remote northwest.
Rio Tinto's biggest earner was its copper division, which contributed $3.56 billion to net earnings, up 76 percent on last year.
www.foxnews.com /wires/2007Feb01/0,4670,EarnsAustraliaRioTinto,00.html   (497 words)

  
 Rio Tinto Litigation Lawsuit
Rio destroyed previously pristine rivers and land that provided substance and a way of life for the native people and went to the heart of their local culture.
Both Rio and PNG made enormous profits from the mine and were anxious for it to operate, notwithstanding the resistance of the island’s people.
Rio’s conduct violated the settled standards for the protection of human rights and the environment recognized by customary international law and United States legal precedent.
www.hagens-berman.com /rio_tinto_lawsuit   (508 words)

  
 Rio Tinto reports copper production fell - Boston.com
Rio Tinto PLC, the world's second-largest miner, said Wednesday that third-quarter refined copper production fell 15 percent after the company shut down a smelter at a mine in Utah.
Separately, Rio Tinto said it will invest up to $1.7 billion in Vancouver, British Columbia-based Ivanhoe Mines to help develop Mongolian copper-gold resources.
Rio Tinto shares gained 3.2 percent to close at 2,760 pence ($51.49) on the London Stock Exchange.
www.boston.com /business/articles/2006/10/18/rio_tinto_3q_refined_copper_output_down   (291 words)

  
 Life Under A Spanish Red River :: Astrobiology Magazine ::
Similar bacteria are in the very acidic Rio Tinto, and these microbes may play a role in producing acid in the river.
Scientists say evidence suggests the chemistry of the Rio Tinto and its biology may be a result of an underground, biologically-based, chemical reactor fueled by organisms that do not need oxygen gas to survive.
MARTE scientists propose that such a system may exist in the subsurface of the Rio Tinto area, according to Ricardo Amils Pibernat, a biologist at the Centro de Astrobiología and a specialist on the biology of the Rio Tinto.
www.astrobio.net /news/modules.php?op=modload&name=News&file=article&sid=424   (1234 words)

  
 Rio Tinto Mines, Huelva province, Huelva villages, Andalucía, Southern Spain
Several kilometres away is the Spanish town of Rio Tinto, built to replace an older settlement that was swallowed up by the mine's expansion.
A similar impact was made in the City of Huelva, which flourished as Rio Tinto's export harbour.
The Rio Tinto pier remains one of the city's greatest architectural monuments, along with the so-called barrio ingles, a small residential district built for British company workers.
www.andalucia.com /province/huelva/riotinto/home.htm   (771 words)

  
 About Rio Tinto
Over 5000 years of mining pollution have contributed to the river becoming an extreme environment, although the presence of chemolithotrophic organisms, such as iron-oxidizing bacteria and sulfur-oxidizing bacteria, are thought to be the true culprits to the river's condition.
The Rio Tinto holds a significant role in history as the birthplace of the Copper Age and Bronze Age.
Thought to be a close analog to that of the Martian subsurface, Rio Tinto’s extreme environment could also represent a unique biological setting to explore sulfur-based life on Europa.
serc.carleton.edu /microbelife/topics/riotinto/index.html   (464 words)

  
 RIO TINTO AUSTRALIA   (Site not responding. Last check: 2007-09-18)
Rio Tinto, through its wholly owned subsidiary, Capricorn Diamonds Investments Pty Limited, proposes to compulsorily acquire all of the outstanding units in Western Australian Diamond Trust that it does not already own, as permitted by the Corporations Law.
Rio Tinto despatched the Notice of Compulsory Acquisition and an Independent Expert's Report, prepared by AMC Corporate Pty Ltd, (an expert nominated by the Australian Securities and Investments Commission) to unitholders in the Western Australian Diamond Trust on Wednesday, 9 May 2001.
Rio Tinto Limited completed the acquisition of all of the issued shares in Ashton in January 2001.
www.riotinto.com.au /WADT/home.asp   (233 words)

  
 Rio Tinto hikes bid for mining rival - Aug. 3, 2000
LONDON (CNNfn) - Rio Tinto PLC, the world's second-biggest mining company, raised its offer for Australia's North Ltd, on Thursday, intensifying the takeover battle for the iron ore and forestry firm.
Rio Tinto increased its bid for North to 4.75 per share Australian dollars ($2.77 per share), valuing the company at 3.5 billion Australian dollars ($2.04 billion).
Rio Tinto said the unconditional offer is expected to be endorsed by North's board of directors.
money.cnn.com /2000/08/03/asia/rio_tinto   (412 words)

  
 Friends of the Earth: Press Release: ABORIGINES CHALLENGE RIO TINTO
Mining giant Rio Tinto is being challenged to abandon a proposed uranium mine in the heart of an Australian national park, after local aborigines made it clear that they opposed the project.
Rio Tinto said it would not go ahead with the proposed Jabiluka uranium mine in the Kakadu National Park without permission from the Mirrar aboriginal people.
The Mirrar are now challenging Rio Tinto to rehabilitate the mining site, where there is a 1.2km underground tunnel, and incorporate the land into Kakadu National Park, featured in the ‘Crocodile Dundee’ films.
www.foe.org.uk /pubsinfo/infoteam/pressrel/2002/20020905144845.html   (330 words)

  
 Rio Tinto Diamonds | Home
Rio Tinto Diamonds was established in June 2002 to provide a sales and marketing service for all diamond business in the Rio Tinto Group...
Rio Tinto Diamonds' business model is to sell rough diamonds to the wholesale diamond trade....
Rio Tinto Diamonds, India launches a Business Excellence Model for the Diamond and Jewellery Industry...
www.riotintodiamonds.com   (107 words)

  
 Rio Tinto names new CEO - Business - Business - theage.com.au
Major mining house Rio Tinto has appointed American Tom Albanese to succeed to chief executive Leigh Clifford, who is retiring after more than 37 years at the company.
Prior to joining Rio Tinto, Mr Albanese held a number of positions with US company Nerco Minerals and was chief operating officer at the time of its acquisition by Rio Tinto in 1993.
Mr Albanese was appointed to the Rio Tinto board in March.
www.theage.com.au /news/business/rio-tinto-names-new-ceo/2006/12/06/1165081008212.html   (482 words)

  
 Rio Tinto in the Ascendant
When this evidence was presented to the Rio Tinto board at the 1993 shareholders meeting, the company claimed not to be aware it was trespassing on a protected area ("bosque") - in any case it was "against company policy" to do so.
When conclusive evidence was presented that this was precisely what the company was doing, Rio Tinto withdrew from Podocarpus (in the meantime having itself sponsored a small scale miners' cooperative operating within the park boundaries).
To Rio Tinto, of course, it's all par for the course.
www.minesandcommunities.org /Action/press1272.htm   (619 words)

  
 RIO TINTO LTD - RTNTF Report of Foreign Issuer (6-K) EXHIBIT 99.3
Rio Tinto plc dividends are declared and paid in pounds sterling and Rio Tinto Limited dividends are declared and paid in Australian dollars, converted at exchange rates applicable on Tuesday, 28 January 2003.
Rio Tinto currently has a number of brownfield developments under way and is evaluating the expansion of other operations.
The accounts of Rio Tinto plc and Rio Tinto Limited for 2001 were the subject of an unqualified audit report and have been delivered to the Registrar of Companies in the UK and the Australian Securities and Investments Commission, respectively.
sec.edgar-online.com /2003/02/03/0001021231-03-000191/Section5.asp   (11383 words)

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