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Stock Market & Financial Investment News

News Breaks
April 3, 2012
05:46 EDTRIO, FTEOrange wins global networking and security contract with Rio Tinto
International mining group Rio Tinto (RIO) has awarded Orange Business Services a five-year contract to deliver global networking and security services to more than 280 Rio Tinto sites around the world. The services support users in both global offices as well as remote mining locations such as Canga East in Guinea, Ulaanbaatar in Mongolia and Almaty in Kazakhstan. This new contract will consolidate IT infrastructure, enhance network performance and further integrate global resources cost effectively. Building on a 10-year working partnership between the two companies, this contract will allow further consolidation of IT infrastructure and services while addressing developing business requirements and improving agility and flexibility. Orange Business Services is a unit of France Telecom (FTE).
News For FTE;RIO From The Last 14 Days
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May 26, 2015
15:41 EDTRIOChina could target Cameco, Rio Tinto uranium assets, Financial Post says
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May 19, 2015
05:46 EDTRIORio Tinto and Mongolia sign Oyu Tolgoi development and financing plan
The government of Mongolia, Turquoise Hill Resources and Rio Tinto signed the Oyu Tolgoi Underground Mine Development and Financing Plan. The plan addresses the key outstanding shareholder issues and sets out an agreed basis for the funding of the project. With a new pathway to development of the underground mine agreed, the focus now shifts to finalising the project finance, the feasibility study and securing all necessary permits so that the underground mine development can proceed. he construction of the first phase of the pioneering Oyu Tolgoi project the open-pit mine was completed on schedule in less than 24 months. The operation celebrated one million tonnes of copper concentrate shipped in March 2015, less than two years after the first production left the mine. Oyu Tolgoi has a workforce that is 95 per cent Mongolian and Oyu Tolgoi LLC has paid $1.3 billion in taxes, fees and other payments to date. Reference Link
May 17, 2015
17:33 EDTRIORio Tinto seeks buyer for Pacific Aluminum, FT says
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