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Stock Market & Financial Investment News

News Breaks
November 28, 2012
18:05 EDTRIORio Tinto is continuing its drive for further cost reductions
Rio Tinto's planned spending on exploration and evaluation projects will be reduced by $1B over the remainder of 2012 and 2013. Capital expenditure on approved and sustaining projects will taper off from current levels in 2013sustaining capital expenditure will reduce by more than $1B next year.
News For RIO From The Last 14 Days
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September 2, 2014
11:43 EDTRIOAnglo American open to takeover proposals, CEO says, WSJ reports
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10:46 EDTRIOAnglo American CEO sees iron-ore prices under pressure, WSJ says
The CEO of miner Anglo American (AAUKY) Mark Cutifani said he is worried about the outlook for iron-ore, says the Wall Street Journal. In spite of concerns about an iron-ore glut, the company intends to press on with the Minas-Rio iron-ore project in Brazil , added the Wall Street Journal. Publicly traded companies in the space include Vale (VALE),Cliffs Natural Resources (CLF), Rio Tinto (RIO), and BHP Billiton (BHP). Reference Link
August 20, 2014
09:17 EDTRIOCloud Peak announces termination of TRA with Rio Tinto
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