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Stock Market & Financial Investment News

News Breaks
January 18, 2013
07:41 EDTRIORio Tinto's chairman to maintain push for diversification, FT says
Though Rio Tinto (RIO) has seen multiple acquisitions to diversify from its core iron ore business be written down significantly, with the latest writedown prompting the ouster of its CEO, Rio’s chairman Jan du Plessis says that the strategy remains unchanged, according to Financial Times. Among the top near term priorities for the company's new boss will be ensuring that its big development project in copper in Mongolia reaches production on schedule, the report noted. Reference Link
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September 21, 2014
13:21 EDTRIORio Tinto sees China and India as impetus for diamond demand, Bloomberg says
Rio Tinto sees China and India driving demand for diamonds as the middle class in those countries may double by 2015 compared with 2010, boosting demand for diamonds, says Bloomberg. Reference Link
September 16, 2014
07:43 EDTRIOAnglo American, Rio Tinto seen as potential targets for Glencore, FT says
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06:51 EDTRIOChina ban could hurt Australia coal exports, China Daily says
China's decision to ban imports of dirty coal starting in 2015 could significantly reduce the amount of coal that Australia exports to the Asian country, according to China Daily. BHP Billiton (BHP) and Rio Tinto (RIO) mine coal in Australia. Reference Link China ban could hurt Australia coal exports, China Daily says

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