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News Breaks | | | | January 31, 2013 | | 06:12 EDT |  | RIO | Rio Tinto says on track with Mongolia mine, FT reports
Rio Tinto (RIO) says it is on track to start production at its copper-gold mine in Mongolia by mid-2013, playing down reports it might suspend activity at $6.2B Oyu Tolgoi project, reports the Financial Times. Reference Link | |
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News For RIO From The Last 14 Days Check below for free stories on RIO the last two weeks. |
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| May 14, 2013 | | 09:38 EDT |  | RIO | Rio Tinto downgraded to Equal Weight from Overweight at Barclays
 Subscribe for More Information | | | 07:29 EDT |  | RIO | BofA/Merrill to host a conference
Subscribe for More Information | | | May 10, 2013 | | 05:53 EDT | | RIO | Carlyle Group bids on stake Rio Tinto Australian copper mine, Reuters reports
The Carlyle Group (CG) submitted a bid for Rio Tinto's (RIO) 80% stake in the Northparkes copper mine in Australia, sources say, reports Reuters. Analysts have suggested Rio Tinto could receive up to $1B for the mine. Reference Link | | | May 9, 2013 | | 07:57 EDT | | RIO | Rio Tinto CEO defends iron ore expansion criticized by holders, FT says
Subscribe for More Information | | | 07:12 EDT | | RIO | Miners' asset sale attracts private equity, Bloomberg reports
Subscribe for More Information | | | May 8, 2013 | | 05:47 EDT | | RIO | Rio Tinto sees record iron sales to China, WSJ reports
Rio Tinto (RIO) expects its iron ore sales to China to rise to a record this year due to the country's increasing demand for steel, according to Alan Smith, president of Rio Tinto Iron Ore Asia, reports the Wall Street Journal. He said China's demand for steel is expected to rise at a compound annual growth rate of 3% in the next decade.Reference Link | | | May 7, 2013 | | 07:10 EDT | | RIO | Rio Tinto to pursue $5B iron ore expansion despite glut, Bloomberg reports
Subscribe for More Information | | | 06:07 EDT | | RIO | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Some of the world's biggest handset makers and telecom carriers are embracing alternative mobile operating systems this year in an attempt to become credible challengers to smartphones run by Apple (AAPL) and Google (GOOG), the Wall Street Journal reports...JPMorgan Chase (JPM) has yet to persuade three of its largest shareholders--BlackRock (BLK), Vanguard Group and Fidelity Investments--to back the company in a coming vote over whether James Dimon should retain his dual role of chairman and CEO, the Wall Street Journal reports...REUTERS: SoftBank (SFTBF) President Masayoshi Son said he will go to the U.S. today to meet Sprint Nextel’s (S) major shareholders about the Japanese company's takeover bid, after rival bidder Dish Network (DISH) said a U.S. company would make a better suitor., Reuters reports...Microsoft (MSFT) has sold 100M Windows 8 licenses in the six months since launch, but wants to combat sputtering interest in its flagship software with a substantial update to make it easier to use, and compatible with smaller tablets, Reuters reports...BLOOMBERG: Rio Tinto (RIO) will likely pursue a $5B expansion of its iron ore output in Australia, CEO Sam Walsh said, according to two people present at a meeting with investors and analysts, Bloomberg reports...Saudi Arabia, home to the biggest Arab bourse, seeks to boost institutional investments in its $390B stock market as the top OPEC producer weighs plans to allow foreigners to buy shares directly, Bloomberg reports. | | | May 6, 2013 | | 10:32 EDT | | RIO | Rio Tinto CEO cites need to cut costs in 'tough times', Bloomberg says
Rio Tinto's CEO Sam Walsh said the company needs to cut costs to remain competitive amid a global slowdown which has impacted its aluminum, coal and uranium businesses, says Bloomberg, citing an interview. Reference Link | |
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