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Stock Market & Financial Investment News

News Breaks
February 4, 2013
06:34 EDTRIOMongolian president wants greater control of Rio Tinto project, Bloomberg says
Mongoliaís President Tsakhia Elbegdorj said the nation should have more control of Rio Tinto Groupís (RIO) Oyu Tolgoi copper and gold project after the government said costs had increased to $24.4B, reports Bloomberg. Rioís earlier estimate for total cost was $14.6B, according to a government statement. 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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