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Stock Market & Financial Investment News

News Breaks
May 28, 2014
06:25 EDTRIORio Tinto to cut 300 jobs at Mongolia copper mine, Reuters reports
Rio Tinto plans to cut around 300 jobs at its Oyu Tolgoi copper and gold mine in Mongolia, reports Reuters. According to an Oyo Tolgoi employee who declined to be named, the company sent a memo to its staff that said "Given where we are now in the lifecycle of our project and the urgent need to reduce our costs, it is critical to the success of the business to address this now." Reference Link
News For RIO From The Last 14 Days
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July 30, 2014
06:05 EDTRIORio Tinto to sell coal assets in Mozambique to ICVL for $50M
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July 23, 2014
06:13 EDTRIORio Tinto says Chinese demand for iron ore 'strong,' Daily Telegraph says
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