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Stock Market & Financial Investment News

News Breaks
June 4, 2014
09:06 EDTRIORio Tinto completes drilling on Saskatchewan C-5 uranium property
Pistol Bay Mining reports that Rio Tinto Exploration Canada has completed the planned FY14 winter diamond drill program and gravity survey on Pistol Bay Mining C-5 property, located in the Athabasca basin, Saskatchewan. The FY14 winter drilling program consisted of six diamond drill holes totalling 3,344 metres. This drill program followed up the FY13 drill program which consisted of 6 drill holes, totalling 2,760 metres.
News For RIO From The Last 14 Days
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May 26, 2015
15:41 EDTRIOChina could target Cameco, Rio Tinto uranium assets, Financial Post says
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May 19, 2015
05:46 EDTRIORio Tinto and Mongolia sign Oyu Tolgoi development and financing plan
The government of Mongolia, Turquoise Hill Resources and Rio Tinto signed the Oyu Tolgoi Underground Mine Development and Financing Plan. The plan addresses the key outstanding shareholder issues and sets out an agreed basis for the funding of the project. With a new pathway to development of the underground mine agreed, the focus now shifts to finalising the project finance, the feasibility study and securing all necessary permits so that the underground mine development can proceed. he construction of the first phase of the pioneering Oyu Tolgoi project the open-pit mine was completed on schedule in less than 24 months. The operation celebrated one million tonnes of copper concentrate shipped in March 2015, less than two years after the first production left the mine. Oyu Tolgoi has a workforce that is 95 per cent Mongolian and Oyu Tolgoi LLC has paid $1.3 billion in taxes, fees and other payments to date. Reference Link
May 17, 2015
17:33 EDTRIORio Tinto seeks buyer for Pacific Aluminum, FT says
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