PERTH, AUSTRALIA — (Marketwired) — 06/27/13 — Researched by Industrial Info Resources Australia (Perth, Australia) — (NYSE:RIO) has decided to subvert its planned sale of a in Western Australia, which was meant to fetch an estimated $1.3 billion for the company. It was supposed to be a part of a string of planned sales — including Rio-s coal, iron ore and copper assets — that would help the company reduce its net debt of $19 billion.Other companies featured: (NYSE:BHP), (NYSE:DDC)For
PERTH, AUSTRALIA — (Marketwired) — 05/03/13 — Researched by Industrial Info Resources Australia (Perth, Australia) — The Hope Downs 4 in Western Australia is nearing completion, with first ore leaving the mine site in April 2013. The mine and processing plant is about 35 kilometres northwest of the mining town of Newman, with a fly-in-fly-out workforce. The project was developed as a 50:50 joint venture between (NYSE:RIO) and Hancock Prospecting Pty Limited.For details, view the entire ar
SUGAR LAND, TX — (Marketwire) — 09/21/12 — Commodity prices have dropped off highs reached in 2011. Reports continue to stack up regarding Chinese reduction in demand and production for mined resources such as iron ore and coal. The mining boom in Australia has slowed and some of the big mining companies like Rio Tinto (NYSE:RIO), BHP (NYSE:BHP) and Fortescue Metals Group (ASX:FMG) have announced reduction in capital expenditures as a result.This is coming at a time when construction activit
JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 08/16/12 — Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas) — Despite the fact that profit was down 22% for the first half of 2012, (NYSE:RIO) (London, England), the third-largest global company, will maintain its capital expenditure target for the full 2012 year at $16 billion. Profits were negatively affected by reduced prices for iron ore, copper and aluminum, and rising costs for ope
PERTH, AUSTRALIA — (Marketwire) — 06/29/12 — Researched by Industrial Info Resources (Perth, Australia) — While the majority of the world-s developed economies continue to struggle in the aftermath of the global financial crisis, which many commentators believe continues today, the has continued to flourish, especially in Australia. With record commodity prices, particularly for iron ore, coal and gold, the world-s biggest miners, including (NYSE:BHP) (Melbourne, Australia) and (NYSE:RIO)
SUGAR LAND, TX — (Marketwire) — 06/12/12 — Researched by Industrial Info Resources (Sugar Land, Texas) — The increasing global demand for steel is driving billions of dollars in investment in iron ore mines and port facilities in Canada. In particular, northern Quebec and Labrador are home to a great deal of iron ore mine construction and expansion projects.The actual extraction of the iron ore is only one part of a larger equation, however — the other large variable being transportation
