News Articles for Rio Tinto

Three Perth-based junior miners have tapped investors for more than $10 million, while gold explorer Crusader Resources will raise up to $US15 million ($19 million) as the company seeks a dual listing on London's AIM.

Although now far from the political spotlight, Colin Barnett has warned of significant upheaval if the GST mess isn't sorted out.

Rio Tinto's full-year net profit has soared 90 per cent to $US8.76 billion ($A11.1 billion), helped by stronger iron ore and coal prices in 2017.

Robotic technology and the internet of things will dramatically change employment patterns, accident rates and digging costs in the mining industry over the next three years, business advisory firm BDO has boldly predicted.

Rio Tinto's decade-long move towards autonomous haulage has hit a big milestone, with 1 billion tonnes of iron ore and waste material now transported by driverless trucks.

The increasing uptake of automation, artificial intelligence, and digital technologies in the resources sector has led Core Skills to launch a pilot program designed for mining and energy employees.

The mining sector needs to embrace automation and address concerns of skills shortages as the industry outlook continues to improve, according to the latest mining business outlook report by Newport Consulting.

Rio Tinto has maintained its target for iron ore shipments in 2018 after hitting the lower end of its full-year guidance in 2017.

Alan Thomas faced a binary choice in 2015 to either wind down his business following the slowdown of activity in the company's prime north-west market, or reinvent his building enterprise.

Rio Tinto will increase the number of unmanned autonomous haul trucks it uses in the Pilbara by more than 50 per cent as part of a $500 million productivity drive in its iron ore business.

SPECIAL REPORT: Data from the annual BNiQ Search Engine biggest employers list suggests an economic recovery is under way as mining and civil contractors boost their workforce numbers.

The environmental watchdog has given the green light for BHP Billiton's planned 80 million tonnes per annum South Flank iron ore development, with first ore targeted in 2021.

Dutch company KOTUG and local subcontractor Westug have been selected to provide towage services for Fortescue Metals Group at Port Hedland, 18 months after the iron ore miner won a tender that broke BHP Billiton's monopoly at the port.

Fortescue Metals Group will appeal the Federal Court ruling granting exclusive rights to the Yindjibarndi people over Pilbara land where the company operates its Solomon hub, three weeks after the state government welcomed the decision.

Mining giant Rio Tinto has appointed former Anglo-American Plc executive Simon Thompson as its new chairman to succeed incumbent Jan du Plessis.

The Chinese government's environmental crackdown could provide a boost for the beleagured Sino Iron project, notwithstanding a recent adverse court ruling.

Proceeds raised during last weekend's Mining Emergency Response Competition Mining Emergency Response Competition in Perth have gone towards an emergency responder wellness app developed by support services provider Holyoake.

Rio Tinto has again extended its joint venture agreement with Chinese state-owned steel company Sinosteel to sell its Pilbara iron ore.

Australian shares have opened stronger thanks to a lift in some commodity prices and fresh gains on Wall Street overnight.

The share market has edged higher due to modest gains in most sectors, while the Reserve Bank's concerns about slow wages growth have driven the Australian dollar to a five-month low.

China's great environmental clean-up is starting to produce knock-on effects in Western Australia, with none more interesting than the ‘quality clash' in the iron ore sector.

Australian shares have reversed Monday's losses and opened stronger following positive finishes in the US overnight.

Better-than-expected US company earnings and optimism that President Donald Trump's tax cuts will proceed has helped drive Australian shares higher.

The share market has closed higher as takeover speculation fueled a big gain for gas giant Santos and other sectors recovered from early weakness.

The Australian share market has closed lower after sharp falls in oil and base metal prices weighed on energy and mining companies.

A weak start to trading has sent the share market's leading index back below the 6,000-point level it broke last week.

The Australian share market has closed slightly lower, dragged back by two of the big four banks - ANZ and Westpac - trading ex-dividend.

Australian shares finished lower on Friday after losses concentrated in mining and energy stocks ended the market's run of recent gains.

The local share market has opened lower following negative sentiment in the US overnight where falls in technology stocks weighed on Wall Street.

The share market has closed higher for a third straight session as a lift in iron ore prices boosted miners and most of the big banks gained ground.

The Australian share market is higher in early trade, as investors hold on to the positive momentum from the past few sessions.

The Australian market has opened lower, with most sectors in the red following a flat US lead, but local shares remain above the psychologically important 6,000 point mark.

The Australian share market is trading solidly higher at lunchtime, with upbeat overnight sentiment lifting the local markets to near 10-year highs and the S&P/ASX200 to twice breach the key 6,

The Australian share market has finished the session in negative territory, with declines in the big banks and the materials sector offsetting a day of strong gains for local oil stocks.

Global facilities management giant Sodexo, which counts Rio Tinto's iron ore business among its major clients, is buying Australian competitor Morris Corporation, the manager of Fortescue Metals Group's three major camps.

Gina Rinehart's Hancock Prospecting Group more than doubled profit to $1.1 billion in the year to June, the highest level since 2011, with the company paying or providing for $767 million in dividends to the family.

Indigenous contracting group Eastern Guruma, which has contracts or joint ventures with the likes of Rio Tinto, Fortescue Metals Group, NRW Holdings and Carnegie Clean Energy, has been placed into administration.

Fortescue Metals Group, Iluka Resources and Rio Tinto are among the five overall category winners in the 2017 state government's Awards for Excellence.

Holyoake has developed into an NFP with international reach and self-sustaining social enterprises, and Angie Paskevicius has played a major role.

Artificial intelligence has the potential to increase GDP growth by an additional 1.5 per cent per annum until 2035, according to research by consultancy Accenture.