News Articles for Rio Tinto

Perth-based NRW Holdings has been contracted to provide more services to Rio Tinto at the mining giant's Yandi iron ore operation in the Pilbara, in a deal worth $40 million.

Henderson-based Civmec has won $160 million worth of contracts for work at Rio Tinto's Amrun bauxite project in Queensland.

For evidence that success can sometimes damage a business we need look no further than the political games playing out ahead of next year's state election, with the very real chance Western Australia's biggest iron ore miners will be hit by a $5 per tonne penalty tax because they're too successful.

Australia could become the epicentre of global mining if it had more ambition and more competitive tax policies, says the chief executive of mining giant Rio Tinto.

Rio Tinto has flagged a possible 2019 start date for construction of its next big greenfields project in the Pilbara, but in the interim will rely on the rollout of its rail automation program and better asset utilisation to drive a major round of productivity improvements.

Pilbara Minerals has further bolstered its board with the appointment of Fortescue Metals Group director of operations Nick Cernotta as an independent non-executive director.

ANALYSIS: Green shoots are popping up in WA as improved conditions for iron ore and gold, and strong prospects for the upcoming crop harvest, offer sources for optimism.

Global miner Rio Tinto has sacked two top executives who it sidelined last week over their role in a payments scandal related to the Simandou iron ore project in West Africa.

The performance of five of WA's major resources players provides a useful guide to the overall direction of the state economy.

Global miner Rio Tinto has suspended one top executive with immediate effect while another is stepping down over payments made in 2011 related to the Simandou iron ore project in West Africa.

The proposal from Nationals WA leader Brendon Grylls to increase the royalties paid by Rio Tinto and BHP Billiton is not as ‘out there' as it sounds. I say this not as a socialist, but as a capitalist who, as a resident of Western Australia, is an indirect part owner of the state's iron ore reserves.

SPECIAL REPORT: Arts and cultural organisations are pursuing innovation and collaboration to help manage the tougher financial conditions in WA.

SPECIAL REPORT: Three WA arts organisations have performed a series of firsts on tours to Asia this year, building on business and diplomatic strategies that highlight the value of cultural exchange.

Rio Tinto has agreed to sell its its stake in the Simandou iron ore project in Guinea to partner Chinalco, setting the stage for a sizeable new competitor.

Iron ore producers have maintained their dominance over the BNiQ Search Engine Biggest Exporters list, as LNG producers are slow to start up. Click through to see the annual list of the state's biggest exporting companies.

Rio Tinto has slightly trimmed the full-year guidance for iron ore shipments from its Pilbara operations by up to 5 million tonnes, after port and rail maintenance affected shipments in the September quarter.

Rare pink diamonds from the Kimberley are emerging as new class of investment asset.

Rio Tinto has hit back at accusations by Nationals WA leader Brendon Grylls that large miners had failed to live up to their contractual obligations in state agreements with the government, after he stepped up his campaign to increase taxes on iron ore production today.

Perth mining hopeful Acacia Coal will buy a 74 per cent interest in a South African metallurgical coal project from a subsidiary of Rio Tinto and undertake a $2 million capital raising, it announced today.

The Australian Council for the Arts has welcomed former Rio Tinto chief executive Sam Walsh and fellow Western Australian Kate Fielding to its board.

South Australian mining junior Flinders Mines has announced a capital raising of $5 million, with the company to put the cash towards a loan repayment and tenement expenditure commitments at its Pilbara iron ore project.

Two different proposals from the Western Australian government to change the way Rio Tinto and BHP Billiton pay an iron ore charge is already damaging the state's reputation as an investment destination, a business lobby group says.

Mining software supplier Micromine has promoted Claire Tuder to the role of director and chief executive while also establishing an advisory board with two industry veterans.

Mining giants Rio Tinto and BHP Billiton say they have no intention of taking up the state government's offer to change how they pay the controversial iron ore lease rental that Nationals WA leader Brendon Grylls wants to hike.

The state government has given its tick of approval for Rio Tinto to develop more iron ore deposits at the mining giant's Western Turner Syncline operation near Tom Price.

The share market has closed at its highest level in a month after major oil producers surprisingly agreed to cut production, giving energy and resource stocks a boost.

Fortescue Metals Group has started the search for a new chief financial officer after Stephen Pearce handed in his resignation to pursue an international role, on the same day the iron ore giant announced the appointment of a new director of operations.

BHP Billiton is locked in a $1 billion dispute with the Australian Taxation Office over the amount of taxes payable on the sale of Australian commodities to its Singapore marketing business, while its chief executive has seen his annual pay slashed in half follwoing the Samarco dam disaster.

The Australian share market has closed slightly higher as investors wait for crucial central bank interest rate decisions from Japan and the US.

BHP Billiton says its plans to invest in a huge new iron ore mine in the Pilbara are threatened by The Nationals WA's proposed new $5 a tonne mining tax.

Rio Tinto has signed a five-year maintenance services and support agreement for its locomotive network in the Pilbara with global company GE.

Digital entertainment and communications service provider Swift Networks has won four new contracts for an undisclosed amount during the past week.

The Australian share market lost its early morning gains to close at its lowest level since July on concerns about future stimulus programs by central banks.

The Australian share market has slumped to a two-month low as investors dumped stocks from all sectors on fears the US Federal Reserve could hike interest rates this month.

Brendon Grylls' proposal to lift the tax rate on WA's two biggest miners may have received some bad press, but at least it has started a conversation.

New research released by the mining sector today suggests the impact of the WA Nationals' proposed $5 per tonne tax on iron ore production could be greater than originally anticipated.

Former Karara Mining boss Dale Harris has taken a leading iron ore role at engineering consultancy firm Hatch.

Aurizon has appointed Andrew Harding as chief executive in place of Lance Hockridge, calling the former Rio Tinto iron ore head the right person to increase value for shareholders.

The Australian share market has opened lower, hurt by losses across the board following a disappointing session on Wall Street and a rally in the US dollar.

The Australian share market lost steam throughout the afternoon session to close slightly higher as gains in health care, resource and banking stocks offset losses in Woolworths and Telstra.