The Robe River Joint Venture, which comprises Rio Tinto (53%) and Japanese partners Mitsui Iron Ore (33%) and Nippon Steel (14%), has agreed to invest $733 million to develop the West Angelas sustaining project in Western Australia’s Pilbara region. The project aims to develop new iron ore deposits in the West Angelas hub. The deposits will maintain the hub’s total…
Read MoreSubsurface intelligence group Ideon Technologies has formed a partnership with Rio Tinto to solve what the pair calls mining’s hardest problem: geological uncertainty. The issue, the companies said, can make it difficult to identify, develop, and recover critical minerals as quickly and efficiently as the world needs them, and the uncertainty impedes growth, slows investment, drives costs, and delays time…
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Rio Tinto has launched its final Beyond Rare Tender, the third in its annual Art Series, featuring 52 lots of rare diamonds. The final collection pays homage to the life of the Argyle diamond mine in Australia, which ceased operations in 2020, and the Diavik diamond mine in Canada that will cease production next year. The collection, weighing 45.44 carats,…
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Rio Tinto said an employee of a contracting company has died following an incident at the SimFer mine site in Nzérékoré, Guinea, on August 22. “We extend our deepest condolences to the family, friends and colleagues impacted by this tragic event as well as the wider community. We will offer all the support we can at this very difficult time…
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Rio Tinto has approved an investment of US$180 million and commenced work on the Norman Creek access project at the Amrun bauxite mine on Queensland’s Cape York Peninsula. The project will enable the miner to access half of the 978 million tonnes of ore reserves at the operation. The global miner said construction is underway on key infrastructure, including a…
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Engineering company Monadelphous has been awarded new construction and maintenance contracts in the resources and infrastructure sectors valued at more than $110 million. In the resources sector, the company won a contract for the provision of electrical and instrumentation construction services at Rio Tinto’s Parker Point Stockyard Sustaining Project near Dampier in Western Australia, with work expected to be completed…
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The board of Rio Tinto has appointed Simon Trott, currently Iron Ore chief executive, to succeed Jakob Stausholm as chief executive, effective August 25. Full story.
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Rio Tinto has awarded NRW Civil & Mining a contract for work at its Brockman Syncline 1 mine development within the Brockman Mine Hub in the Pilbara region of Western Australia. The contract, valued around A$167 million, is scheduled to commence immediately. Under the contract, NRW will be responsible for the construction of earthworks, roadworks and drainage associated with the…
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REMA TIP TOP has secured a significant conveyor maintenance contract with Rio Tinto, covering five key inland mine sites across the miner’s core iron ore network in Western Australia. “We’re proud to begin this partnership with Rio Tinto. It validates the hard work we’ve put into building capability across inland WA and represents a strong foundation for long-term collaboration,” said…
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Rio Tinto has agreed to pay $138.75 million to settle a lawsuit that accused the miner of defrauding investors by concealing problems with its underground expansion of the Oyu Tolgoi copper-gold mine in Mongolia, reported Reuters. The lawsuit sought damages on behalf of shareholders of Turquoise Hill Resources between July 2018 and July 2019, when it was majority-owned by Rio…
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