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The Latest Breaking News from Rio Tinto

Is Rio Tinto (RIO) the #1 Industrial Metal Stock to Buy Right Now?

Prominent industrial metal producer Rio Tinto (RIO) expects to bolster its iron ore operations through a massive project in Guinea. Looking at the company’s venture into green minerals, should you invest in RIO now? Let’s look at its financial metrics to know more….

StockNews.com

Energy giants fail on climate lobbying disclosures

Australian companies are lagging behind the US on disclosing their spending on political lobbying around climate change policy.

AAP

Rio, BHP warned of investor pressure on steel emissions

Australia's largest diversified miners are being urged to come clean on the greenhouse gas emissions pumped into the atmosphere by the world's steelmakers.

AAP

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Fierce court battle for Hancock mining riches reignites

A court battle over iron ore riches has resumed, as billionaire Gina Rinehart defends her fortune amid a legal dispute over her mining pioneer father's legacy.

AAP

Traditional owners left to ‘pick up the pieces’ after sacred rock shelter damaged in Rio Tinto blast

Full extent of incident near Nammuldi iron ore mine in the Pilbara still unknown, Muntulgura Guruma representative says

The Guardian - AU

The week in review: will the no campaign have its own Homer Simpson moment? And Albo gets hi(-vis)

Not since ‘axe the tax’ and ‘stop the boats’ have we been blessed with messaging of the same cerebral depth as ‘if you don’t know, vote no’

The Guardian - AU

Serious Fraud Office drops 10-year corruption inquiry into Kazakh miner ENRC

UK agency also shuts other high-profile cases including Rio Tinto investigation

The Guardian - UK

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Nearly two-thirds of the top fossil fuel producers in Australia and the world aren’t on track for 1.5℃ climate target

Rapid reductions in fossil fuel production and use are essential to limit global warming to 1.5℃ compared to pre-industrial levels. Our new research shows most of the world’s major coal, oil and gas companies are yet to make meaningful reductions.

The Conversation

WA premier Roger Cook axes Aboriginal cultural heritage laws after outcry by landholders

Government apologises for new laws it says went too far and placed unnecessary burdens on everyday property owners

The Guardian - AU

Dow Jones Flat, Nasdaq Falls As Fed Decision Looms; Microsoft Slides On These AI Comments

Microsoft fell early Wednesday on AI comments, while Google and Boeing were earnings winners. The Fed meeting decision is on tap this afternoon.

Investors Business Daily

Rio Tinto Earnings Fall 30% After China Stimulus Hopes Revive Mining Giants

Rio Tinto earnings fell in the first half of 2023. RIO stock and other mining stocks had flashed buy signals Tuesday on China stimulus bets.

Investors Business Daily

FTSE 100 Live: Shares jump and sterling lower as UK inflation falls to 7.9%

Shares have rallied after the UK’s annual inflation rate fell by more than expected to its lowest level since March 2022.

Evening Standard

Rio Tinto optimistic on iron ore shipment guidance

Rio Tinto expects to hit the top end of its fiscal 2023 iron ore shipment guidance despite a train derailment disrupting operations in June.

AAP

Copper’s Value To Soar As Energy Transition Accelerates, Says American Pacific Mining CEO

American Pacific Mining capitalizes on the growing demand for copper with major mining partners backing its high-grade projects.

Zenger

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The Guardian - AU

New Aboriginal cultural heritage laws in WA hope to take state from ‘wild west’ to a better way

Some say the overhaul of laws is a little ‘bittersweet’ and does not go far enough, but others claim it will ‘hold businesses to ransom’

AAP

Dutton hits out at corporates for backing 'yes' vote

The opposition leader has taken aim at big companies for donating to the 'yes' campaign and accused firms of trying to "please people in the Twittersphere".

The Independent UK

Historic Arizona mining town backs copper project on land that Native American groups say is sacred

Oak Flat in central Arizona is the subject of a tug of war between people in the historic mining town of Superior who want a huge copper mine developed there for its economic benefits

The Independent UK

Oak Flat Timeline: Native American vs. pro-mining interests

Oak Flat is a piece of national forest land in central Arizona that has been at the heart of a years long struggle between Native American groups and mining interests that both see it as important to their future

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AAP

Resourcing tomorrow with more mines, more responsibly

A mining conference has heard values-driven consumers don't want 'dirty' electric cars that use unsustainable minerals in their production.

The Canberra Times

Angus Craig farewelled as funerals begin for the 10 Greta bus crash victims

Angus Craig has been remembered as a young man who packed a lot of love and life into nearly 29 years.

Barchart

3 Attractive Dividend Stocks With Yields Over 6%

Dividend stocks can be an excellent addition to any portfolio during an economic downturn, so here are three with high yields over 6% right now.

Los Angeles Times

Battle for Oak Flat: How Apache opposition to a copper mine became a religious liberty test

OAK FLAT, Ariz. — On a recent morning about an hour outside Phoenix, the pounding of tribal drums reverberated across the desert from a stand of oaks in the Tonto National Forest, where nearly 20 men had packed into a squat green sweat lodge to pray.

The Guardian - UK

More women on UK boards but number of female bosses flatlines

Proportion of women on boards of 585 FTSE all-share listed companies rises from 36% to 40%, data shows

ABC News

Bougainville's destructive goldmine could also be its $90 billion key to independence

This Bougainville community is living on a literal goldmine, but some residents say that despite it being abandoned for decades, it poses a risk to their environment and human rights.

Reuters

Western Australia to compensate Aboriginal group for historic mining damage

Western Australia state has agreed to compensate an Aboriginal group for historic acts including issuing mining leases on their traditional lands, setting a precedent that is set to allow Indigenous groups a greater say in future developments.

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