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The Latest Breaking News from Rio Tinto

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

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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

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’

The Guardian - AU

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".

AAP

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

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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

The Independent UK

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.

AAP

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.

The Canberra Times

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.

Barchart

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.

Los Angeles Times

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

The Guardian - UK

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.

ABC News

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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.

ABC News

Calls to protect Northern Ponds at Lake Macleod on Rio Tinto salt mine lease

The Indian Ocean travels underground and reappears 17 kilometres inland at the Northern Ponds at Lake Macleod, with the ponds having so far been overlooked as a site of significance.

ABC News

Red Cross denies regional blood shortages despite cancer patient turned away twice in one month

The Australian Red Cross's Lifeblood service strongly denies there are blood shortages in regional Western Australia, despite a cancer patient on the Goldfields being turned away from transfusion appointments for the second time this month.

Reuters

Aboriginal group says remediation at Juukan rock shelters has begun

The Aboriginal group whose rock shelters Rio Tinto Ltd destroyed for an iron ore mine three years ago said remediation efforts have begun at the site under a co-management model that gives them more agency over mine development.

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ABC News

Juukan Gorge rehabilitation work underway three years after Rio Tinto blast

It's been three years since Rio Tinto blew up sacred rock shelters at Juukan Gorge in WA's Pilbara region. While nothing will make up for the destruction, traditional owners are working to rehabilitate the site.

Tribune News Service

States bordering Lake Superior could have as much nickel as Russia, Canada

WASHINGTON — The Lake Superior region could be home to as much nickel as Russia or Canada, some of the largest nickel producers in the world, according to estimates by the United States Geological Survey.

Reuters

U.S. Forest Service pauses timeline for Rio Tinto Arizona copper mine

The U.S. Forest Service has told a federal court it is not sure when it could approve a land swap allowing Rio Tinto Plc to develop the Resolution Copper mine in Arizona, a surprising reversal that boosts several Native American groups opposed to the project.

ABC News

'Slap on wrist' for Rio Tinto and Fortescue after breaching environmental regulations in WA

Big mining companies Rio Tinto and Fortescue are revealed in Western Australia's parliament as those noted in a recent auditor-general report for breaching environmental regulations, with a lack of penalties or enforcement by government departments.

AAP

BHP, Rio Tinto, Woodside and Whitehaven release updates

Woodside says its Scarborough gas project is now 30 per cent complete, while BHP has lowered its nickel production estimates.

Salon

Indigenous place of worship threatened

Resolution Copper is one court ruling away from destroying one of the Apaches’ holiest sites.

ABC News

Western Australia's biggest emitters increase carbon output 5 per cent year on year

Analysis by the ABC of the past six financial years of reported emissions, under the national safeguard mechanism, shows a 15 per cent increase in carbon dioxide released by major WA projects, and up 5 per cent on last year's figure.

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