360° Coverage : Rio Tinto Plc

Rio Tinto Plc

Breaking News about Rio Tinto Plc:

Dominion Diamond says mine production, sales prices better than expected

Aug 19 2014 6:59am CDT | Source: Canadian Business Online

TORONTO – Dominion Diamond Corp. (TSX:DDC) says production from its Ekati mine and the Diavik mine that it jointly owns with Rio Tinto PLC were substantially ahead of the company’s plan in the second quarter. The Toronto-based mining company says its Ekati mine benefitted from improvements to its processing plant over the past 10 months, combined with ore grades that were higher than expected. Ore processing at Diavik was 29 ...
Full article at: Canadian Business Online
 

 

Rio Tinto Set For The Next Mining Cycle Upwards

Aug 11 2014 3:08am CDT | Source: SeekingAlpha

By Darryl Date-Shappard:Since Rio Tinto (NYSE:RIO), as big as it is in iron ore mining, is still in a cyclical industry, the best way to get the most out of share price gains is to buy it at or just past cyclical lows. As you can see in the chart, two major buy points would have been mid-2003 and late 2008 when the stock was $20. Investors could have more than doubled their investments. (click to enlarge) ...
Full article at: SeekingAlpha
 

 

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