Rio Tinto has received the required support from Turquoise Hill Resources shareholders for its proposed acquisition of the remaining issued and outstanding shares of Turquoise Hill (49 per cent) that it does not currently own.
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Recommendation and rebuke for Turquoise Hill offer
The arguments for and against Rio’s takeover bid for Turquoise Hill Resources continue, with proxy advisor Glass Lewis recommending that the company’s shareholders vote in favour of the offer.
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Rio snaps up piece of TechGen project
TechGen Metals has entered into a binding farm-in term sheet with Rio Tinto Exploration – a wholly-owned subsidiary of Rio Tinto – for its Harbutt Range project in the south Paterson Province of Western Australia.
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Rio Tinto to return coal sale proceeds in $US3.2 billion buyback
Rio Tinto will return the sale proceeds of its Australian coal mines, worth $US3.2 billion ($4.4 billion), to its shareholders via a share buy-back.
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Rio Tinto Amrun export facility wins civil construction award
Rio Tinto's Amrun Chith export facility team, McConnell Dowell, Bechtel and Jacobs, have won a Queensland Civil Contractors Federation (CCF) Earth Award for its civil construction.
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Fatal incident at Rio Tinto’s Channar mine
A man has died behind the wheel when the truck he was driving veered off a haul road at Rio Tinto's Channar mine. The 28-year-old truck driver was part of Rio's Greater Paraburdoo iron ore operations in the Pilbara region.
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Hockey hopes for iron ore reduction
BHP have pledged to slow their iron ore expansion plans, earning praise from Treasurer Joe Jockey.
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Truck crashes through windrow, rolls down dump at Rio Tinto coal mine
A haul truck driver has had a lucky escape at Rio Tinto’s Hunter Valley Operations after his vehicle reversed over a bench and rolled down a dump.
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Unions deny responsibility for pet bereavement claims at Hail Creek
Media reports linking unions to ambit claims have been dispelled, with CFMEU revealing Rio Tinto took the claims from non-union, independent negotiators.
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Rio Tinto and BHP among world’s top greenhouse gas emitters: report
New research suggests nearly two-thirds of global greenhouse emissions generated since the start of the industrial revolution has been caused by just 90 companies including BHP and Rio Tinto.
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Coal & Allied fined $45,000 for polluted water
Rio Tinto subsidiary Coal & Allied has been hit with a $45000 fine after six megalitres of polluted water from its Mt Thorley-Warkworth mine flowed into a Hunter River tributary.
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Portable accommodation hit by mining slump
Caravan maker Fleetwood has felt the brunt of the mining downturn with its profit sliding and its shares falling 17 per cent.
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Rio’s mining tax payment amounts to zilch
Mining giant Rio Tinto was refunded $74 million from the Australian Taxation Office on the sole quarterly payment it made in April, meaning it has paid no mining tax for the first year of the tax.
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Tiwai Pt aluminium smelter gets $30m govt boost
The New Zealand government has paid $30 million in subsidy to sustain Rio Tinto’s Tiwai Point aluminium smelter in Southland.
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Hope for Rio’s stalled African iron ore project
Rio Tinto is slightly more optimistic over its stalled Simandou iron ore project after the Guinea government in Africa showed willingness towards the venture.
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First Hope Downs ore leaves site
Hope Downs 4 in WA’s Pilbara region has achieved a significant milestone with the first iron ore leaving the mine.
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LNG to overpower diesel on mine sites
With fuel costs rising and companies focusing on the challenges of reducing C02 emissions, many are heralding the LNG boom as a way to offset the energy issues facing the mining industry. Vicky Validakis reports.
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Rio sells coal mines across Australia
Rio Tinto has put several of its coal assets up for sale including stakes in Clermont, Blair Athol, and Coal & Allied.
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Native seeds used to rehabilitate mine
Rio Tinto subsidiary Coal and Allied are using the latest agricultural technology to plant a blend of native grass seeds over 80 hectares of rehabilitated mining land.
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Fortescue may continue fight for access to Rio rail
Fortescue Metals is considering another appeal after losing its battle to access Rio’s iron ore rail line in the Pilbara.
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