News Articles for Rio Tinto

Strickland Metals has entered the lucrative Serbian gold game after acquiring the Rogozna project that already boasts a whopping resource of 5.44 million JORC-compliant ounces of gold equivalent. The company says advanced exploration targets at Rogozna offer near-term growth, with diamond drilling outside of the existing resource going as high as a staggering 352m at 2.1 grams per tonne gold equivalent from 240m.

Mining major Rio Tinto has recorded a slight drop in Pilbara iron ore shipments and production citing weather disruptions but has stuck by guidance forecasts.

A Pilbara engineering company has taken Civmec to court over an alleged failure to pay for the work done at Rio Tinto's Paraburdoo Western Range mine.

WA's largest iron ore miner boosted spend on Indigenous businesses by 35 per cent in 2023 as part of an $8.8 billion outlay across the state.

Developers of Guinea's giant Simandou iron ore mine have agreed to a $US15 billion finance deal to kickstart development of what could one day become the world's largest mine.

Premier Roger Cook hopes a $7.2 million spend to attract a UK startup accelerator to Perth will help the state diversify its economy by fostering expertise in biodiversity technology.

Mining giant Rio Tinto will spend $9.5 million over six years on a new Pilbara traditional owner program to create jobs through preservation and protection of culture.

An Indigenous-backed clean energy project targeting offtake deals with the Pilbara's major resources firms has gained a crucial land-use deal to progress the $1 billion first stage.

Rio Tinto has announced it will manage rehabilitation of the Ranger uranium mine in the Northern Territory on behalf of subsidiary Energy Resources Australia, which counts Perth-based company Packer & Co as a 9.32 per cent minority shareholder.

A Pilbara local government could subsidise housing developments in a fresh attempt to solve a crippling accommodation shortage in the booming town.

Iron ore miner Rio Tinto has chipped in $10 million towards the Shire of Ashburton's sports oval development project in Tom Price.

The next three weeks will be crucial to iron ore's fortunes as cash-strapped Chinese steel mills grapple with tight profit margins and a contracting domestic property sector.

Experienced mining executive Greg Lilleyman has been appointed Caravel Minerals' strategic board adviser.

Kewdale-based PWR has acquired South West Fire Unit Fabrications in Collie in a deal that is understood to be valued at more than $4 million.

An Aboriginal charity that was paid $47 million in mining royalties last year could find itself out of pocket after BHP concluded it had paid too much over an extended period.

BMG Resources has applied for two additional exploration licences adjoining its granted Dragon project in Western Australia's West Arunta region – an emerging world-class niobium-rare earths district. It says data reviews have identified several areas where strong magnetic features are located next to major faults, which can be interpreted as being highly-prospective for potential carbonatites and represents priority niobium-rare earths exploration targets.

Javelin Minerals has revealed two significant board moves, adding well-known corporate finance executive Brett Mitchell and experienced geologist Pedro Kastellorizos as it prepares for more drilling in New South Wales. The company says Mitchell, who has more than 25 years of experience in the equity and venture capital markets, will take the reins as executive chairman. Kastellorizos will be a non-executive director.

Three years after the state government said the project was “fully funded” and likely to break ground soon, work is yet to begin on a new hospital in Tom Price

The Workforce Gender Equality Agency has published gender pay gap data on more than 400 WA private sector companies, shedding a light on remuneration disparities.

Our board moves wrap includes Victor Rajasooriar, Grant Dyker, Simon McKeon, Joshua Gordon, and George Petersons.

Rio Tinto's iron ore business delivered a stronger profit last year but was an exception, with lower commodity prices and higher operating costs battering every other business unit.

Rio Tinto has accused the country's biggest privately-owned workforce business of breaching a contract relating to a fatal truck crash at its Channar iron ore mine.

A Rio Tinto autonomous train has derailed in the Pilbara this week, with the incident currently under investigation by the iron ore miner.

More than 400 TAFE lecturers undertook industry placements in 2022 and 2023 as part of a program costing $10 million to the state, the government has revealed.

Western Australia's iron ore giants have inked a deal with Australia's largest steelmaker which could see the country's first electric smelter in an effort to realise green steel ambitions.

BMG Resources is planning to beef up its holdings in WA's West Arunta region – known as elephant country for niobium and rare earths – with an option to nab a 90 per cent interest in 1470sq km of ground. The package sits 30km from Encounter Resources' Crean project and its resource of 282 million tonnes at 0.54 per cent niobium oxide and 0.17 per cent TRE0.

The mining giant and law firm are looking to occupy Victor Goh's 53-storey office tower, due for completion in 2027.

Perth-based explorer King River Resources is on the hunt for high-grade gold in elephant country in Australia's Top End. It has plenty of cash and a gaggle of lucrative-looking targets begging to see a drill bit. With miners selling gold at record highs, King River's focus on Tennant Creek in the NT, an area that has historically pumped out millions of gold ounces, is timely.

Rio Tinto and Lifeline WA have entered a two-year partnership valued at $860,000 to expand the service provider's mental health crisis support.

A highly respected Indigenous elder, who built bridges between some of the world's largest miners and traditional owners, has died.

Software provider K2fly says cost management remains its major focus as the company's latest financial report today revealed a remarkable 14th consecutive quarter of annual recurring revenue growth. The ARR was at $8 million in the past quarter, up 16 per cent compared to the previous corresponding period (PCP) and revenue was at $3.4million, up 21 per cent from the PCP.

Business News runs the rule over a cross-section of companies to determine how much firms of varying size and industry invest in WA communities.

Recruitment technology aspirant Schrole Group has continued to enhance its cash position as it pursues break-even status.

Lower-grade iron ore product made up 20 per cent of Rio Tinto's Pilbara shipments during the December quarter, as the company progresses new project delivery in a delicate approvals environment.

Rio Tinto has confirmed a $US251 million ($375 million) deal to sell the Lake MacLeod salt and gypsum operation in Carnarvon to privately-owned Leichhardt Industrials Group.

Mark Beyer and Mark Pownall discuss Alcoa's refinery closure; Panoramic's shuttered mine; Stockland's retirement living vision; another Creasy deal; a new Yallingup resort, and preview the upcoming magazine.

Woodside reinvested more than $20 million into Western Australian communities in 2023 as the company ramped up efforts to combat vocal criticism of its multibillion dollar gas projects.

A Rio Tinto subsidiary has revised its West Angelas iron ore mine expansion plan, proposing to clear up to 17,555 hectares of vegetation in the East Pilbara.

Mark Beyer and Jack McGinn discuss BGC results; home building incentives; housing price hikes; Rio royalty payments; Harvest Road's loss; all the action in lithium; Satterley's LWP deal and Cottesloe preselection.

Nadia Budihardjo with the latest on Rio royalty payments; Woodside's Fringe split, and REIWA listing data.