11/02/2016 - 14:32

Rio to cut dividends, capex after loss

11/02/2016 - 14:32

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Mining giant Rio Tinto has reported an $US866 million ($A1.2 billion) annual loss, and has responded by cutting its future dividends, operating costs and capital spending, though the long-planned Silvergrass mine in the Pilbara is shaping up as one of the company's few big projects to proceed.

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