Rio Tinto to invest 991 million dollars in Australian mine
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The world's third biggest miner Rio Tinto Monday said it would invest 991 million US dollars to boost production at a coal mine in northeastern Australia to meet growing demand from Asia.
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HAMISH ROBERTSON: China&#39;s enormous appetite for raw materials to fuel its economic boom is continuing to have spin-offs for Australia, with a new mining deal announced between the two countries.
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Anglo-Australian mining giant BHP Billiton says it is offering to buy rival Rio Tinto in a deal worth about Â£75bn.
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Global miner Rio Tinto Plc   said on Monday it was to invest $300 million developing Eagle, a high-grade nickel and copper mine in Michigan, United States.
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Rio Tinto Ltd.'s $38.1 billion takeover of Alcan Inc. is set to reap benefits from not just China's appetite for aluminum, but also the bauxite and alumina needed to make it, analysts said on Friday.
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EuroZinc Mining Corp. has acquired for $22 million US the price participation rights granted to Rio Tinto on copper sales from the Neves-Corvo mine in Portugal.
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BHP Billiton, the world&#39;s biggest miner, approved a total of $1.5 billion to expand its copper and iron ore output amid increasing global metals demand led by China.
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Business & money: Rio Tinto strengthens claim that its rival BHP Biliton's hostile bid is undervalued
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Miners led European shares upward on Friday as a Chinese group bought a stake in Rio Tinto giving a shot in the arm to mining and metals companies ahead of key US jobs data later in the day.
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Global miner Rio Tinto Ltd/Plc  said on Monday it has received U.S. anti-trust clearance for its $38.1 billion acquisition of aluminum maker Alcan Inc .
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Brazil's CVRD, the world's biggest iron ore miner, will invest $3.3 billion this year to boost output and move its products faster to port, the company said Wednesday.
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Anglo-Australian mining giant Rio Tinto posts a 42% jump in full year profits in 2006 to a record $7.4bn.
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China teams up with US aluminium giant Alcoa to buy a 12% stake in mining firm Rio Tinto for $14.05bn.
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By David Singleton  Rio Tinto, the world's second-largest mining group, has recruited Christina Mills to oversee global media relations.   Mills joins the Anglo-Australian mining firm after ten years heading media relations at various major UK banks.
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BHP Billiton Ltd/Plc  ,  the world's No.1 miner, launched a hostile $147.4 billion bid  for Rio Tinto Ltd/Plc , a deal that would be the  world's second largest takeover if successful.
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Teck Cominco  said on Tuesday it would buy Aur Resources  in a friendly cash and stock offer worth C$4.1 billion ($3.9 billion) that will significantly boost Teck's copper production.
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Brazilian metals giant Companhia Vale do Rio Doce (CVRD) is to buy Australian coal producer AMCI for $661m.