Commodities
Resolution Copper permitting milestone
(Posted on 13/08/19)Rio Tinto’s Resolution Copper project in the US has achieved a major permitting milestone with the release of an independently prepared Draft Environmental Impact Statement (DEIS) for the project. The rigorous review, conducted by the US States Forest Service over a six year period included broad public engagement.Resolution...
PCA strengthens executive team
(Posted on 13/08/19)The Portland Cement Association (PCA), representing America’s Cement Manufacturers, is pleased to announce additions to its executive team in Government Affairs, Communications and Finance. The PCA, founded in 1916, is the premier policy research, education, and market intelligence organization serving America’s cement...
Rio Tinto’s $3.5 billion shareholders returns
(Posted on 08/08/19)Rio Tinto chief executive J-S Jacques said "We have delivered strong financial results with underlying EBITDA of $10.3 billion and EBITDA margin of 47%. Our financial performance was driven by our Pilbara operations with a 72% EBITDA margin, underpinned by strong iron ore prices."We are taking actions to protect the Pilbara Blend...
ABMEC appoints new Vice President
(Posted on 08/08/19)The President-elect of ABMEC (Association for British Mining Expertise), Paul Freeman, has a long and varied career centred on longwall coal operations, with mine manager qualifications in both the UK and South Africa. His impressive practical experience is embellished by research for a doctorate at Cardiff University's Strata Mechanics...
Vale iron fines shipments improve
(Posted on 31/07/19)Vale iron ore fines production and sales showed a substantial improvement in the end of 2Q19 with the increase in shipments in the Northern System and the resumption of Brucutu operations. The combined effects of both events will be felt more considerably in 2H19.Iron ore fines production totaled 64.1 Mt in 2Q19, 12.1% and 33.8%...
Rusal announces Q2 result
(Posted on 31/07/19)Rusal, a leading global aluminium producer, has announced its operating results for the second quarter 2019.Aluminium? Aluminium production[2] in 2Q19 totaled 938 thousand tonnes (+1.0% quarter-on-quarter (“QoQ”)), with Siberian smelters...
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