Rio Tinto Plc (ADR)

Opening overseas markets for California’s quality products, resources and agriculture is an important factor in Kern County’s economic growth, House Majority Leader Kevin McCarthy (CA-23) told employees of Rio Tinto Minerals (RTM) during a town hall meeting April 7. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160408005183/en/ House Majority [...]

MONTREAL, Feb. 11, 2016 /CNW Telbec/ - Rio Tinto has partnered with Indspire through a $1 million contribution to establish the Rio Tinto Award for Indigenous Students. Rio Tinto's contribution is being matched by the Canadian government, for a total of $2 million. Alf Barrios, chief executive of Rio Tinto's aluminium group stated: "We are very proud to establish the Rio Tinto Award for Indigenous Students through our [...]

LONDON, UK, Dec. 2, 2015 /CNW/ - Rio Tinto has unveiled one of the largest diamonds ever discovered in Canada. The 187.7 carat gem-quality rough diamond, known as The Diavik Foxfire, was discovered at the Diavik Diamond Mine in the remote Northwest Territories of Canada, 220km south of the Arctic Circle. The Diavik Foxfire diamond was showcased during an exclusive preview at Kensington Palace in London. Rio Tinto Diamonds [...]

LONDON, April 7, 2014 /CNW/ - Rio Tinto will gift its 19.1 per cent shareholding in Northern Dynasty Minerals Ltd. (Northern Dynasty), owner of the Pebble Project, to two local Alaskan charitable foundations. The decision follows the strategic review announced last year of Rio Tinto's interest in Northern Dynasty which concluded the Pebble Project does not fit with Rio Tinto's strategy. The shares in Northern Dynasty will [...]

LONDON, United Kingdom, Feb. 12, 2014 /CNW Telbec/ - Rio Tinto has entered into an option agreement with LNG Canada, a joint venture comprising Shell Canada Energy, Phoenix Energy Holdings Limited (an affiliate of Petro-China Investment (Hong Kong) Limited), Kogas Canada LNG Ltd. (an affiliate of Korea Gas Corporation) and Diamond LNG Canada Ltd. (an affiliate of Mitsubishi Corporation) to acquire or lease a wharf and [...]

LONDON, Jan. 28, 2014 /CNW/ - Rio Tinto Mining and Exploration Limited (Rio Tinto) has received 44,126,780 common shares of Minera IRL Ltd. (IRL), representing approximately 19.44% of the issued and outstanding common shares of IRL. The shares form part of the consideration agreed to in the 2006 option agreement on the Ollachea Gold Project between Rio Tinto and IRL. The consideration for each Share was CDN$0.1790. The [...]

TORONTO, Jan. 13, 2014 /CNW/ - Rio Tinto has acquired 510,983,220 common shares of Turquoise Hill under Turquoise Hill's rights offering at a total cost of C$1,292,787,546.60 or C$2.53 per share. The purchase represents approximately 50.8 per cent of the common shares offered under the rights offering. The rights offering, which closed today, was fully subscribed. As noted below, Turquoise Hill will be using a portion [...]

LONDON, United Kingdom, Dec. 23, 2013 /CNW/ - Rio Tinto has advised the management of Northern Dynasty Minerals Ltd. (Northern Dynasty), which owns 100 per cent of the Pebble Project, that it intends to undertake a strategic review, including a possible divestment, of its shareholding in Northern Dynasty. Rio Tinto, through QIT-Fer et Titane Inc., an indirect wholly-owned subsidiary of Rio Tinto Plc, owns 18,145,845 [...]

Canada NewsWire LONDON, United Kingdom, Aug. 7, 2013 LONDON, United Kingdom, Aug. 7, 2013 /CNW/ - Rio Tinto and Turquoise Hill Resources (Turquoise Hill) have signed an agreement under which Rio Tinto will provide Turquoise Hill with a financing package to enable it to fund the continuing development of the Oyu Tolgoi mine in Mongolia and, if necessary, to refinance its existing indebtedness to Rio Tinto by the end of [...]

LONDON, United Kingdom, June 28, 2013 /CNW/ - Rio Tinto has entered into a bridge funding agreement dated June 28, 2013 with Turquoise Hill Resources Ltd. under which it has agreed to make available to Turquoise Hill a short term convertible credit facility of up to US$225 million. The aggregate of all amounts outstanding under the facility, including principal, interest (at one month LIBOR plus 5%) and fees, will be [...]