Mining giant’s 46-page submission to a Federal parliamentary inquiry reveals chronology of events leading up to blasting that destroyed two ancient rock shelters at Juukan Gorge in May.
The Cape Lambert blaze was the first of a series of mishaps for Rio in the Pilbara last year which forced it to twice downgrade iron ore shipping guidance for the year.
Rio Tinto, plagued by months of controversy after destroying a sacred indigenous site in the Pilbara, will announce an almost $60 million investment in training and development in WA.
Treasurer Josh Frydenberg’s economic and fiscal update is based on a $US55-a-tonne iron ore price at a time when the market level are almost double that.
Shares in Andrew Forrest’s Fortescue Metals continue to go from strength to strength, and today finally stole Wesfarmers’ crown as WA’s most valuable company on the ASX.
WA grew its share of national mining job ads to almost half at the height of the pandemic in another sign the State remains the powerhouse of Australia’s ailing virus-hit economy.
Fortescue Metals Group has posted record iron ore shipments in the final quarter of the financial year, helping it cross its full year forecast, as demand picks up in China.
Jean-Sebastien Jacques said company representatives could have attended as witnesses over the destruction of the sacred site in the Pilbara but he wanted to ‘lead from the front on this one’.
WA’s border closure has had no material impact on Rio Tinto’s operations in the State, the mining giant’s boss Jean-Sebastien Jacques said today as he announced first-half earnings of $US4.75 billion.
The mining giant’s first-half profit has fallen as coronavirus-driven disruptions spurred a drop in copper shipments and overshadowed the impact of higher iron ore prices.
Fortescue Metals Group shares have stormed through $17, putting the miner within striking distance of Wesfarmers.
‘Since BHP went to Brazil and did not respect our rights, we came to England and our rights will be respected here.’
Kirstin Ridley and Zandi Shabalala
Mining equipment rental group Emeco’s decision to pursue work in iron ore and gold has proven a good one.
Mineral Resources hit top gear with the ramp-up of its Koolyanobbing iron ore operations in the June quarter
Diplomatic relations with China have never been more strained and our economic relationship has never been more crucial.
Mark RileySeven News Political Editor
The Big Australian called for the record group action to be struck out or suspended, alleging it duplicated Brazilian proceedings and victims were already receiving redress.
Mining giant reveals 900 of its interstate FIFO employees and contractors in “business critical roles” had temporarily relocated to WA during the coronavirus pandemic.
Rio Tinto is making progress on the development of Guinea’s giant Simandou iron ore deposit, bringing a potential overhaul of global supply of the steelmaking material closer into view.
The figure was released as part of the miner’s second-quarter production results, which showed its powerhouse iron ore operations continued to perform well in a strong pricing environment.
The big three have perhaps never had it so good as Rio kicks off June quarter reporting on Friday.
One of the biggest lawsuits in British legal history has been brought forward by more than 200,000 people and groups impacted by Brazil’s worst-ever environmental disaster.
Shares in Fortescue Metals Group crept to fresh all-time highs again this morning, boosting the fortunes of its chairman Andrew Forrest.
The 2019 profit is a big improvement on the previous year’s $US218.7m loss, but represents a negligible return on the billions pumped into the project by CITIC.
The COVID-19 pandemic presented a unique challenge for mining giant’s Perth Airport-based nerve centre, which celebrated its 10-year anniversary this week.
© West Australian Newspapers Limited 2020