MONTEVIDEO, Uruguay, Jan. 13 (UPI) -- The sluggish world economy has claimed a major iron ore port project in Uruguay for the time being, government officials said Tuesday.
LONDON, Dec. 10 (UPI) -- British-Australian mining company Rio Tinto said it would it would cut its workforce by 14,000, due to the global economic downturn.
LONDON, Feb. 1 (UPI) -- BHP Billiton's plans to purchase Rio Tinto stalled Friday, when 12 percent of the mining company's London-listings were bought by two mining industry giants.
LONDON, Nov. 26 (UPI) -- British mining giant Rio Tinto Ltd. said in London Monday Australian rival BHP Billiton Ltd.'s unsolicited $150 billion stock takeover bid was too low.
SYDNEY, Nov. 13 (UPI) -- London mining giant Rio Tinto PLC formally rejected BHP Billiton's unsolicited $153 billion merger proposal Tuesday.
BRUSSELS, Oct. 3 (UPI) -- Anglo-Australian mining giant Rio Tinto PLC cleared two international hurdles Wednesday in its $38.1 billion purchase of Canadian aluminum maker Alcan Inc.
NEW YORK, July 12 (UPI) -- Rio Tinto of London has agreed to buy Canada's Alcan for $101 a share, or about $38 billion, it was reported Thursday.
SYDNEY, Feb. 3 (UPI) -- Anglo-Australian miner Rio Tinto is returning more than $4 billion to shareholders, the result of surging commodity prices that doubled the group's profit.
LA PAZ, Peru, Dec. 19 (UPI) -- Anglo-Australian miner Rio Tinto PLC has won a Peruvian auction to control the Andean nation's La Granja copper deposits.
KUALA LUMPUR, Malaysia, Feb. 15 (UPI) -- Australia's Rio Tinto is keen to invest in an aluminum smelter project in East Malaysia's Sarawak state, the Edge Financial Daily reported Tuesday. Australia's BHP Billiton is also interested in the project, which may cost up to $2.5 billion, the paper sa