Online retail spending reached $39 billion in the fourth quarter 2009, up 3 percent versus 2008, comScore announced Tuesday. The fourth quarter increase marks a return to positive growth after four consecutive quarters of year-over-year declines.
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The world’s top iron ore miner says it is “confident in the expansionary trend of the demand for minerals and metals” and views 2010 “as a very promising year.”
JAILED Rio Tinto iron ore executive Stern Hu will probably go to trial ‘within weeks’ to face charges of receiving bribes and stealing commercial secrets. Graham Fletcher, the First Secretary for the Department of Foreign Affairs and Trade (North Asia
Rio’s iron ore operations in the Pilbara region in Western Australia. Source: Bloomberg RIO Tinto’s full-year profit in 2009 came in ahead of market expectations, as the miner gave an upbeat assessment of the outlook for demand for its products The
T SIZE JOHANNESBURG (miningweekly.com) –JSE-listed gold producer DRDGold has returned to profit in the December quarter, posting headline earnings of 1,4c a share, from a 13,1c a share loss in the previous quarter. In the December 2008 quarter, DRDGold
Mining giant Rio Tinto voiced concern Thursday after China said it would try four employees on industrial espionage and bribery charges, reviving jitters over doing business with Beijing.
SYDNEY (AFP) – Mining giant Rio Tinto predicted decades of Asian-led growth on Thursday in an upbeat assessment after it announced that yearly profits soared 33 percent to 4.87 billion US dollars.
AUSTRALIAN businessman Stern Hu and three other detained employees of mining giant Rio Tinto could face trial within weeks, a Department of Foreign Affairs and Trade (DFAT) official says. Graham Fletcher, DFAT’s north Asia division first assistant
LOWER grades from its Que River operation, hedging losses, maintenance costs and exploration write-offs all contributed to Bass Metals recording a $A1.1 million loss for the half-year. You are not logged in or not authorised to view this page. Get Your
A DECISION Rio Tinto made last year to recapitalise its balance sheet and reduce operating costs has seen the mining heavyweight post earnings of $US6.3 billion ($A7 billion) for 2009. You are not logged in or not authorised to view this page. Get Your
Mining giant Rio Tinto Ltd says its net profit for 2009 rose 33 per cent with record iron ore sales and a significant increase in copper and gold production. The company’s net profit was $US4.872 billion ($A5.57 billion), up from its calendar 2008 figure
Rio Tinto has slashed its final dividend by 60 per cent as it draws the curtain on a tumultuous year of volatile commodity prices and drastic action to cut its massive debt burden. Reporting a 39 per cent fall in underlying profit to $US6.3 billion ($7.1
Rio Tinto says it is “very concerned” about the nature of charges brought against detained employee Stern Hu and three other workers in China as officials warn they could face trial within weeks.Mr Hu has been held in China since July last year and
The Australian share market closed higher following stronger than expected employment growth data. Market gains were weighted towards bank stocks and Rio Tinto, which releases its annual results at 2pm. The benchmark S&P/ASX200 index was up 40.9 points,
THE market seems to have welcomed a funding deal announced today by Astron on its Donald heavy mineral sands property in Victoria. You are not logged in or not authorised to view this page. Get Your FREE 30 Day Trial Now! First Name Last Name Email
RESULTS from beneficiation and bulk sample testwork has given Dynasty Metals Australia the confidence to aggressively explore and bulk sample its flagship Prairie Downs project in the Pilbara. You are not logged in or not authorised to view this page.
NICKEL continued its gentle rise today, gaining 0.92% to close at $US17,634 per tonne overnight, with local nickel miners following suit. You are not logged in or not authorised to view this page. Get Your FREE 30 Day Trial Now! First Name Last Name
EMPLOYERS need to quicken their recruiting processes to catch the best quality candidates with vacancy activity rising and skills shortages starting to emerge. You are not logged in or not authorised to view this page. Get Your FREE 30 Day Trial Now!
REVISIONS to the resource estimate for the Gillian tin project in northern Queensland have given Consolidated Tin Mines the same amount of metal but at a lower grade. You are not logged in or not authorised to view this page. Get Your FREE 30 Day Trial
AUSSIE junior Glengarry Resources has secured ownership of an extensive portfolio of iron ore exploration tenements in Brazil. You are not logged in or not authorised to view this page. Get Your FREE 30 Day Trial Now! First Name Last Name Email Address