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The Latest Breaking News from Rio Tinto

Nationals say renewables can’t meet energy needs without fossil support. But do the claims firm up?

The Nationals have turned the scare rhetoric up to 11, but the energy market operator has already accounted for much of their criticisms

The Guardian - AU

Rio Tinto Whale Trades Spotted

Someone with a lot of money to spend has taken a bullish stance on Rio Tinto (NYSE:RIO). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

To reach net zero the world still needs mining. After 26 years, here’s what I’ve learned about this ‘evil’ industry

On the wooded hill above the Stan Terg lead and zinc mine in Kosovo, there is an old concrete diving platform looming over what was once an open-air swimming pool. Before the break-up of Yugoslavia, people who worked at the mine would bring their families here to swim, sunbathe on…

The Conversation

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Rio Tinto joins 'first movers' carbon club

Rio Tinto has caught up with iron ore peers BHP and Fortescue Metals Group as the latest to join a global coalition of top companies looking to cut emissions.

AAP

Russian aluminium giant cut out of Queensland operation to abide by sanctions, Rio Tinto says

Mining company alleges arrangement with Rusal subsidiary would have benefited Putin allies Oleg Deripaska and Viktor Vekselberg

The Guardian - AU

New laws back Rio Tinto on Kakadu blowout

Rio Tinto can miss the clean-up deadline on the decades-old Ranger uranium mine in the heart of the Kakadu under new laws introduced to federal parliament.

AAP

Nhulunbuy looks towards its post-mining future as it celebrates 50 years of existence

The remote Australian mining town of Nhulunbuy celebrates its 50th anniversary in style, while looking towards an uncertain but optimistic future.

ABC News

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Former Rio Tinto mine at Bougainville poses flood risk - report

Communities around Rio Tinto's shuttered copper mine in Bougainville face a serious threat of flooding due to unstable mine instrastructure, an interim report commissioned by the mining company said on Monday.

Reuters

Wangan and Jagalingou traditional owners use human rights law to occupy Bravus's Carmichael Coal Mine

After a series of failed legal challenges and their native title being extinguished, a group of Wangan and Jagalingou traditional owners are using a human rights act to occupy land at Bravus's Carmichael Coal mine in central Queensland.

ABC News

Company profits lift but caution prevails

A majority of Australian companies have lifted profits in the August earnings season but concerns over costs and a slowing economy weigh on the outlook.

AAP

Sacred Aboriginal sites are yet again at risk in the Pilbara. But tourism can help protect Australia’s rich cultural heritage

An application from Traditional Owners to block the construction of a fertiliser plant near ancient rock art in the Pilbara was denied by the federal Environment Minister Tanya Plibersek this week. This decision is deeply concerning, and points to a much larger problem with Indigenous heritage management.

The Conversation

The multibillion-dollar cost of decarbonising Hunter industry

An $8 billion investment in transmission storage infrastructure will be needed if Tomago Aluminium, the state's largest power consumer, is to make the switch to clean energy.

Newcastle Herald

Rio Tinto fined $57,000 after pipeline spill at Yarwun refinery near Gladstone

The mining giant pleaded guilty to two charges in the Gladstone Magistrates Court on Friday.

ABC News

Diamonds have a unique 'fingerprint' that can reveal their origins and tell you if you've bought the real deal

In the gem business, knowing a real diamond from a fake is pretty crucial. Diamonds, just like people, have a unique 'fingerprint' and the technology to map them out is getting more advanced.

ABC News

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StockNews.com

3 Dividend Stocks to Buy With Yields Over 5%

The stock market has been under pressure amid soaring prices and widespread recession fears. Amid the volatile market scenario, buying dividend stocks BHP Group (BHP), Rio Tinto (RIO), and Lumen Technologies (LUMN), which yields over 5%, could be a wise strategy to ensure a stable income stream. Read on….

The New Daily

Michael Pascoe: The professional classes make billion-dollar tax rorts possible

An army of very highly paid lawyers and accountants are beavering away at ripping off the Commonwealth, writes Michael Pascoe.

Reuters

Not enough women: miners meet in Australia under a cloud after sexism report

Global investor and economist Dambisa Moyo this week became the first woman ever to deliver the keynote speech at the mining industry's annual conference in Western Australia, a boost for the sector as it faces scrutiny over perceived sexism.

Evening Standard

Rio Tinto profits hit by commodity price tumble and rising costs

FTSE 100 company to pay out $4.3 billion in interim dividends, its second highest ever

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ABC News

Diamond jeweller Rohan Milne built a career working with rare gems. Then came a mysterious offer

Rohan Milne is not your average jeweller. In fact, he's worked in some of the most prestigious and secretive ateliers in the world. Then came an email offering to sell him diamonds recovered from a heist.

ABC News

Mining sector faces major skills shortage as environmental concerns deter Gen Z workers

Australia's mining sector is facing its "worst skills crisis in generations", and leaders say the key challenge is convincing environmentally conscious young people to join its ranks.

ABC News

Rio Tinto's bid for exploration in Dwellingup jarrah forest fiercely opposed by local community

Rio Tinto's application for permission to explore jarrah forest in WA's south west meets with strong opposition outside a hearing at the state's mining court.

The New Daily

‘Fleecing the public’: Labor puts corporate giants on notice as Rio Tinto coughs up $1 billion in tax

Corporate giants failing to pay their fair share of tax have been put on notice as Labor prepares to introduce a crackdown on multinational tax dodgers.

The Guardian - AU

Rio Tinto agrees to pay additional $613m to settle dispute with Australian tax office

Deal over mining giant’s financing arrangements and marketing hubs in Singapore is one of ATO’s biggest ever tax settlements

Reuters

Chinese consortium puts workers on forced leave after Guinea halts Simandou

Chinese-led Winning Consortium Simandou (WCS) has put workers on forced leave with the prospect of layoffs if a dispute with Guinea's government over infrastructure for a massive iron project is not resolved, three sources told Reuters.

The Guardian - UK

Copper price at lowest level since 2020 as fears over global economy grow

Fall comes amid concerns that soaring inflation will curb spending by large manufacturers

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