- Reuters•2 hours ago
Shareholders are pressuring miner Freeport-McMoRan Inc to stand up to the Indonesian government over changes the Southeast Asian country wants to make in the U.S. miner's contract, Freeport's chief executive officer said on Monday. Rio Tinto Plc, which is a partner in Freeport's massive Grasberg copper and gold mine in Indonesia, is also supportive of Freeport's tougher approach toward Jakarta, CEO Richard Adkerson said.
- Reuters•3 hours ago
A strike at the Escondida copper mine in Chile, the world's largest, appeared far from ending on Monday as the conflict neared its third week, with the union denying a news report that it had returned to talks with mine owner BHP Billiton. Escondida's approximately 2,500 workers began a strike on Feb. 9 after contract talks with BHP failed, pushing global copper prices higher on expectations of tighter supply. Relations have been frosty, with BHP accusing the union of preventing non-union maintenance workers from entering the mine, and the union saying that BHP has failed to make back payments to workers.
- Market Realist•3 hours ago
BHP's net debt was $20.1 billion at the end of December 2016, as compared to $26.1 billion on June 30, 2016.
RIO.AX : Summary for RIO TINTO FPO - Yahoo Finance
Rio Tinto Limited (RIO.AX)
ASX - ASX Delayed Price. Currency in AUD
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|Day's Range||61.41 - 63.09|
|52 Week Range||39.95 - 69.80|
|PE Ratio (TTM)||24.48|
|Dividend & Yield||2.44 (4.84%)|
|1y Target Est||N/A|