Rio Tinto buys CSN's Riversdale stake for $830m

Brazilian steelmaker CSN struck a deal to sell its 19.9 percent stake in Australian coal miner Riversdale to mining giant Rio Tinto for A$780 million ($830 million), according to a securities filing. See...

Rio Tinto withdraws from uranium prospecting in Jordan

One of the largest mining companies in the world has withdrawn from uranium prospecting in the southern region, citing unsatisfactory initial exploration results, the Kingdom’s state-run energy firm announced on Tuesday. British-Australian firm Rio Tinto – which...

Rio Tinto – the movie

Activists came to London from Indonesia, California, Michigan and Utah for the Rio Tinto AGM on 14 April. Watch this fifteen minute video to find out about their complaints against the company, why they wanted to attend its AGM and what they achieved by doing so: You...

Northern Dynasty looks to sell Pebble stake

One half of the Pebble Limited Partnership – the half that includes Rio Tinto – is looking to sell. The Pebble Partnership, which involves Northern Dynasty (in which Rio Tinto is a major shareholder) and Anglo American, wants to develop the controversial...

Anglo gives activist Botha the boot

Anglo American officials prevented shareholder activist Theo Botha from attending the company’s annual general meeting (AGM) in London because they were unable to confirm that Botha had a “valid right of entry to the AGM”. A lawyer described Anglo American’s move as...

Report on the Anglo American AGM, 21 April 2011

Of the three largest mining companies with London AGMs, (the other two being BHP Billiton and Rio Tinto), Anglo American is perhaps most adept at managing criticism and containing dissent. Faced with a large delegation opposing the Pebble project in Alaska, the...

Anglo American to help miners with medical claims

Global diversified miner Anglo American PLC said Thursday that it will offer to cover the medical expenses of gold miners in South Africa who have filed claims related to respiratory ailments against the company. “This is one of those situations where, even...

Coalition to save Bristol Bay, Alaska

We write on the day of Anglo American’s shareholder meeting to register deep concerns about the proposed open-cast, gold and copper Pebble Mine in Bristol Bay, Alaska. We are unusual bedfellows, including Alaska Native leaders, the director of Bristol...

Investors Oppose Pebble Mine, Call for Clean Water Review

Investor organizations holding over $170 billion in assets are urging the U.S. Environmental Protection Agency to evaluate the mine waste impacts of the proposed Pebble Mine on Alaska’s Bristol Bay watershed, an ecosystem of international significance. Pebble is...

The People's Champion? Or a Rio Ruse?

This could be yet another example of Rio Tinto displaying its “compassion towards communities”‘ – while failing to change anything to suit its bottom line. Bill Champion, managing director of Rio Tinto’s 76%-owned Coal & Allied...

Panguna mine: people say no to reopening

Clive Porabou visits residents around the site of the now-closed Panguna mine in Bougainville. Rio Tinto subsidiary BCL (Bougainville Copper Limited) is eager to reopen the mine. Many local residents are adamantly opposed. See...