at the very Core of it all … is Content!
BHP Billiton notes recent speculation about the Group’s portfolio. As we have said previously, the simplification of our portfolio is a priority and is something we have pursued for several years. In the last two years alone, the Group has announced or completed divestments in Australia, the United States, Canada, South Africa and the United …
Rio Tinto has reached a binding agreement to sell its Eagle project to Lundin Mining Corporation for an estimated US$325 million in cash. This transaction is expected to close in the third quarter of 2013 and is subject to regulatory approval. The Eagle project in the Upper Peninsula of Michigan in the United States includes …
Rio Tinto expects to recognise a non-cash impairment charge of approximately US$14 billion (post tax) in its 2012 full year results. These impairments include an amount of approximately US$3 billion relating to Rio Tinto Coal Mozambique (RTCM), as well as reductions in the carrying values of Rio Tinto’s aluminium assets (mostly Rio Tinto Alcan (RTA) …
Rio Tinto has priced EUR 1.25 billion and GBP 500 million of fixed rate notes under its European Debt Issuance Programme. The notes will be issued by Rio Tinto Finance plc and will be unconditionally and irrevocably guaranteed by Rio Tinto plc and Rio Tinto Limited. The Euro denominated offering comprises (i) long 7-year notes …