Tom Albanese

Rio Tinto shedding jobs, assets in cost-cutting drive

Source: ABC (Australia) Online

Mining giant Rio Tinto is moving ahead with plans to reduce staff and sell assets amid efforts to reduce operating costs by $US5 billion over the next two years. Chief executive Sam Walsh addressed an annual general meeting in ...
Full article at: ABC (Australia) Online  More like this  May 9 2013, 6:31am CDT

UPDATE 2-Rio Tinto expects Mongolia nod for copper exports soon

Source: Reuters Mobile

* Rio Tinto CEO rejects idea of a fire sale of unwanted assets * Should offset impact of disruption at copper mine in Utah * Defends plans to expand iron ore mining as market softens SYDNEY, May 9 (Reute ...
Full article at: Reuters Mobile  More like this  May 9 2013, 2:34am CDT

Markets Live: ASX lacks direction

Source: The Age

The Australian share market was flat at noon as traders consolidated gains following weakness among some of the key banks. 1:51pm: Opposition Leader Tony Abbott says his industrial relations policy will protect the pay and conditions of workers and ...
Full article at: The Age  More like this  May 8 2013, 10:03pm CDT

Markets Live: ASX sluggish on open

Source: The Age

Aussie stocks are sluggish after offshore markets rose with commodities, while local investors await official jobs data for April and digest NAB's first half profit result. 11:15am: One shareholder at the Rio Tinto AGM has dubbe ...
Full article at: The Age  More like this  May 8 2013, 6:42pm CDT

Chief of mining giant Rio Tinto warns of further job cuts

Source: China Post

SYDNEY -- Rio Tinto chief Sam Walsh on Sunday warned of more job cuts as the mining giant works to make US$5 billion in savings by the end of 2014, but he was upbeat about demand for iron ore from China. The comments follow the Anglo-Australia ...
Full article at: China Post  More like this  May 6 2013, 2:19am CDT

Mick Davis appoints Goldman Sach to raise funds

Source: The Telegraph

Mick Davis, former chief executive of miner Xstrata, is believed to have hired Goldman Sachs to raise money for a comeback following his departure from the company he developed on Friday. Mr Davis, who built up Xstr ...
Full article at: The Telegraph  More like this  May 5 2013, 2:35am CDT

Four Principal of Managerial Functions

Source: OpPapers.com

Sample article: Roberts, G 2013, Rio Tinto eyes huge growth, Australian Associated Press Pty Limited, accessed 23/3/2013, http://www.news.com.au/business/breaking-news/rio-tinto-lifts-iron-ore-production/story-e6frfkur-1226554420329 This ess ...
Full article at: OpPapers.com  More like this  May 3 2013, 8:03pm CDT

Earth Day 2013 - Pebble Mine Opposition Outlasts Anglo American and Rio Tinto CEOs

Source: Natural Resources Defenses Council

Today is Earth Day -- a day to celebrate and strengthen our year-round commitment to protecting the world's great endangered places. These are natural gems -- biogems -- that enrich us all. Special places on our small planet we simply can't afford to los ...
Full article at: Natural Resources Defenses Council  More like this  Apr 22 2013, 5:44pm CDT

Rio Tinto paying top dollar for coal miners

Source: The Gympie Times

WHEN coal prices boomed, so too did Rio Tinto. However, they were also forced to pay top dollar for workers as a crippling skills shortage pitted mine companies against one another. But with prices low and the crisis easing, ...
Full article at: The Gympie Times  More like this  Apr 19 2013, 3:30pm CDT

Rio Tinto paying top dollar for coal miners

Source: The Ipswich Advertiser

WHEN coal prices boomed, so too did Rio Tinto. However, they were also forced to pay top dollar for workers as a crippling skills shortage pitted mine companies against one another. But with prices low and the ...
Full article at: The Ipswich Advertiser  More like this  Apr 19 2013, 3:27pm CDT



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