Rio Tinto Group (LON:RIO) has had a rough three months with its share price down 14%. However, a closer look at its...
Mining companies seeking to accelerate exploration of scarce critical minerals are set to lead capital raisings in Canada this year, the chief executive officer of the Toronto Stock Exchange said on Monday, as sectors such as technology take a back seat amid market volatility. A big source of capital for the critical minerals sector this year is coming from large corporations like BHP Ltd and Rio Tinto, which are throwing their weight behind junior miners to help expedite exploration projects. Junior miners are encouraged by the Canadian government's plan, announced in this year's budget, to allocate C$4 billion ($3.1 billion) to critical minerals.
(Reuters) -A U.S. appeals court has ruled that the federal government may give thousands of acres in Arizona to Rio Tinto Plc for a copper mine, upholding a lower court's ruling and rejecting a request from Native Americans who said the land has religious and cultural import. The 2-1 ruling from the San Francisco-based 9th U.S. Circuit Court of Appeals, issued late Friday night, essentially defers to a 2014 decision made by the U.S. Congress and then-President Barack Obama to give the land to Rio for its Resolution Copper project as part of a complex land swap deal.