ADVFN - Advanced Financial Network.
HOME» NYSE » C » RIO Stock Price » RIO Stock News

Companhia Vale Share News

 Companhia Vale Do Rio Doce Stock Price
RIO Stock Price
 Companhia Vale Do Rio Doce Stock Chart
RIO Stock Chart
 Companhia Vale Do Rio Doce Stock News
RIO Stock News
 Companhia Vale Do Rio Doce Company Information
RIO Company Information
 Companhia Vale Do Rio Doce Stock Trades
RIO Stock Trades

Rio Tinto Names Kim Truter Managing Director of Argyle Mine

By Robb M. Stewart MELBOURNE--Rio Tinto PLC (RIO) Wednesday said it has appointed Kim Truter as managing director of the company's Argyle mine in Australia, the world's largest producer of colored diamonds and the only consistent producer of rare pink diamonds. Mr. Truter has held a number of senior roles at the Anglo-Australian mining company, including most recently as president and chief operating officer of the Diavik diamond mine in Canada. The appointment comes as Rio considers the possible sale of its diamonds operations, which also include the Murowa mine in Zimbabwe and advanced Bunder mining project in India. Rio produces roughly 20% of the world's rough diamonds by volume, according to the company's website. "The Argyle diamond mine is an iconic Australian operation and it plays an important role in Rio Tinto's global diamonds business," Mr. Truter said in a statement. The mine is located 2,500 kilometers from Perth in Western Australia state. Production began in 1985 and the company said it has since produced almost 800 million carats. The Argyle operation is currently switching to an underground mining operation below the existing open pit, which Rio has said will extend its mine life to at least 2019. Rio in March said it was reviewing its options for its diamonds business despite a positive outlook for diamonds, with demand growing and supply limited by a lack of new discoveries. Write to Robb M. Stewart at [email protected]

Stock News for Companhia Vale (RIO)
DateTimeHeadline
02/24/201702:04:00Australia Stocks Led Lower by Miners
02/22/201703:02:00Commodities Report: Mining Back to Unearthing Profit -- WSJ
02/21/201716:26:00Mining Companies Soar Back to Profit--3rd Update
02/21/201712:29:00Mining Companies Soar Back to Profit--2nd Update
02/21/201703:02:00Copper's Shine Returns Mining Firms Ride Copper Copper Pays Off...
02/19/201709:43:00Mining Giants Ride Copper's Wave
02/09/201717:28:00Shell CFO Among 3 Directors Named to Rio Tinto Board
02/09/201710:52:00Workers at BHP Billiton Copper Mine In Chile Go On Strike...
02/08/201705:16:00Rio Tinto Rewards Investors After Return to Profit
02/08/201701:42:00Rio Tinto Returns to Profit, Plans Share Buyback
02/07/201720:28:00Workers at World's Biggest Copper Mine Prepare for Strike
02/07/201700:34:00Rio Tinto Gifts Bunder Diamond Project to Government of Madhya...
02/04/201718:15:00Rio Tinto, Other Miners Get Pickup From Prices
02/04/201707:29:00Rio Tinto, Other Miners Get Pickup From Prices
02/01/201704:28:00Savannah Resources: Ravene Drill Program Completed at Mutamba
01/24/201717:52:00ADRs End Mostly Higher; BT Trades Actively
01/24/201710:25:00Rio Tinto Unloads Most of Its Coal Assets in $2.4 Billion Deal...
01/24/201704:49:00Rio Tinto to Sell Coal & Allied
01/16/201717:27:00Rio Tinto Annual Iron Ore Shipments Rise
01/09/201714:01:00The Law Offices of Howard G. Smith Announces the Filing of a...

Companhia Vale and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US