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 Expects Volatility, Says Copper Outlook Positive

By Robb M. Stewart MELBOURNE--Rio Tinto PLC (RIO), which is developing one of the world's largest mines in Mongolia, Thursday said the long-term outlook for copper remains positive even though volatility in commodity prices is likely to persist in the near term. Demand for copper has "plenty of growth potential," Andrew Harding, chief executive of the Anglo-Australian company's copper division, said in a slide presentation released to coincide with a resources conference in Hong Kong. Mr. Harding said the Oyu Tolgoi copper and gold project near Mongolia's border with China is now 85% complete and on track for first commercial production by 2013. The first phase of the project's development will see the construction of an open-pit mining operation, and will in time be followed by underground development, expansion of the mill and the building of a power station. Rio is the operator of Oyu Tolgoi and majority owner of Ivanhoe Mines Ltd. (IVN), which owns 66% of the project to the Mongolian government's 34%. When fully operational, Oyu Tolgoi is forecast to produce average 1.2 billion pounds of copper a year in the first 10 years, 650,000 troy ounces of gold and more than 3 million ounces of silver. Write to Robb M. Stewart at robb.stewart@wsj.com

Stock News for Companhia Vale (RIO)
DateTimeHeadline
02/12/201603:02:00Commodities Slump Batters Rio Tinto
02/11/201615:44:00Rio Tinto and Indspire launch $2 million award program for Indigenous...
02/11/201615:40:00Rio Tinto et l'organisme pancanadien Indspire lancent un programme...
02/11/201611:18:00Correction to Rio Tinto Likely To Pay Dividend in 2017 Story
02/11/201606:00:00Rio Tinto Likely To Pay Dividend in 2017 But Board to Decide--CFO
02/11/201605:00:00Global Stocks Slide After Fed Sparks Investor Concerns
02/11/201602:40:00Rio Tinto Swings to Annual Loss, Alters Dividend Policy
02/11/201601:44:00Rio Tinto Swings to Annual Loss, Scraps Dividend Policy
02/08/201611:24:00Rio Tinto Full-year 2015 -- Forecast
02/05/201616:02:00Six Members Resign From London Metal Exchange--Update
02/05/201615:50:00Six Members Resign From London Metal Exchange
02/05/201615:37:00Six Members Resign From London Metal Exchange
01/26/201617:25:00Rio Tinto to Sell Mount Pleasant Coal Deposit for US$224 Million...
01/18/201617:18:00Rio Tinto Records 11% Jump in Annual Iron-Ore Shipments
01/14/201611:28:00Rio Tinto Freezes All Salaries Including CEO's for 2016
01/11/201617:53:00Energy Resources of Australia Uranium Output Rises
01/07/201607:10:00Oil and Mining Stocks Drag FTSE 100 Lower
01/06/201605:30:00Global Stocks Pressured by North Korea, China
12/30/201501:06:00Australia Shares Climb to Two-Month High
12/23/201523:13:00Australian Shares End Week Higher, Lifted by Resources Stocks

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 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad