South Korea's inflation rises to 5-month high "It is clear that no single individual or error was responsible for the destruction of the Juukan rockshelters," said Rio Tinto chairman Simon Thompson. RIO TINTO PLC RIO Company page - Search stock, chart, recent trades, company information, trading information, company news, fundamentals
"We will implement important new measures and governance to ensure we do not repeat what happened at Juukan Gorge and we will continue our work to rebuild trust with the Puutu Kunti Kurrama and Pinikura people," said Mr Thompson.The review found that while the company had obtained legal authority for the blasts, the decision fell short of the standards and internal guidance Rio Tinto had set for itself.It also found that the firm had failed to properly engage with the Puutu Kunti Kurrama people, the traditional owners of the site.After the caves were destroyed, a PKKP representative, John Ashburton, said losing the site was a "devastating blow". "But there were numerous missed opportunities over almost a decade and the company failed to uphold one of Rio Tinto's core values - respect for local communities and for their heritage. BHP, the world's largest listed miner by market value, reported a net profit of $7.96 billion for the 12 months through June, down from $8.31 billion a year earlier.U.S.
Have Watchlists? The Energy and Minerals includes businesses with products such as uranium, borates, salt and titanium dioxide feedstock together with coal operations. SYDNEY -- BHP Group Ltd. reported a 4% drop in annual net profit, and said it wanted to stop mining thermal coal and would seek buyers for some older oil and gas assets.
Get Rio Tinto PLC (RIO-GB:London Stock Exchange) real-time stock quotes, news and financial information from CNBC. Rio Tinto Company, respaldada por sus inversiones internacionales, pudo vender dos tercios de sus operaciones españolas en 1954 y el resto en los años siguientes. The mining major increased its midyear dividend as it balanced high iron-ore prices with an uncertain outlook for the global economy.Global investors are piling into bullish wagers on copper prices, sparking the quickest rally in the industrial metal in years and signaling that many money managers remain hopeful about the economic outlook despite rising coronavirus cases in much of the U.S.The miner has apologized for destroying two Australian rock shelters that contained a trove of artifacts indicating they had been occupied by humans more than 46,000 years ago.Lithium Junior Miner News For The Month Of August 2020Norwegian asset manager sells out of Exxon, Chevron on climateA long-contested copper and gold mine near Bristol Bay along the southwest coast of Alaska was given a go-ahead in late July, but that could be withdrawn if a report that Trump plans to withhold support from the mine.Top Rio Tinto execs lose bonuses but keep jobs after sacred cave blastsRio Tinto: Loading Up On This 6.1%-Yielding Basic Materials Giant - Several Risks RemainCopper rose above $3 a pound for the first time in more than two years, extending a recent rally driven by steady Chinese demand and disruptions to global supply. The Aluminium segment produces bauxite, alumina and primary aluminum. Netflix Inc. stock rises Tuesday, outperforms market
""We pay our respects to the Puutu Kunti Kurrama and Pinikura People," he added.The PKKP Aboriginal Corporation declined to comment.The return of millions of pupils begins as teachers make final changes to meet latest guidelines.
Iron ore rally could run out of steam as supply risks fade, analysts sayRio cuts refined copper production view following Utah delaysCiti lifts copper price outlook as LME stockpiles slide to lowest since 2007BHP underlying profit misses expectations; seeks to exit coal operationsBHP Group reported a 4% drop in annual net profit, and said it wanted to stop mining thermal coal and would seek buyers for some older oil and gas assets.
U.S. won’t join WHO-linked global effort to find COVID-19 vaccine
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