Rio Tinto PLC
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Australian stocks retreated from Tuesday's four-and-a-half-year high after Chinese manufacturing data revealed the nation's economic recovery may not be on solid footing while the Nikkei 225 extended losses as the yen strengthened.
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*Seen taking C $770 mln to C $1.8 bln extra over 12 years. May 7- The Quebec government has laid out plans to extract up to C $1.8 billion more in taxes from the mining sector over the next 12 years, with measures that include a minimum royalty, arguing that Quebecers need to see greater benefits from mining ventures in the province.
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LONDON, May 07 Rio Tinto and BHP Billiton's commitment to progressive dividend policies limits their options for cutting cash outgoings and makes it harder to maintain positive free cash flow in the current soft commodity price environment, Fitch Ratings says.
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**ARUBA NETWORKS INC, Monday close $22.05, down 20 pct pre market. **MICROSOFT CORP, Monday close $33.75.
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**MICROSOFT CORP, Monday close $33.75.
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**MICROSOFT CORP, Monday close $33.75.
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SYDNEY, May 3- Global miner Rio Tinto Ltd. Initial mandated lead arrangers BNP Paribas and Standard Chartered Bank were allocated $250 million each. Australia and New Zealand Banking Group, Credit Agricole CIB, HSBC, ING Bank, Natixis, Societe Generale.
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Australian stocks retreated from Tuesday's four-and-a-half-year high after Chinese manufacturing data revealed the nation's economic recovery may not be on solid footing while the Nikkei 225 extended losses as the yen strengthened.
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NEW YORK, April 30- Rio Tinto Alcan. said it has suspended anode production at its 424,000- tonne-per-year Alma aluminum smelter in northern Quebec while it investigates the cause of a accident overnight that killed a worker at the facility. The Syndicat des M tallos, the United Steelworkers branch in Quebec, said the accident victim was a woman.
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NEW YORK, April 30- Rio Tinto Alcan has suspended anode production at its 424,000- tonne-per-year Alma aluminum smelter in northern Quebec while it investigates the cause of a fatal accident overnight. The plant, which is located in Saguenay-Lac-Saint-Jean, about 310 miles northeast of Montreal, produces 250,000 anodes per year.
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April 30- Rio Tinto Alcan:. at Alma facility in Quebec. accident at its Alma facility in lac-saint jean, Quebec.
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NEW YORK, April 30- Rio Tinto Alcan. said it has suspended anode production at its 424,000- tonne-per-year Alma aluminum smelter in northern Quebec while it investigates the cause of a accident overnight that killed a worker at the facility. The Syndicat des M tallos, the United Steelworkers branch in Quebec, said the accident victim was a woman.
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----------PREVIOUS ITEMS Qatar Airways, Air Arabia may invest in India- Times of India---------- Air India plans more direct flights to fight competition- Mint---------- Etihad offers $300 mln cheap loan to Jet Airways- Economic Times----------.
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Mining group Rio Tinto plans to almost halve the size of its London head office, cutting more than 200 jobs as it tries to slash more than $5 billion in costs by the end of next year.
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*India to release infrastructure output data for March. *India to likely release the fiscal deficit data for April-March. *Bharti Infratel Ltd, the telecommunications tower unit of top Indian mobile phone carrier Bharti Airtel Ltd.
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JOHANNESBURG/ LONDON, April 29- Mining group Rio Tinto plans to almost halve the size of its London head office, according to an internal memo seen by Reuters, cutting more than 200 jobs as it tries to slash more than $5 billion in costs by the end of next year.
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*Rio Tinto had been considering shutdown at Sebree smelter* Sebree, in Kentucky, employs more than 500. April 29- Century Aluminum Co said on Monday it would buy a Kentucky smelter from Rio Tinto and announced a tentative deal on power costs for a nearby smelter it had threatened to close, sending its shares up more than 9 percent.
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By Anjuli Davies and Clara Ferreira-Marques. LONDON, April 29- With the world's largest miners flocking to sell assets, cost cuts across the industry and a virtual drought in buyers, private equity funds may finally be tempted into a sector long seen as potentially lucrative but risky.
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JOHANNESBURG/ LONDON, April 29- Mining group Rio Tinto plans to almost halve the size of its London head office, according to an internal memo seen by Reuters, cutting more than 200 jobs as it tries to slash more than $5 billion in costs by the end of next year.
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*Rio Tinto had been considering shutdown at Sebree smelter. *Sebree, in Kentucky, employs more than 500. Century, partially owned by a subsidiary of Glencore International PLC, will buy the Sebree smelter in Henderson County, Kentucky, from the global mining giant for $61 million in cash and receive $71 million in working capital.
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LONDON, April 26- Rio Tinto's Kennecott Utah Copper expects to begin transporting copper ore to the concentrator at its Bingham Canyon mine in the next few days, after a landslide forced it to stop operations. Kennecott is the second-largest copper producer in the United States.