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Rio Tinto PLC

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  • Australia shares end up 0.1 pct as miners gain Friday, 12 Oct 2012 | 1:28 AM ET

    CANBERRA, Oct 12- Australian shares edged up 0.1 percent on Friday as gains in index-heavy mining stocks helped break a two-day run of losses, but the market still ended slightly down on the week. Global miner BHP Billiton Ltd. gained 0.9 percent to A $33.54 and major rival Rio Tinto Ltd rose 1.8 percent to A $56.40, helped by a rebound in iron ore prices.

  • *Barclays raises African Barrick Gold Plc price target to 440 P from. *Barclays cuts Anglo American PLC price target to 1970 P from 2300 P;. rating underweight* Barclays cuts Bumi PLC price target to 337 P from 430 P; rating overweight.

  • CANBERRA, Oct 12- Australian shares gained more than 0.2 percent on Friday morning, recovering from two sessions of losses, as a rebound in metal prices lifted index-heavy mining stocks. Global miner BHP Billiton Ltd gained 0.8 percent to A $33.50 and major rival Rio Tinto Ltd rose more than 1.6 percent to A $56.31.

  • CANBERRA, Oct 12- Australian shares inched up 0.1 percent early on Friday as a rebound in metal prices lifted index-heavy mining stocks. Global miner BHP Billiton Ltd gained 0.5 percent and major rival Rio Tinto Ltd rose more than 1 percent. New Zealand's benchmark NZX 50 index.

  • *Canaccord Genuity cuts Antofagasta and Kazakhmys to hold. *Canaccord Genuity cuts Central Asia Metals target price to 215 P from. *Canaccord Genuity cuts Orsu Metals target price to 13 P from 14 P;.

  • *Alison kutler joins Visa as head of government policy for the americas. *Says previously kutler was vice president, external affairs at rio tinto,. *Source text* Further company coverage ().

  • Rio Tinto seeks bids for French aluminium plant Wednesday, 10 Oct 2012 | 1:03 PM ET

    *Rio Tinto unit selling one of two French plants. *Says sale triggered by expiry of power supply deal. PARIS, Oct 10- Rio Tinto is pushing ahead with plans to sell a century-old aluminium plant in the Alps of southeast France as the global mining group continues its retreat from a struggling aluminium sector.

  • NEW DELHI, Oct 10- Tata Steel's Europe unit will receive the first iron ore shipment from its Benga project in Mozambique by end-October, a top official said, a first step towards addressing the cost volatility affecting its European operations.

  • --Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, Oct 10- The job losses and cost-cutting at Australia's major iron ore producers show they are taking to heart the adage to never let a good crisis go to waste.

  • *Rio cautious on impact of China stimulus. *Optimistic on China power supply for Mongolia copper mine. LONDON, Oct 9- Global miner Rio Tinto said on Tuesday it would step up cost cuts because of an uncertain near-term outlook that includes lower growth this year in China, the world's largest consumer of key commodities.

  • BRIEF-Rio Tinto CFO - there may be asset sales to come Tuesday, 9 Oct 2012 | 10:12 AM ET

    LONDON, Oct 9- Rio Tinto PLC:.

  • RESEARCH ALERT-UBS raises Rio Tinto PLC price target Tuesday, 9 Oct 2012 | 4:18 AM ET

    Oct 9- Rio Tinto PLC:. *UBS raises Rio Tinto PLC price target to 4700 p from 4600 p; rating buy. Reuters Station users, click. 1580.

  • *Rio cautious on impact of China stimulus. *Optimistic on China power supply for Mongolia copper mine. LONDON, Oct 9- Global miner Rio Tinto cut its growth forecast for China and said it was stepping up efforts to cut costs, having already slashed $500 million, faced with an uncertain global outlook.

  • LONDON, Oct 9- Rio Tinto said on Tuesday it saw production growth ahead for its copper arm and remained "optimistic" on the outcome of talks with China on a power deal for its key Oyu Tolgoi copper-gold project, but the miner warned it was cautious on the broader economic outlook.

  • Iron ore price fall speeds up Rio Tinto cost cuts Thursday, 4 Oct 2012 | 10:15 AM ET

    *Rio cuts jobs in London, Australia. Australia's Rio Tinto- which gets some 80 percent of its profits from iron ore and is the diversified miner most exposed to fluctuations in the steelmaking ingredient- is cutting jobs in London and Melbourne, a source with knowledge of the situation told Reuters.

  • CANBERRA, Oct 2- Australian iron ore magnate Andrew Forrest and Fortescue Metals Group Ltd won a High Court appeal to overturn a conviction for misleading investors, allowing the billionaire to return as an executive director to the company he founded.

  • CANBERRA, Oct 2- Australian iron ore magnate Andrew Forrest and Fortescue Metals Group Ltd won a High Court appeal to overturn a conviction for misleading investors, allowing the billionaire to return as an executive director to the company he founded.

  • CANBERRA, Oct 2- Australian iron ore magnate Andrew Forrest and his Fortescue Metals Group have won a High Court challenge over a conviction for misleading investors, opening the way for Forrest to return as an executive director of the company he founded.

  • Human rights in focus at U.S. Supreme Court Monday, 1 Oct 2012 | 1:00 AM ET

    Oct 1- The U.S. Supreme Court, back in session today after its summer recess, is expected to take up a closely watched case that could help it decide whether American judges are empowered to hear lawsuits over human rights atrocities abroad.

  • Australia Mining Boom Over but Far From Bust     Thursday, 23 Aug 2012 | 10:50 PM ET

    Gaurav Sodhi, Resources Analyst, Intelligent Investors says Australia's boom mining days are no more given today's falling commodity prices. He thinks producers should shift focus to increasing volumes to see higher profits.