Rio Tinto (corporation)

Canadian Mining Companies Recognized for Excellence in Sustainable Mining

Retrieved on: 
Mardi, mai 2, 2023

Mining companies recognized by the TSM Excellence Awards represent the best of the best when it comes to exemplary responsible practices and strong commitments to ESG," said Pierre Gratton, MAC's President and CEO.

Key Points: 
  • Mining companies recognized by the TSM Excellence Awards represent the best of the best when it comes to exemplary responsible practices and strong commitments to ESG," said Pierre Gratton, MAC's President and CEO.
  • Established in 2014, the TSM Excellence Awards include the TSM Environmental Excellence Award and the TSM Community Engagement Excellence Award.
  • Several years ago, employees at Diavik recognized an opportunity to repurpose copper wire from predominantly completed underground mining levels.
  • Companies who achieve ISO 50001 are widely recognized as being top performers in sustainable operations.

Canada Is a Global Destination for Low-Carbon Investment

Retrieved on: 
Mercredi, avril 19, 2023

Canada is positioned to attract significant investment in the low-carbon sector.

Key Points: 
  • Canada is positioned to attract significant investment in the low-carbon sector.
  • Ford (NYSE: F) is also doubling down on domestic operations by collaborating with companies such as Vale Canada Ltd.
  • Therefore, Canada's potential as a global destination for low-carbon investment, particularly in the area of lithium mining and production, is likely to remain high.
  • The Honourable François-Philippe Champagne, Canada's Minister of Innovation, Science and Industry, said : “Canada is a global destination of choice for low-carbon investment.

Riley Gold Appoints New Independent Directors

Retrieved on: 
Lundi, avril 10, 2023

VANCOUVER, British Columbia, April 10, 2023 (GLOBE NEWSWIRE) -- Riley Gold Corp. (TSX.V: RLYG) (OTCQB: RLYGF) (“Riley Gold” or the “Company”) is pleased to announce that Dr. Thomas (“Tom”) Patton and Mr. John Schaff have been appointed to the Board of Directors (“BOD”) of the Company.

Key Points: 
  • VANCOUVER, British Columbia, April 10, 2023 (GLOBE NEWSWIRE) -- Riley Gold Corp. (TSX.V: RLYG) (OTCQB: RLYGF) (“Riley Gold” or the “Company”) is pleased to announce that Dr. Thomas (“Tom”) Patton and Mr. John Schaff have been appointed to the Board of Directors (“BOD”) of the Company.
  • Tom is currently a Director and Co-Chairman of Lion Copper & Gold (formerly Quaterra Resources, Inc.).
  • “We are excited to welcome Tom and John to the Riley Gold team and look forward to their contribution to the success of the Company.
  • Both are well respected experienced professionals in the mining sector including Nevada, where Riley Gold has its Pipeline West Clipper and Tokop gold projects,” commented Todd Hilditch, President and Director.

Defense Metals Joins Discovery Group and Appoints a New Director

Retrieved on: 
Lundi, avril 10, 2023

VANCOUVER, BC, April 10, 2023 /PRNewswire/ - Defense Metals Corp. ("Defense Metals" or the "Company"; (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) announces that Defense Metals has joined the Vancouver-based Discovery Group led by Mr. John Robins and Mr. Jim Paterson.

Key Points: 
  • VANCOUVER, BC, April 10, 2023 /PRNewswire/ - Defense Metals Corp. ("Defense Metals" or the "Company"; (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) announces that Defense Metals has joined the Vancouver-based Discovery Group led by Mr. John Robins and Mr. Jim Paterson.
  • John Robins, Co-Founder and Principal of Discovery Group commented:
    "We are excited to welcome Defense Metals into Discovery Group.
  • In my opinion, Defense represents a world-class opportunity in the rare earth / critical metals space.
  • Viewed as being one of the highest grade deposits globally, and led by a strong management and technical team, Defense has all the attributes we look for in a Discovery Group company.

ENTRÉE RESOURCES ANNOUNCES FISCAL YEAR 2022 RESULTS and REVIEWS CORPORATE HIGHLIGHTS

Retrieved on: 
Vendredi, mars 31, 2023

The Hugo North Extension deposit on the Entrée/Oyu Tolgoi JV Property is located at the northern portion of Panel 1.

Key Points: 
  • The Hugo North Extension deposit on the Entrée/Oyu Tolgoi JV Property is located at the northern portion of Panel 1.
  • The Shaft 3 headframe was commissioned and sinking commenced on March 31, 2022.
  • The final depths required for Shafts 3 and 4 are 1,148 metres and 1,149 metres below ground level, respectively.
  • For the 2022 fiscal year, the operating loss was $3.6 million compared to $3.0 million in 2021.

Creation of 'Lithium OPEC' Underway in South America as EV Demand Surges Worldwide

Retrieved on: 
Jeudi, mars 30, 2023

VANCOUVER, B.C., March 30, 2023 /PRNewswire/ -- USA News Group - Thanks to the Lithium Triangle and a new mine coming online in Brazil, South America is set to become to lithium what the Middle East is to petroleum. Discussion surrounding the creation of a so-called "Lithium OPEC" is underway between Argentina, Chile, Bolivia, and Brazil, with the group potentially set to emulate similar strategies of OPEC, according to a group of Argentinian representatives at the annual PDAC Convention held in Toronto in March 2023. With the three Lithium Triangle countries (Argentina, Chile, Bolivia) making up more than 60% of the world's known lithium resources, it's clear why there's been a race to secure lithium assets in the region. Several miners are making huge strides in South America's lithium scene, including Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), Livent Corporation (NYSE:LTHM), Allkem Limited (TSX:AKE) (OTC:OROCF), Lithium Americas, and Rio Tinto Group (NYSE:RIO).

Key Points: 
  • So far the evaluation of the HMN Li Project has progressed significantly, including a Preliminary Economic Assessment (PEA) completed in April 2019.
  • This assessment was based on an original Tramo claim that covered 383 hectares of the project's initial claims.
  • "Sal de Vida construction is well underway, and James Bay is advancing with approvals received by the federal government for the ESIA.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Creation of 'Lithium OPEC' Underway in South America as EV Demand Surges Worldwide

Retrieved on: 
Jeudi, mars 30, 2023

VANCOUVER, B.C., March 30, 2023 /PRNewswire/ -- USA News Group - Thanks to the Lithium Triangle and a new mine coming online in Brazil, South America is set to become to lithium what the Middle East is to petroleum. Discussion surrounding the creation of a so-called "Lithium OPEC" is underway between Argentina, Chile, Bolivia, and Brazil, with the group potentially set to emulate similar strategies of OPEC, according to a group of Argentinian representatives at the annual PDAC Convention held in Toronto in March 2023. With the three Lithium Triangle countries (Argentina, Chile, Bolivia) making up more than 60% of the world's known lithium resources, it's clear why there's been a race to secure lithium assets in the region. Several miners are making huge strides in South America's lithium scene, including Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), Livent Corporation (NYSE:LTHM), Allkem Limited (TSX:AKE) (OTC:OROCF), Lithium Americas, and Rio Tinto Group (NYSE:RIO).

Key Points: 
  • So far the evaluation of the HMN Li Project has progressed significantly, including a Preliminary Economic Assessment (PEA) completed in April 2019.
  • This assessment was based on an original Tramo claim that covered 383 hectares of the project's initial claims.
  • "Sal de Vida construction is well underway, and James Bay is advancing with approvals received by the federal government for the ESIA.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

SEC Charges Rio Tinto plc with Bribery Controls Failures

Retrieved on: 
Lundi, mars 6, 2023

Washington, D.C.--(Newsfile Corp. - March 6, 2023) - The Securities and Exchange Commission today announced charges against global mining and metals company, Rio Tinto plc, for violations of the Foreign Corrupt Practices Act (FCPA) arising out of a bribery scheme involving a consultant in Guinea.

Key Points: 
  • Washington, D.C.--(Newsfile Corp. - March 6, 2023) - The Securities and Exchange Commission today announced charges against global mining and metals company, Rio Tinto plc, for violations of the Foreign Corrupt Practices Act (FCPA) arising out of a bribery scheme involving a consultant in Guinea.
  • The consultant began working on behalf of Rio Tinto without a written agreement defining the scope of his services or deliverables.
  • Eventually the mining rights were retained, and the consultant was paid $10.5 million for his services, which Rio Tinto never verified.
  • "Even well-designed controls need committed managers to be effective," said Charles E. Cain, Chief of the SEC Division of Enforcement’s FCPA Unit.

Uranium Energy Corp Announces Inaugural Sustainability Report

Retrieved on: 
Mardi, mars 14, 2023

CORPUS CHRISTI, Texas, March 14, 2023 /PRNewswire/ - Uranium Energy Corp (NYSE American: UEC) (the "Company" or "UEC") is pleased to announce the completion of its inaugural Sustainability Report (the "Report").

Key Points: 
  • CORPUS CHRISTI, Texas, March 14, 2023 /PRNewswire/ - Uranium Energy Corp (NYSE American: UEC) (the "Company" or "UEC") is pleased to announce the completion of its inaugural Sustainability Report (the "Report").
  • Our Environmental, Social and Governance program, launched in 2021, formalizes and builds upon the strong environmental, health and safety record the Company prides itself on.
  • Reclamation is an important part of the uranium project lifecycle, ensuring the restoration of affected nature and biodiversity at our project sites."
  • UEC is powering the clean energy future as a leading supplier of low-cost, environmentally-friendly uranium for the nuclear industry from proven, politically stable resource jurisdictions."

Rio Tinto Finance (USA) plc prices US$1.75 billion of fixed rate notes

Retrieved on: 
Mardi, mars 7, 2023

Rio Tinto has priced US$650 million of 10-year fixed rate SEC-registered debt securities and US$1.1 billion of 30-year fixed rate SEC-registered debt securities.

Key Points: 
  • Rio Tinto has priced US$650 million of 10-year fixed rate SEC-registered debt securities and US$1.1 billion of 30-year fixed rate SEC-registered debt securities.
  • The bonds will be issued by Rio Tinto Finance (USA) plc and will be fully and unconditionally guaranteed by Rio Tinto plc and Rio Tinto Limited.
  • The offering to which this media release relates was made pursuant to an effective registration statement that Rio Tinto Finance (USA) Limited, Rio Tinto Finance (USA) plc, Rio Tinto Finance (USA) Inc., Rio Tinto plc and Rio Tinto Limited (together, “Rio Tinto”) filed with the US Securities and Exchange Commission (the “SEC”) and only by means of a prospectus supplement and accompanying base prospectus.
  • Rio Tinto will file with the SEC a final prospectus supplement to the base prospectus for the offering.