Rio Tinto (corporation)

The Fifth CIIE is ready to open its door to worldwide participants

Retrieved on: 
Friday, September 16, 2022

This year, many organizing agencies from countries such as Norway and Belgium have joined the CIIE network for the first time.

Key Points: 
  • This year, many organizing agencies from countries such as Norway and Belgium have joined the CIIE network for the first time.
  • Over the last few years, the organizers of the CIIE have been establishing subsections within exhibition areas to enhance service standards.
  • Since 2018, more than 120 countries in total participated in the country exhibition, showcasing foreign countries' passion for the CIIE.
  • Be sure to browse the official website of the CIIE for more information about the upcoming fifth edition: https://www.ciie.org/zbh/en/ .

The Fifth China International Import Expo prepares to open its door to worldwide participants

Retrieved on: 
Friday, September 16, 2022

This year, many organizing agencies from countries such as Norway and Belgium have joined the CIIE network for the first time.

Key Points: 
  • This year, many organizing agencies from countries such as Norway and Belgium have joined the CIIE network for the first time.
  • These agencies will play an important role in inviting local small and medium-sized enterprises to take part in the expo.
  • Member nations of the Regional Comprehensive Economic Partnership Agreement (RCEP) are also planning to participate in the expo.
  • Be sure to browse the official website of the CIIE for more information about the upcoming fifth edition: https://www.ciie.org/zbh/en/ .

Rio Tinto and Baowu agree to form joint venture to develop Western Range

Retrieved on: 
Wednesday, September 14, 2022

Rio Tinto (54 per cent) and China Baowu Steel Group Co. Ltd (Baowu) (46 per cent) have agreed to enter into a joint venture with respect to the Western Range iron ore project in the Pilbara, Western Australia, investing $2 billion ($1.3 billion Rio Tinto share1) to develop the mine.

Key Points: 
  • Rio Tinto (54 per cent) and China Baowu Steel Group Co. Ltd (Baowu) (46 per cent) have agreed to enter into a joint venture with respect to the Western Range iron ore project in the Pilbara, Western Australia, investing $2 billion ($1.3 billion Rio Tinto share1) to develop the mine.
  • Rio Tinto and Baowus partnership in the Pilbara dates back to the 2002 Bao-HI Joint Venture to develop the Eastern Range deposits in the Hamersley Ranges (Eastern Range) and Western Range, subject to a production cap of 200 million tonnes.
  • Rio Tinto Iron Ore Chief Executive Simon Trott said This is a very significant milestone for both Rio Tinto and Baowu, our largest customer globally.
  • Baowu Resources Chairman Shi Bing said "The signing of the joint venture agreement for the Western Range Project is a significant event in the history of cooperation between Baowu and Rio Tinto.

American Pacific Mining Announces Filing of 43-101 Technical Report for the Gooseberry Project and Receives Amended Drill Permits

Retrieved on: 
Tuesday, September 13, 2022

The Technical Report, entitled Technical Report, Gooseberry Property, Storey County, Nevada, USA and dated August 15, 2022 (effective date of June 15, 2022), has been prepared for the Company by Van Phu Bui, P.

Key Points: 
  • The Technical Report, entitled Technical Report, Gooseberry Property, Storey County, Nevada, USA and dated August 15, 2022 (effective date of June 15, 2022), has been prepared for the Company by Van Phu Bui, P.
  • The Technical Report is available on www.sedar.com under American Pacifics profile and on the Companys website at Gooseberry | American Pacific Mining Corp.
    Additionally, American Pacific recently received approval from the Bureau of Land Management (BLM) for the Phase II 2022 drilling program at the Gooseberry Project.
  • About American Pacific Mining Corp.
    American Pacific Mining Corp. is a precious and base metals explorer with a core focus on opportunities in the Western United States.
  • On Behalf of the Board of American Pacific Mining Corp.
    Corporate Office: Suite 910 510 Burrard Street Vancouver, BC, V6C 3A8 Canada

DGAP-News: ALTALEY MINING ANNOUNCES APPOINTMENT OF NEW CEO

Retrieved on: 
Monday, September 12, 2022

Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) (the "Company" or "Altaley") is pleased to announce that Mr. Mike Struthers has been appointed to the position of Chief Executive Officer (CEO) and a Director of the Company.

Key Points: 
  • Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) (the "Company" or "Altaley") is pleased to announce that Mr. Mike Struthers has been appointed to the position of Chief Executive Officer (CEO) and a Director of the Company.
  • Former CEO (3 years) and Director of Empire Metals Ltd., an AIM-listed exploration and resource development company, and current CEO of Candelaria Mining Corp. a TSX.V listed Mexican exploration and development company.
  • On his appointment, Mike Struthers commented: I am delighted to join the Altaley team to help build the Company into a significant player in the Mexican mining scene.
  • Altaley Mining Corporation is a Canadian based mining company with two 100% owned Mexican gold, silver, and base metal mining projects.

American Pacific Mining Announces Appointment of Vice President Exploration

Retrieved on: 
Monday, September 12, 2022

VANCOUVER, British Columbia, Sept. 12, 2022 (GLOBE NEWSWIRE) -- American Pacific Mining Corp. (CSE: USGD / OTCQX: USGDF / FWB: 1QC) (American Pacific or the Company) is pleased to announce that Mr. Josh Carron has joined the Company as Vice President Exploration and will be based in Nevada, USA.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 12, 2022 (GLOBE NEWSWIRE) -- American Pacific Mining Corp. (CSE: USGD / OTCQX: USGDF / FWB: 1QC) (American Pacific or the Company) is pleased to announce that Mr. Josh Carron has joined the Company as Vice President Exploration and will be based in Nevada, USA.
  • American Pacific will benefit greatly from Mr. Carrons experience which is highly relevant to our Company's exploration and development objectives, commented CEO Warwick Smith.
  • About American Pacific Mining Corp.
    American Pacific Mining Corp. is a precious and base metals explorer with a core focus on opportunities in the Western United States.
  • On Behalf of the Board of American Pacific Mining Corp.
    Corporate Office: Suite 910 510 Burrard Street Vancouver, BC, V6C 3A8 Canada

Rio Tinto and Turquoise Hill enter into definitive arrangement agreement for Rio Tinto to acquire full ownership of Turquoise Hill

Retrieved on: 
Tuesday, September 6, 2022

Rio Tinto has entered into a binding agreement (the Arrangement Agreement) to acquire all of the remaining shares of Turquoise Hill Resources Ltd (TSX: TRQ) (NYSE: TRQ) (Turquoise Hill) that Rio Tinto does not currently own (the Transaction).

Key Points: 
  • Rio Tinto has entered into a binding agreement (the Arrangement Agreement) to acquire all of the remaining shares of Turquoise Hill Resources Ltd (TSX: TRQ) (NYSE: TRQ) (Turquoise Hill) that Rio Tinto does not currently own (the Transaction).
  • Details of the Transaction and Arrangement Agreement will be provided in the management information circular to be mailed to Turquoise Hill shareholders.
  • Rio Tinto currently beneficially owns 102,196,643 common shares of Turquoise Hill, representing approximately 51% of the issued and outstanding common shares of Turquoise Hill.
  • Rio Tinto also has anti-dilution rights that permit it to acquire additional securities of Turquoise Hill so as to maintain its proportionate equity interest in Turquoise Hill from time to time.

Turquoise Hill Enters into Definitive Agreements with Rio Tinto

Retrieved on: 
Tuesday, September 6, 2022

Turquoise Hill Resources Ltd. (Turquoise Hill or the Company) (TSX: TRQ) (NYSE: TRQ) announced today that, based on the unanimous recommendation of an independent special committee of its board of directors (the Special Committee), it has entered into an arrangement agreement (the Arrangement Agreement) with Rio Tinto plc and Rio Tinto International Holdings Limited (Rio Tinto), a wholly-owned subsidiary of Rio Tinto plc, in respect of a transaction whereby Rio Tinto will acquire the approximately 49% of the issued and outstanding common shares of the Company that Rio Tinto does not currently own (the Minority Shares) for C$43.00 in cash per share (the Transaction), subject to approval by the Turquoise Hill minority shareholders and other customary closing conditions.

Key Points: 
  • Turquoise Hill Resources Ltd. (Turquoise Hill or the Company) (TSX: TRQ) (NYSE: TRQ) announced today that, based on the unanimous recommendation of an independent special committee of its board of directors (the Special Committee), it has entered into an arrangement agreement (the Arrangement Agreement) with Rio Tinto plc and Rio Tinto International Holdings Limited (Rio Tinto), a wholly-owned subsidiary of Rio Tinto plc, in respect of a transaction whereby Rio Tinto will acquire the approximately 49% of the issued and outstanding common shares of the Company that Rio Tinto does not currently own (the Minority Shares) for C$43.00 in cash per share (the Transaction), subject to approval by the Turquoise Hill minority shareholders and other customary closing conditions.
  • The Special Committee was established by the Turquoise Hill Board of Directors (the Board) to consider the Initial Proposal, as well as other alternatives available to the Company and, if it deemed advisable, negotiate with Rio Tinto.
  • BMO Capital Markets is acting as exclusive advisor to the Special Committee of Turquoise Hill and Blake, Cassels & Graydon LLP is acting as legal counsel to the Special Committee.
  • Norton Rose Fulbright Canada LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP are acting as Canadian and U.S. legal counsel, respectively, to Turquoise Hill.

TURQUOISE HILL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Turquoise Hill Resources Ltd. - TRQ

Retrieved on: 
Friday, September 2, 2022

and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Turquoise Hill Resources Ltd. (NYSE: TRQ) to Rio Tinto Group (NYSE: RIO).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Turquoise Hill Resources Ltd. (NYSE: TRQ) to Rio Tinto Group (NYSE: RIO).
  • Under the terms of the proposed transaction, shareholders of Turquoise Hill will receive C$43 in cash for each share of Turquoise Hill that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

Rio Tinto and Turquoise Hill reach agreement in principle for Rio Tinto to acquire full ownership of Turquoise Hill for C$43 per share in cash

Retrieved on: 
Thursday, September 1, 2022

Rio Tinto and Turquoise Hill Resources Ltd. (Turquoise Hill) have reached an agreement in principle for Rio Tinto to acquire the approximately 49% of the issued and outstanding common shares of Turquoise Hill that Rio Tinto does not currently own for C$43 per share in cash (the Transaction).

Key Points: 
  • Rio Tinto and Turquoise Hill Resources Ltd. (Turquoise Hill) have reached an agreement in principle for Rio Tinto to acquire the approximately 49% of the issued and outstanding common shares of Turquoise Hill that Rio Tinto does not currently own for C$43 per share in cash (the Transaction).
  • The Transaction will require the approval of 66.67% of votes cast by shareholders of Turquoise Hill (including Rio Tinto) and the approval of a simple majority of the votes cast by minority shareholders of Turquoise Hill.
  • Rio Tinto currently beneficially owns 102,196,643 common shares of Turquoise Hill, representing approximately 51% of the issued and outstanding common shares of Turquoise Hill.
  • Rio Tinto also has anti-dilution rights that permit it to acquire additional securities of Turquoise Hill so as to maintain its proportionate equity interest in Turquoise Hill from time to time.