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The Latest Breaking News from Rio Tinto

Sacred Aboriginal sites are yet again at risk in the Pilbara. But tourism can help protect Australia’s rich cultural heritage

An application from Traditional Owners to block the construction of a fertiliser plant near ancient rock art in the Pilbara was denied by the federal Environment Minister Tanya Plibersek this week. This decision is deeply concerning, and points to a much larger problem with Indigenous heritage management.

The Conversation

The multibillion-dollar cost of decarbonising Hunter industry

An $8 billion investment in transmission storage infrastructure will be needed if Tomago Aluminium, the state's largest power consumer, is to make the switch to clean energy.

Newcastle Herald

Rio Tinto fined $57,000 after pipeline spill at Yarwun refinery near Gladstone

The mining giant pleaded guilty to two charges in the Gladstone Magistrates Court on Friday.

ABC News

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Diamonds have a unique 'fingerprint' that can reveal their origins and tell you if you've bought the real deal

In the gem business, knowing a real diamond from a fake is pretty crucial. Diamonds, just like people, have a unique 'fingerprint' and the technology to map them out is getting more advanced.

ABC News

Turquoise Hill Stock Plunges After Rejecting $2.7 Billion Rio Tinto Buyout Offer

“Oyu Tolgoi is an attractive tier one asset, and we remain highly focused on and optimistic about its transformation into one of the world’s great copper mines," Turquoise Hill said.

The Street

Chalmers flags multinational tax crackdown

Treasurer Jim Chalmers says a discussion paper on cracking down on multinational tax avoidance will be released within days.

Crikey

3 Dividend Stocks to Buy With Yields Over 5%

The stock market has been under pressure amid soaring prices and widespread recession fears. Amid the volatile market scenario, buying dividend stocks BHP Group (BHP), Rio Tinto (RIO), and Lumen Technologies (LUMN), which yields over 5%, could be a wise strategy to ensure a stable income stream. Read on….

StockNews.com

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Michael Pascoe: The professional classes make billion-dollar tax rorts possible

An army of very highly paid lawyers and accountants are beavering away at ripping off the Commonwealth, writes Michael Pascoe.

The New Daily

Not enough women: miners meet in Australia under a cloud after sexism report

Global investor and economist Dambisa Moyo this week became the first woman ever to deliver the keynote speech at the mining industry's annual conference in Western Australia, a boost for the sector as it faces scrutiny over perceived sexism.

Reuters

Rio Tinto profits hit by commodity price tumble and rising costs

FTSE 100 company to pay out $4.3 billion in interim dividends, its second highest ever

Evening Standard

Diamond jeweller Rohan Milne built a career working with rare gems. Then came a mysterious offer

Rohan Milne is not your average jeweller. In fact, he's worked in some of the most prestigious and secretive ateliers in the world. Then came an email offering to sell him diamonds recovered from a heist.

ABC News

Mining sector faces major skills shortage as environmental concerns deter Gen Z workers

Australia's mining sector is facing its "worst skills crisis in generations", and leaders say the key challenge is convincing environmentally conscious young people to join its ranks.

ABC News

Rio Tinto's bid for exploration in Dwellingup jarrah forest fiercely opposed by local community

Rio Tinto's application for permission to explore jarrah forest in WA's south west meets with strong opposition outside a hearing at the state's mining court.

ABC News

‘Fleecing the public’: Labor puts corporate giants on notice as Rio Tinto coughs up $1 billion in tax

Corporate giants failing to pay their fair share of tax have been put on notice as Labor prepares to introduce a crackdown on multinational tax dodgers.

The New Daily

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Crikey

Rio Tinto settles $1b tax bill: ATO

Rio Tinto has handed over $1 billion in unpaid taxes after an ATO investigation, in one of the largest settlements in Australian tax history.

The Guardian - AU

Rio Tinto agrees to pay additional $613m to settle dispute with Australian tax office

Deal over mining giant’s financing arrangements and marketing hubs in Singapore is one of ATO’s biggest ever tax settlements

Reuters

Chinese consortium puts workers on forced leave after Guinea halts Simandou

Chinese-led Winning Consortium Simandou (WCS) has put workers on forced leave with the prospect of layoffs if a dispute with Guinea's government over infrastructure for a massive iron project is not resolved, three sources told Reuters.

The Guardian - UK

Copper price at lowest level since 2020 as fears over global economy grow

Fall comes amid concerns that soaring inflation will curb spending by large manufacturers

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ABC News

NASA's inaugural Northern Territory mission is over, but hopes for a space industry boom remain

Three rockets fired from the remote Northern Territory have signalled a new hope for a region in need of economic diversity — that the space industry could help launch them into the future.

Benzinga

Jim Cramer Recommends This Mining Company And 5 Other Stocks

On CNBC’s "Mad Money Lightning Round," Jim Cramer said AT&T Inc (NYSE: T) is a "distinct hold. If it were $18, it’s a buy. If it was $23, it’s a sell."

Benzinga

Ominous Death Cross Forms On Rio Tinto's Chart

If history is any guide, there may be trouble ahead for shares of Rio Tinto (NYSE:RIO). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

StockNews.com

Time To Buy This Metal Company Yielding 13%?

Rio Tinto (RIO) continues to invest in sustainable and growth projects to ensure stable shareholder returns. The company has a steady dividend growth history and a current dividend yield of 13%. So, is it worth buying the stock now? Let’s find out.

ABC News

Culture of fear stops women reporting sexual assault, harassment on West Australian mine sites

Insiders say a culture of fear, silence and repression allowed inexcusable behaviour to be "swept under the rug" in the mining industry, and those factors are continuing to prevent women speaking out.

Bangkok Post

‘Horrific’ sexual abuses uncovered in Australia mining probe

A landmark inquiry into Australia’s mining sector has uncovered dozens of shocking cases of sexual harassment and abuse of women workers at companies including BHP Group and Rio Tinto Group.

ABC News

Inquiry into sexual assaults and harassment in WA's FIFO industry urges reporting overhaul, training

"Shocking" stories of sex assaults, harassment and targeted violence are detailed in a scathing parliamentary report into WA's fly-in, fly-out industry, with women subjected to an "appalling range of behaviours".

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