Rio Tinto drops plan to squeeze suppliers by delaying payments
Rio Tinto is reneging on its move to double the length of payment terms on up to $24 billion of supply contracts from 45 days to 90 days, after an outcry from suppliers and heavy political pressure.
- by Amanda Saunders
Latest
Rio's new boss Jean-Sebastien Jacques brings another touch of class
Rio Tinto has shown its class with the appointment of its new chief executive.
- by James Thomson and Amanda Saunders
Anglo American paves way for Australian coal exit
Global mining giant Anglo American could sell all of its Australian coal mines as it looks to offload another $US3 billion-$US4 billion in assets this year under a radical restructuring plan.
- by Amanda Saunders and James Thomson
Coal keeps hanging in there, but for how long?
It is hard to know how much more pain the coal industry can take after a prolonged winter of depressed prices.
- by Amanda Saunders
RBC initiates on Rio and BHP, but prefers the Global Australian
It's not every day you see analysts initiate coverage on BHP Billiton or Rio Tinto.
- by Amanda Saunders
Fossil fuel campaign puts new target on Australia's insurers
Insurance companies are shaping as the next battlefront in the local fossil fuels divestment campaign.
- by Amanda Saunders
No place like home in Broken Hill for BHP Billiton's Andrew Mackenzie
BHP Billiton chief executive Andrew Mackenzie has taken some time out from the pain the company finds itself in to make the "pilgrimage" to the place it all began for the miner – Broken Hill.
- by Amanda Saunders
EXCLUSIVE
Mining
Clive Palmer and the nickel refinery collapse that wasn't
Clive Palmer could walk away from the administration linked to his Queensland Nickel refinery without losing the assets and leave creditors out in the cold.
- by Amanda Saunders
South32 pares debt further as rest of industry battles leverage woes
South32 has cut its minimal net load by another $US290 million, which is in stark contrast to the rest of the struggling industry.
- by Amanda Saunders
BHP Billiton weighs US oil cuts, write-downs
BHP Billiton is expected to again cut capital spending for its US oil and gas business and is considering shutting down more rigs and further write-downs to the onshore division.
- by Amanda Saunders and Matthew Stevens
Sam Walsh backs Mark Carney on greenhouse gas reporting revamp
Rio Tinto chief Sam Walsh has backed a push by Mark Carney, the governor of the Bank of England, for listed companies to more clearly report greenhouse gas emissions data.
- by Amanda Saunders
Original URL: https://www.watoday.com.au/by/amanda-saunders-j7gdz